Community groups warn of middle class decline
The article concerns the rising rates of poverty in Iraq, warning that the poverty rate could exceed 40% in some provinces due to the increase in the dollar exchange rate and the rising prices of basic goods. This has led to a decline in household purchasing power and the erosion of the middle class. Reports confirm that mismanagement of national wealth and the failure of economic policies have contributed to rising unemployment and reduced incomes for many families, with predictions that poverty levels will increase further in the future. Experts explained that this situation has serious social consequences, including school dropout rates, an increase in begging and crime, calling for improved employment opportunities and the development of the private sector to ensure poverty reduction and social justice.
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