Middle East Economic Survey

VOL. LII

No 37

14-Sep-2009

MEES Agenda

Basri Proposes New Approach To Budget Planning In Iraq

The drawing up of the federal budget in Iraq fails to address the many challenges facing the economy, argues Baghdad-based Iraqi economist Kamal al-Basri, in a new research made available to MEES recently. These challenges include a high poverty rate of 31%, an unemployment rate of 18%, and a low per capita income of around $3,000, coupled with limited capital investment. Dr...