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Monday, February 19, 2007

One third of all Iraqis live in poverty, UN-backed study finds

UN News Center

From a thriving middle income economy in the 1970's and 1980's, one third of today's Iraqi population lives in poverty with more than 5 per cent living in extreme poverty, a new United Nations-backed study says. Prepared by the Iraqi Central Organization for Statistics and Information Technology with the support of the UN Development Programme (UNDP), the statistics show that a high percentage of people in Iraq live under various levels of poverty and human deprivation despite the country's huge economic and natural resources. The policies applied to transform the Iraqi economy to a free market, such as the lifting of subsidies and the dismantling of state instruments, are exacerbating deprivation levels, UNDP said...

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