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Iraq Sees 35% Increase in “Absolute and Desperate” Poverty Rate

HeadlineOct 18, 2006

In other news from Iraq, new figures show the Iraqi standard of living continues to decline. The Iraqi Ministry of Labour and Social Affairs says one in five Iraqis now live below the poverty line. The number of people living in “absolute and desperate deteriorated conditions” has surpassed two million. That figure marks a thirty-five percent increase over before the US-led invasion. The unemployment rate has reached an estimated sixty percent, while food prices are on the rise.

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