Parliamentary Finance: The World Bank requires Iraq to pass the Social Insurance Law

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Parliamentary Finance: The World Bank requires Iraq to pass the Social Insurance Law

Post  Admin on Sun Aug 06, 2017 5:15 pm



BAGHDAD (AFP) - The International Monetary Fund (IMF) has demanded that Iraq pass a social insurance law to encourage the private sector and rely on young people for economic growth and access to the roles of developed countries, the parliamentary finance committee said Sunday.

"The law will represent a clear damage to the government, but it is hoped and with time to create an investment case to manage the money in the pension fund," he said, pointing out that "passing the law and voting in the House of Representatives for the service of a large segment of citizens and will reduce The increasing annual submission of applications for government appointment, as it will provide in one way or another the provision of government pension for private sector workers. " AH


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