[EVENT] Iraqi Economic Depression.

EVENT

#Iraq's economy in trouble.

The sharp decline in international commodity prices caused a more than 40 percent drop in the value of Iraqi exports. This led to a national economic depression and massive wage reductions for many of Iraq’s workers.

This have caused an outrage among the poor workers and peasents that have witnessed their purchasing power dropping significantly while work schedules have increased by 5 hours a week.

The minister of treasury have said that the oil production decreased by 40% with most of the other exports such as agricultural products and textiles have fallen by 35%.

Posted Aug 24, 2017, 10:42 PM UTC · edited

20
Loading comments…