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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    due to "surplus employees" .. Iraq is subjected to strong international criticism

    Rocky
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    due to "surplus employees" .. Iraq is subjected to strong international criticism Empty due to "surplus employees" .. Iraq is subjected to strong international criticism

    Post by Rocky Fri 26 Jan 2018, 2:43 am

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    due to "surplus employees" .. Iraq is subjected to strong international criticism[/size]
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     3 hours ago



    The World Bank is reviewing the way to manage the Iraqi economy, in light of the presence of hundreds of thousands of redundant employees in public sector companies, stressing the need for partnership between the public and private sectors. 
    World Bank Representative Yara Salem said in a report to the Secretariat of the Council of Ministers that the World Bank underlines the importance of public-private partnership, with challenges facing the role of public companies. 
    She noted that the Iraqi economy is still considered a central economy, and the public companies suffer from high production costs as well as unemployment, which is a major obstacle to the reform and restructuring.
    A member of the Central Committee for the Reduction of Poverty and ending the problem of public companies MP Najibah Najib, the problem of employees of public companies belonging to the Ministry of Industry and Minerals began since 2004, most of the former military manufacturing and the majority of its facilities to destruction and looting, 6 thousand employees without work waiting for their salaries at the end of each month. 
    She explained that a joint committee of the Council of Ministers and the House of Representatives formed in 2014 to study the subject and was able to raise recommendations to vote on them, including appropriate solutions and remove all that was prevented from offering for privatization or investment, such as reducing the number of employees through their retirement and distribution between ministries, Another was challenged.
    And revealed that the salaries of public companies as a whole, estimated at more than 234 companies affiliated to ministries, paid monthly salaries amounting to more than 115 billion dinars equivalent to 100 million dollars, in the absence of any productive activity and a burden on the Treasury. 
    The Economist, Emad Aboud, said that the World Bank imposed on Iraq to reduce the number of state employees in general according to an annual plan not announced by the government in exchange for acceptance of lending to Iraq, and this plan requires the transfer of tens of thousands of them annually to retire without compensation for vacant grades. 
    He pointed out that the number of non-military personnel rose from 850 thousand before 2003 to more than 4.5 million currently, and earn more than 51 trillion dinars.
    The data confirm the government's recent approach to a new strategy of several important axes: the development of the private sector, facilitating the entry of companies into the market, including all employees in the pension fund and enacting laws that sponsor them, as well as providing soft loans to industrial, service, commercial and agricultural companies. 
    Non-oil imports, particularly from the industrial and agricultural sectors, are no longer a small percentage of GDP, with the volume of government expenditures increasing until it consumes all the country's oil imports. 
    hayat






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