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Government: Iraq at the forefront of economic growth

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06/20/2013 (00:01 pm)   - The   number of readings: 55   -  Issue (2823)


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Government: Iraq at the forefront of economic growth




 Baghdad / follow-term at a time when the government announced that the rate of per capita Iraqi increased from four million dinars annually in 2009 to more than six million million annually in the last year, the Ministry of Planning said that about a fifth of Iraqis living below the poverty line. Despite that the Prime Minister considered that the indicators Five-Year Plan prior to the year 2010 - 2014 has achieved successes in their application, questioned a member of the Economic Commission parliamentary and economists numbers that are talked about al-Maliki. Previously, Prime Minister Nuri al-Maliki that said during one of the sessions of the Council of Ministers, which was held in early June the ongoing implementation of the new five-year plan 2013 - 2017, that "Iraq has become at the forefront of the economic growth rate as the GDP rate rose from 8 to 10% annually during the past four years." Skeptical member of the Committee of Economy and Investment parliamentary MP for the rule of law Abdul-Abbas Xiaa, proportions that have been announced by the Council of Ministers on the per capita income in Iraq, noting that "these percentages are exaggerated and unrealistic."adds Xiaa in an interview for "Alsumaria News" , that "the lack of equitable distribution of wealth was behind the high incidence of poverty in Iraq," noting that "the transformation of the Iraqi economy after 2003 to a market economy has led to the emergence of a new class of rich as they fell to the standard of living of the middle class to become close to the poor." He stressed that "the Iraqi economy needs to legalize some of the laws that would contribute to the development of the economy in all provinces and all segments of society." He sees the financial as Abdul Hadi that "descent, which announced higher per capita income in Iraq do not necessarily represent percentages real per capita income . "explains" Iraq depends on imports of oil dramatically and which confers a substantial increase on the rising GDP, which in turn is reflected in the rate of per capita income. "and draws Abdul Hadi that "the per capita income is extracted from the GDP, which is divided by the population", warning that "Iraq is not suffers from high income as it suffers from the problem of equal distribution of income." The economic expert Abdul Rahman al-Mashhadani said that "rising per capita incomes in theory might be true, but it practically does not mean that the Iraqi individual rate improved because inflation is still high and therefore it reaps all the per capita income. " and adds "descent may be incorrect, especially with the lack of a census in which, since the last census was conducted in 1997 and therefore all the statistics discretionary questionable." The Ministry of Planning and Development Cooperation, the "proportion of the poverty level in Iraq is 23%, which means that a quarter of Iraq's population living below the poverty line, including nearly 5% in the level of extreme poverty," indicating that "poverty line includes the basic needs of food and non-food." says ministry These ratios have declined recently, according to preliminary indications of the survey, which was carried out by the Central Bureau of Statistics recently. shows the spokesman of the Ministry of Planning Abdul-Zahra al-Hindawi, that "preliminary indications of the survey, which was carried out by the ministry to map poverty in Iraq in 2013 showed lower poverty index to 18% compared to 23 % for the year 2007. " Hindawi explains that "the survey included 311 thousand a sample and is the largest of its kind in the history of Iraq and the region," noting that "the sample have been selected from all Iraqi provinces, and samples were distributed between rural and urban areas."



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