Next month .. Baghdad hosts the National Economic Development Conference
30/7/2018 12:00 am
[rtl]With the participation of a number of countries
Baghdad / Sabah
It is hoped that mid-month next month in Baghdad, the National Economic Development Conference will be held with the participation of a number of countries, while the Cabinet approved the first amendment to the Iraqi Funds Recovery Law and the Minimum Standards
The Secretary-General of the Council of Ministers, Mahdi Al-Alak, told "Aware": "Addressing and overcoming the challenges facing the country in the public and private sectors and creating an environment conducive to investment, is through the development of mechanisms that promote this important aspect in various sectors, Will be held in mid-August with the participation of a number of countries.
"Despite the decisions made by successive governments to support investment and encourage the private sector, they have not done so because of the routine and lack of guidelines for interpreting legal provisions," he said.
He pointed out that "the conference will conclude the formulation of recommendations to support the sectors, foremost investment, with access to an attractive environment rather than the current environment, particularly the expelling of investment." A statement issued by the Secretariat said that "the Cabinet approved the draft law on the accession of the Republic of Iraq to the Minimum Standards Convention on Social Security," adding that "the law includes medical care, and help the cases of unemployment, aging and injuries Labor, maternity, disability, heirs and family allowances, as well as equality of non-national residents in the treatment. "
"The law stipulates that each State party to the Convention that provides for this part of the Convention shall provide relief to protected persons if their condition requires medical care of a preventive or therapeutic type.
Each Member State to which this Part of the Agreement applies shall provide sickness benefit to protected persons. The covered emergency shall also include incapacity to work as a result of illness with a cessation of gain as defined in the medical laws or regulations, according to the statement.
The Council of Ministers also approved the draft law of the first amendment to the law of the Fund for the recovery of Iraq's funds No. 9 of 2012, and referred to the House of Representatives, according to another statement.
He explained that "the law provides for the management of the Fund by a Board of Directors consisting of the Chairman of the Integrity Commission, the Director General of the Department of Recovery in the Commission, and a representative under the title of Director General of the Ministries of Foreign Affairs and Oil and Finance and Justice and Trade, in addition to the Central Bank and the Federal Financial Supervision Bureau, And accountability and justice, and gives financial rewards to informants by their role after the recovery of funds.
The draft law aims to determine the link between the fund to recover the funds of Iraq and the addition of members of the Board of Directors and grant authority to the Board of Directors to grant bonuses to informants and according to the role of each, according to the statement issued by the Secretariat of the Council of Ministers.[/rtl]
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