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<BLOCKQUOTE class="postcontent restore">United Nations: Iraq is difficult .. And needs related to oil revenues
Date: Thursday, 05/26/2011 8:47
According to The Christian Science Monitor that while promoting the Arab countries against tyrants, and concludes when Iraq from dictatorship, where is Saddam Hussein who was ousted by the 8-year distant memory for young people, but that the Iraqis take to the streets to find out why millions of them living in poverty over the oil-rich country in the world.
The newspaper said: "Millions of people still rely on government food rations and one in every 6 live in poverty on an income of about two dollars a day and almost 40% of Iraq's 30 million people under the age of 15 years."
The newspaper quoted Simona Marinescu, chief economist at the UN Development Programme of the United Nations in Iraq, saying that "Iraq is a difficult situation, which is not a country without resources, and Iraq is a country going through a very strange is when the pace needs similar to the pace of revenue, and the needs of Iraqis to the development of increasingly more similar to their needs core ".
She noted that Iraq had returned recently census reserves of oil to reflect the technology is dated, and now says "that he had the second largest oil reserves and that, with oil prices reached $ 110 a barrel, this is an extraordinary resource.
The newspaper quoted an official from the U.S. embassy in Iraq - on condition of anonymity - as saying that "there is a belief the need to change things .. I do not think that Iraq - with the population of youth of that size and rapid growth - will be the state oil at all .. and that over a period of ranging between three to five years to come will spend almost all of the additional revenue you earn just to pay for the infrastructure to extract oil from the ground and export it. " She added, "that, in addition to the political turmoil that followed the overthrow of Saddam Hussein, Iraq embarked on its economy especially in the revolution of the state-run, which is based on oil, where more than 60% of Iraqis in the public sector."
She noted that the restructuring of state-owned enterprises of the State is required because the economy needs to get out of this trap the oil as soon as possible, "said Marinescu, which oversees the project for restructuring the UN 176 with an Iraqi state-owned.
The Regional Director for the Middle East and North Africa Arab Hadi said that the poverty rate in Iraq reached 23%, indicating that the country faces difficult development challenges most notably the over-reliance on oil resources and the lack of investment and infrastructure maintenance. He explained that the Arab "is no secret to anyone that Iraq has the resources, enormous human and natural, but it still faces great challenges to achieve the comprehensive economic development and sustainable benefit of all classes of people."
He added that he wants in this symposium will be assigned to the Iraqi government some of the priorities for economic development, including "reducing the excessive reliance on oil resources to the rapid changes in revenues," noting that Iraq had "been subjected to a series of wars and international sanctions, which led to the absence of chronic Investment and maintenance of infrastructure and institutional and human resources and reduce the level of services, which in turn reduce the level of living of the citizens. " And the separation of the "poverty rate in Iraq at 23%, which is high," adding that "poverty gap constitute 4,5% only, which means that a small increase of the resources of poor families that would lift most of the poor above the poverty line, and Iraq will become one of the best countries in the region. "
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Date: Thursday, 05/26/2011 8:47
According to The Christian Science Monitor that while promoting the Arab countries against tyrants, and concludes when Iraq from dictatorship, where is Saddam Hussein who was ousted by the 8-year distant memory for young people, but that the Iraqis take to the streets to find out why millions of them living in poverty over the oil-rich country in the world.
The newspaper said: "Millions of people still rely on government food rations and one in every 6 live in poverty on an income of about two dollars a day and almost 40% of Iraq's 30 million people under the age of 15 years."
The newspaper quoted Simona Marinescu, chief economist at the UN Development Programme of the United Nations in Iraq, saying that "Iraq is a difficult situation, which is not a country without resources, and Iraq is a country going through a very strange is when the pace needs similar to the pace of revenue, and the needs of Iraqis to the development of increasingly more similar to their needs core ".
She noted that Iraq had returned recently census reserves of oil to reflect the technology is dated, and now says "that he had the second largest oil reserves and that, with oil prices reached $ 110 a barrel, this is an extraordinary resource.
The newspaper quoted an official from the U.S. embassy in Iraq - on condition of anonymity - as saying that "there is a belief the need to change things .. I do not think that Iraq - with the population of youth of that size and rapid growth - will be the state oil at all .. and that over a period of ranging between three to five years to come will spend almost all of the additional revenue you earn just to pay for the infrastructure to extract oil from the ground and export it. " She added, "that, in addition to the political turmoil that followed the overthrow of Saddam Hussein, Iraq embarked on its economy especially in the revolution of the state-run, which is based on oil, where more than 60% of Iraqis in the public sector."
She noted that the restructuring of state-owned enterprises of the State is required because the economy needs to get out of this trap the oil as soon as possible, "said Marinescu, which oversees the project for restructuring the UN 176 with an Iraqi state-owned.
The Regional Director for the Middle East and North Africa Arab Hadi said that the poverty rate in Iraq reached 23%, indicating that the country faces difficult development challenges most notably the over-reliance on oil resources and the lack of investment and infrastructure maintenance. He explained that the Arab "is no secret to anyone that Iraq has the resources, enormous human and natural, but it still faces great challenges to achieve the comprehensive economic development and sustainable benefit of all classes of people."
He added that he wants in this symposium will be assigned to the Iraqi government some of the priorities for economic development, including "reducing the excessive reliance on oil resources to the rapid changes in revenues," noting that Iraq had "been subjected to a series of wars and international sanctions, which led to the absence of chronic Investment and maintenance of infrastructure and institutional and human resources and reduce the level of services, which in turn reduce the level of living of the citizens. " And the separation of the "poverty rate in Iraq at 23%, which is high," adding that "poverty gap constitute 4,5% only, which means that a small increase of the resources of poor families that would lift most of the poor above the poverty line, and Iraq will become one of the best countries in the region. "
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