Records relating to keyword "IMF"

  • New GoI/IMF/UNDP poverty study: 1 in 5 now live in poverty

    Keywords: Poverty Humanitarian situation IMF UNDP

    Reports on a study by the Iraqi Ministry of Labor and Social Affairs, in conjunction with the IMF and UNDP.

    It finds that the number of Iraqis living below the poverty line has increased since the fall of the regime of Saddam Hussein in 2003. 1 in 5 now live in poverty.

    "Some two million Iraqi families live under the poverty line, as defined by international criteria, which is fixed at one dollar per day per person."

    "'The number of people requiring social assistance by our minister is dwarfed by the large number of people in need...actually only 171,000 famillies across the entire country receive social assistance,' compared to the two million needing it.

    "This paltry amount of aid, which runs between 40,000 to 50,000 dinars (30 to 35 dollars) a month, according to the famillies, will be increased by a new amendment to a social security law dating from 1980."