Annually, foreign workers transfer two billion dollars outside Iraq

Annually, foreign workers transfer two billion dollars outside Iraq

9-16-2024

Annually foreign workers transfer two billion dollars outside IraqInformation/Baghdad..
The Prime Minister’s Advisor for Economic and Financial Affairs, Mazhar Muhammad Salih, revealed that “the value of annual remittances of foreign workers is estimated at no less than two billion dollars annually.
Salih told the official newspaper that “highly skilled or specialized expatriate workers constitute only 15% of the total expatriate workforce in the country, while the remaining percentage, which is close to 85% of those foreign workers working in our country, are of medium or limited skill.”
He pointed out “the necessity of finding legal and security treatments to confront the phenomenon of increasing illegal workers.”
Salih noted that “competition for job opportunities generated by foreign workers versus local workers for jobs is one of the most important problems, without neglecting the increasing numbers of foreign workers, especially illegal ones.”
He pointed out that “foreign workers generate pressure on the infrastructure and lead to pressure on resources and public services such as housing Health care and others.

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