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NEWS REPORT
Regional Instability Impacting Economic Resilience of Iraqi Families
The International Organization for Migration (IOM) has released a report warning that the ongoing regional conflict has negated the economic recovery of Iraqi families impacted by ISIS. The report recommends that "efforts should be aimed at buffering the impact of regional instability on private sector recovery in Iraq, with a focus on areas where livelihoods have been disrupted by past conflict and ongoing environmental degradation."
The report continues, many "face economic insecurity as they rely on irregular earnings or subsistence agriculture and have limited access to water and public services, making them vulnerable to macroeconomic shocks."
"The Israel-Gaza crisis has led to further polarization in the region and discontent in several Arab and Muslim countries... In Iraq, the number of explosions and instances of remote violence increased by 51 percent... (Meanwhile) the war in Ukraine has profoundly impacted global food markets... Iraq imports a significant portion of its food supply and has faced soaring prices since March 2022, particularly in staples such as wheat and cooking oil. This situation has put considerable strain on Iraqi households, who were already grappling with economic challenges and food insecurity before the conflict."
Thankfully, this is where SWIC comes in! Our speciality is livelihood projects which help Christians families survive these challenges.
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