The economy of Iraq is dominated by the oil sector, which has provided about 99.7% of foreign exchange earnings during its modern history. As of 2021, the oil sector provides about 92% of foreign exchange earnings. Iraq's hitherto agrarian economy underwent rapid development following the 14 July Revolution (1958) which overthrew the Hashemite Iraqi monarchy. It had become the third-largest economy in the Middle East by 1980. This occurred in part because of the Iraqi government's successful industrialization and infrastructure development initiatives in the 1970s, which included irrigation projects, railway and highway construction, and rural electrification.
The Oil-for-Food Programme (OIP) was established by the United Nations in 1995 to allow Iraq to sell oil on the world market in exchange for food, medicine, and other humanitarian needs for ordinary Iraqi citizens without allowing Iraq to boost its military capabilities.
Rationing is the controlled distribution of scarce resources, goods, services, or an artificial restriction of demand. Rationing controls the size of the ration, which is one's allowed portion of the resources being distributed on a particular day or at a particular time. There are many forms of rationing, although rationing by price is most prevalent.
Investment in post-2003 Iraq refers to international efforts to rebuild the infrastructure of Iraq since the Iraq War in 2003. Along with the economic reform of Iraq, international projects have been implemented to repair and upgrade Iraqi water and sewage treatment plants, electricity production, hospitals, schools, housing, and transportation systems. Much of the work has been funded by the Iraq Relief and Reconstruction Fund, and the Coalition Provisional Authority.
The North Korean famine, also known as the Arduous March or the March of Suffering, was a period of mass starvation together with a general economic crisis from 1994 to 1998 in North Korea. During this time there was an increase in defection from North Korea which peaked towards the end of the famine period.
Abdel Falah Hassan Hamadi al-Sudani is an Iraqi politician who was the Minister of Trade from May 2006 to May 2009 in the government of Nouri al-Maliki. He previously served as Education Minister in the Iraqi Transitional Government from May 2005 to May 2006.
Farming in North Korea is concentrated in the flatlands of the four west coast provinces, where a longer growing season, level land, adequate rainfall, and good irrigated soil permit the most intensive cultivation of crops. A narrow strip of similarly fertile land runs through the eastern seaboard Hamgyŏng provinces and Kangwŏn Province.
The Ministry of Consumer Affairs, Food and Public Distribution is a government ministry of India. The ministry is headed by a Cabinet rank minister.
Trade is a key factor of the economy of China. In the three decades following the dump of the Communist Chinese state in 1949, China's trade institutions at first developed into a partially modern but somewhat inefficient system. The drive to modernize the economy that began in 1978 required a sharp acceleration in commodity flows and greatly improved efficiency in economic transactions. In the ensuing years economic reforms were adopted by the government to develop a socialist market economy. This type of economy combined central planning with market mechanisms. The changes resulted in the decentralization and expansion of domestic and foreign trade institutions, as well as a greatly enlarged role for free market in the distribution of goods, and a prominent role for foreign trade and investment in economic development.
The 2007 West Bengal food riots took place in West Bengal, India over shortage of food and widespread corruption in the public distribution system. The riots first happened in Burdwan, Bankura, and Birbhum districts but later spread to other districts. The riots started on 16 September 2007 in Radhamohanpur village in Bankura district.
Over 80% of electricity in Iraq is generated by fossil fuels. As of 2023 the 30 gigawatts (GW) of installed capacity cannot meet summer peak demand.
Below Poverty Line is a benchmark used by the government of India to indicate economic disadvantage and to identify individuals and households in need of government assistance and aid. It is determined using various parameters which vary from state to state and within states. The present criteria are based on a survey conducted in 2002. Going into a survey due for a decade, India's central government is undecided on criteria to identify families below poverty line.
The Public Distribution System (PDS) is an Indian food security system that was established by the Government of India under the Ministry of Consumer Affairs, Food and Public Distribution to distribute food and non-food items to India's poor at subsidised rates. Major commodities distributed include staple food grains, such as wheat, rice, sugar and essential fuels like kerosene, through a network of fair price shops established in several states across the country. Food Corporation of India, a government-owned corporation, procures and maintains the PDS.
The 2011 Iraqi protests came in the wake of the Tunisian revolution and 2011 Egyptian revolution. They resulted in at least 45 deaths, including at least 29 on 25 February 2011, the "Day of Rage".
Uttar Pradesh food grain scam took place between years 2002 and 2010, in Uttar Pradesh state in India, wherein food grain worth ₹350 billion (US$4.4 billion), meant to be distributed amongst the poor, through Public Distribution System (PDS) and other welfare schemes like Antyodaya Anna Yojana (AAY), Jawahar Rozgar Yojana and Midday Meal Scheme for Below Poverty Line (BPL) card holders, was diverted to the open market. Some of it was traced to the Nepal and Bangladesh borders, as in 2010 security forces seized Rs 11.7 million worth of foodgrains like paddy and pulses being smuggled to Nepal, another Rs 6062,000 worth of grains were confiscated on the Indo-Bangladesh border.
Mohammed Shia' Al Sudani is an Iraqi politician who is serving as the Prime Minister of Iraq since 27 October 2022. He was the Human Rights Minister of Iraq in the Council of Ministers of Prime Minister Nouri al-Maliki from 2010 until October 2014. He was the Governor of Maysan Province between 2009 and 2010.
Corruption is pervasive at all levels of government in Iraq. In 2021, President Barham Salih stated that US$150 billion of oil money had been stolen and smuggled out of Iraq in corrupt deals since the 2003 U.S. invasion. Endemic corruption pervades Iraq's oil and gas sectors, which still accounts for more than 99 percent of the country’s exports and 85 percent of the government’s budget. The Iraqi economy is predominantly a cash economy, making it almost impossible to trace the amount or the path the money follows.
Ration cards are an official document issued by state governments in India to households that are eligible to purchase subsidised food grain from the Public Distribution System under the National Food Security Act (NFSA). They also serve as a common form of identification for many Indians.
Pradhan Mantri Garib Kalyan Anna Yojana is a food security welfare scheme announced by the Government of India on March 26 2020, during the COVID-19 pandemic in India. The program is operated by the Department of Food and Public Distribution under the Ministry of Consumer Affairs, Food and Public Distribution. But the nodal ministry is Ministry of Finance.The scale of this welfare scheme makes it the largest food security program in the world benefiting 81.35 crore in India.
Democracy in Iraq is a new, "fledgeling process", commonly afflicted by corruption, civil and ethnic conflict, and violence. Iraq has a score of 3.51 of ten on the 2021 The Economist Democracy Index, which is considered authoritarian. Iraq scored 0.362 on the V-Dem Democracy electoral democracy index in 2023, ranking as 3rd most electoral democratic country in the Middle East. Numerous wars and conflicts in Iraq have made it difficult for a stable democratic government to emerge. Iraq's government was in a political crisis from November 2021 to October 2022.
