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A proposal to support the Generations Fund from the Kuwait war compensation funds after its end
- Time: 09/04/2021 15:12:38
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{Economic: Al Furat News} The Economic Adviser in the Cabinet, Mazhar Muhammad Salih, revealed today, Saturday, a proposal to support the Generations Fund after the end of the compensation paid by Iraq to Kuwait against the background of the invasion in 1990.
Saleh said in a statement to {Euphrates News}: "We suggested that the funding of the Generations Fund be after the end of the compensation for the Kuwait war, which will end after 6 months from now."
He added, "The transfer of compensation amounts to the Fund, in our estimation, is the mechanism that will maintain a ratio of 3 to 5% paid to the Generation Fund through properly managed internal and external investments that are linked to the higher authorities of the executive or legislative authorities."
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{Economic: Al Furat News} The Economic Adviser in the Cabinet, Mazhar Muhammad Salih, revealed today, Saturday, a proposal to support the Generations Fund after the end of the compensation paid by Iraq to Kuwait against the background of the invasion in 1990.
Saleh said in a statement to {Euphrates News}: "We suggested that the funding of the Generations Fund be after the end of the compensation for the Kuwait war, which will end after 6 months from now."
He added, "The transfer of compensation amounts to the Fund, in our estimation, is the mechanism that will maintain a ratio of 3 to 5% paid to the Generation Fund through properly managed internal and external investments that are linked to the higher authorities of the executive or legislative authorities."
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