THE ECONOMIC IMPORTANCE OF WHEAT CULTIVATION TO SUPPORT THE IRAQI FOOD BASKET AND ENSURE THE CONTINUITY OF THE RATION CARD
DOI:
https://doi.org/10.47847/Palavras-chave:
Wheat, Discount factor, NPV, IRR, BCR, Ration cardResumo
This study aims to develop the agricultural reality of wheat production in the region and establish a baseline from which to assess the impact of the national wheat cultivation development project in subsequent years and ensure the contınuıty of the ratıon card. The research relied on a descriptive analytical approach and a standard quantitative approach based on econometrics. The study was conducted in the lands of the Al-Numaniyah region, which were planted with wheat for seven previous agricultural seasons, starting from 2015-2016. wheat cultivation in previous years yielded acceptable positive results from an economic perspective, as measured by statistical analysis. The net present value was 12.7 at a discount factor of 8%, and the benefit-to-cost ratio was 1.1 at a discount factor of 8%. The internal rate of return was 29.3% To predict the current state of wheat cultivation in the region for subsequent seasons, starting from 2022-2023, time series were used, relying on the statistical linear regression equation Y = a + bx. According to this, wheat production forecasts were 44 , 48 , 52 , and 57 thousand tons for the subsequent years, from 2026 – 2029. The results of the analysis revealed a decrease in ration card support allocations in Iraq for the period 2004-2023 which was reflected in a reduction in the ration card items and a decrease in the number of months the ration card was received , although the poverty rate in Iraq for the period 2004-2023 became 21.7% and its average for the years 2020-2023 is 28%.
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