12:45 - 06/08/2017
A member of the Finance Committee parliamentary Hossam Aqabi, Sunday, that the parliament will pass the Social Insurance Law allocated to private sector workers, noting that it will reduce the annual numbers advanced on the appointment of the government.
"The International Monetary Fund (IMF) has stipulated that Iraq should adopt the Social Security Law in a gesture to encourage the private sector, rely on young people for economic growth and reach the roles of developed countries," al-Aqabi said in a statement.
He added that "the law will represent a clear damage to the government at the beginning, but with time will create a good investment case to manage money in the Pension Fund," asserting "pass the law and vote in the House of Representatives for the service of a large segment of citizens."
Al-Aqabi pointed out that "the social insurance law will reduce the annual increase in applications for government appointment, as it will provide in one way or another the provision of the government from the pension of workers in the private sector." End 25 n
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