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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

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    Justice plans to invest minors fund

    Rocky
    Rocky
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      Justice plans to invest minors fund Empty Justice plans to invest minors fund

    Post by Rocky Sun 29 Sep 2019, 2:19 am

    [You must be registered and logged in to see this image.]  Justice plans to invest minors fund


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    Economy News - Baghdad
    The Ministry of Justice announced on Sunday that it is working through the Department of Minors' Welfare to prepare a plan that includes the investment of the funds of the Fund for this segment and the provision of social welfare for them educationally and health
    "The department has a plan of action commensurate with the current situation of minors in order to provide the best services for this important segment of society," ministry spokesman Kamel Amin said in an interview carried by the official Sabah newspaper. The Minors' Welfare Fund includes funds belonging to the minor, either through inheritance or by depositing funds in his name by his relatives.
    He stressed that "the law allowed investment and development at specific rates not more than 50 percent for those over the age of 15 years in order to develop and increase and then returned to him," noting that "projects are conducting a feasibility study on them extensively and presented as investment opportunities taking into account the study of previous experiences To other government ministries and coordinate with the concerned authorities. "
    "The Minors Welfare Council, chaired by Minister of Justice Farouk Amin Al-Shawani, and the membership of the ministries of planning and finance, the Real Estate Registration Department and the Supreme Judicial Council, held intensive meetings to study the investments of the fund before starting any investment, since it is keen to enter into guaranteed investments and the risk is low to invest these funds, Segment. "
    "Minors can withdraw funds from them with special approvals when they need to travel for the purpose of treatment, operation or entry of minors to private or private schools, as well as for the purpose of repairing their homes," he said. The Fund is currently working with the Bank on the basis of interest rates from some of the ongoing projects that the Board seeks to develop, as well as fixed deposits, remittances and Central Bank bonds. T Ministry seeks to apply, as well as investment pieces of land belonging to the fund in order to invest the money of minors as required. 

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