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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


    Advisor to the Prime Minister: Foreign workers transfer 600 million dollars annually outside Iraq

    Rocky
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    Advisor to the Prime Minister: Foreign workers transfer 600 million dollars annually outside Iraq Empty Advisor to the Prime Minister: Foreign workers transfer 600 million dollars annually outside Iraq

    Post by Rocky Sat 20 May 2023, 3:53 am

    [size=36]Advisor to the Prime Minister: Foreign workers transfer 600 million dollars annually outside Iraq[/size]

    Economy| 10:24 - 05/19/2023

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    Baghdad - Mawazine News,
    Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Friday, that foreign workers transfer 600 million dollars annually outside Iraq and work in sectors with limited productivity, while actual unemployment in Iraq is 16% of the total workforce.
    Salih said in an interview with the official agency, followed by Mawazine News, a copy of it: "In the general economic framework and in principle, Iraq is committed to the provisions of Article Eight of the International Monetary Fund agreement, which requires liberalization of the current account of the Iraqi balance of payments, which means freedom of import and export of goods." services and the freedom to transfer the returns of foreign workers and the returns of foreign capital working in our country.”
    He added, "The legal foreign workers working in Iraq currently enjoy the freedom to transfer their dues from wages and salaries to their home countries (after paying taxes and legal fees), but in return, foreign countries must allow Iraqi workers abroad to transfer their dues to Iraq."
    And he continued, "Despite the foregoing, our labor market is very vague in its customs and traditions, at a time when actual unemployment in Iraq is 16% out of the total labor force out of the economically active population of 6 million workers in the labor market except for government employees, We find that the country is teeming with hundreds of thousands of foreign workers, most of whom work in the service sector, which is limited in productivity and is weak in generating added value, which is easily compensated by Iraqi labor.
    He stated, "This means transferring $600 million of these people to productive businesses of limited added value annually in exchange for widespread unemployment, which constitutes a drain on the country's financial resources and savings."
    He pointed out, "Unfortunately, the work culture in our country is still dominated by a lot of transcendence from performing works that are honorable in principle, but social traditions and customs refuse to enter their fields of work, which caused the foreign worker to replace the national worker in the labor market, which is a social dilemma inherited in many countries." One of the areas of work, especially service, is more than an economic dilemma.
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    Advisor to the Prime Minister: Foreign workers transfer 600 million dollars annually outside Iraq Empty Foreign workers transfer 600 million dollars annually out of Iraq

    Post by Rocky Sat 20 May 2023, 4:05 am

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    • FRI, 05-19-2023, PM 9:44
       
    • TAYSEER AL-ASADI


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    Today, Friday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed that foreign workers transfer 600 million dollars annually outside Iraq and work in sectors with limited productivity, while actual unemployment in Iraq is 16% of the total workforce.
    Salih said in an interview, "In the general economic framework and in principle, Iraq is committed to the provisions of Article Eight of the International Monetary Fund agreement, which requires liberalization of the current account of the Iraqi balance of payments, which means freedom of import and export of goods and services and freedom of transferring the returns of foreign workers." And the returns of foreign capital working in our country.
    He added, "The legal foreign workers working in Iraq currently enjoy the freedom to transfer their dues from wages and salaries to their home countries (after paying taxes and legal fees), but in return, foreign countries must allow Iraqi workers abroad to transfer their dues to Iraq."
    And he continued, "Despite the foregoing, our labor market is very vague in its customs and traditions, at a time when actual unemployment in Iraq is 16% out of the total labor force out of the economically active population of 6 million workers in the labor market except for government employees, We find that the country is teeming with hundreds of thousands of foreign workers, most of whom work in the service sector, which is limited in productivity and is weak in generating added value, which is easily compensated by Iraqi labor.
    He stated, "This means transferring $600 million of these people to productive businesses of limited added value annually in exchange for widespread unemployment, which constitutes a drain on the country's financial resources and savings."
    He pointed out, "Unfortunately, the work culture in our country is still dominated by a lot of transcendence from performing works that are honorable in principle, but social traditions and customs refuse to enter their areas of work, which caused the foreign worker to replace the national worker in the labor market, which is a social dilemma inherited in many countries." One of the areas of work, especially the service ones, is more than an economic dilemma.

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    Advisor to the Prime Minister: Foreign workers transfer 600 million dollars annually outside Iraq Empty A Sudanese advisor reveals the annual transfer of 600 million dollars by foreign workers[/rtl]

    Post by Rocky Sat 20 May 2023, 4:22 am

    [size=26]A Sudanese advisor reveals the annual transfer of 600 million dollars by foreign workers[/rtl]

    economy  ,  2023/05/20 11:00  , the number of readings: 123 
    [/size]
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    [rtl]Baghdad-Iraq today:[/rtl]
    [rtl]Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed that foreign workers transfer 600 million dollars annually outside Iraq and work in sectors with limited productivity, while actual unemployment in Iraq is 16% of the total workforce.

    Salih said in a press interview, "Within the general economic framework and in principle, Iraq is committed to the provisions of Article Eight of the International Monetary Fund agreement, which requires liberalization of the current account of the Iraqi balance of payments, which means freedom of import and export of goods and services and the freedom of transferring the returns of foreign workers.” And the returns of foreign capital working in our country.

    He added,

    And he continued, that despite the foregoing, our labor market is very vague in its customs and traditions, at a time when actual unemployment in Iraq reaches 16% out of the total labor force out of the economically active population of 6 million workers in the labor market except for government employees, we find that the country is teeming with hundreds of thousands of foreign workers, most of whom work in the service sector with limited production and weak value-added generation, which can easily be compensated by Iraqi labor.” He stated, “This

    means transferring $600 million of these workers to productive businesses with limited added value annually, in exchange for widespread unemployment; This constitutes a drain on the country's financial resources and savings.

    He pointed out, "Unfortunately, the culture of work in our country is still dominated by a lot of transcendence from performing works that are honorable in principle, but social traditions and customs refuse to enter their areas of work, which caused the foreign worker to Replace the national worker with the labor market, which is a social dilemma inherited in many countries.” One of the areas of work, especially service, is more than an economic dilemma.[/rtl]

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    [/rtl]

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