World Bank: Iraq has bold steps to reform the pension system

History of edits:: 2016/2/23 13:23

[Where - Baghdad]
The World Bank announced that the Iraqi government "has bold steps to reform the pension system in the country."

He said the bank representative in Iraq Royer quality, during his intervention in a legal workshop held by the Ministry of Labour to discuss the establishment of an integrated social system, "The government has taken steps bold reform of the pension system in Iraq," adding that "the World Bank has provided its expertise to help the government in the formulation of a modern law social Security. "

He pointed out that "the integration of funds security and public retirement is one of the important topics that will contribute to improve the rate of employment in the private sector and alleviate the burden on the government," stressing that "the bank is ready to provide technical assistance to the government to ensure the provision of better services to the Iraqi people."

For his part, the appearance of Mohammed Saleh, Economic Adviser to the Prime Minister Haider al-Abadi, said the government is seeking to ensure the stability of the Iraqi individual through the upgrading of the labor market.

Saleh added, "The government is seeking to gain access to an integrated project to ensure the stability of the Iraqi individual to reduce the incidence of poverty and destitution real through raise the profile of the labor market and social security."

The Ministry of Labour and Social Affairs, today held a legal workshop to discuss the establishment of an integrated social system, would support the retirees and working creditors as one of the pillars supporting the private sector, in the presence of representatives of ministries and social partners, and a representative of the World Bank Royer quality, adviser heads the economic cabinet appearance of Mohammed Saleh.

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