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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


    Al-Sudani stresses the need for private sector companies to adhere to the retirement and social secu

    Rocky
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    Al-Sudani stresses the need for private sector companies to adhere to the retirement and social secu Empty Al-Sudani stresses the need for private sector companies to adhere to the retirement and social secu

    Post by Rocky Tue 16 Jul 2024, 4:48 am

    Al-Sudani stresses the need for private sector companies to adhere to the retirement and social security law

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    Baghdad Today - Baghdad
    Prime Minister Mohammed Shia Al-Sudani stressed today, Monday, July 15, 2024, the necessity for private sector companies to adhere to the Retirement and Social Security Law.
    According to a statement from his office, received by Baghdad Today, Al-Sudani chaired today "a meeting of the Ministerial Council for the Economy, during which the most important decisions related to economic affairs were discussed, and work within the framework of the basic determinants of financial and administrative reform included in the government program."
    The meeting hosted a group of businessmen specializing in the oil industry, where Al-Sudani affirmed "the government's support for the active private sector, and its belief in its ability to support the Iraqi economy by providing job opportunities, and establishing a national industry that meets the needs of the local market," noting "the existence of practical steps to achieve this support, as it is the only option for the government to cover the needs of citizens, and achieve the requirements of reconstruction and services, in implementation of the government program."
    He also stressed "the necessity for private sector companies to adhere to the retirement and social security law for workers, in order to expand care for them in this sector, and increase the number of insured persons," stressing "the importance of carrying out real reforms, and directing resources in the right direction, so that dependence on oil revenues as the sole source of income does not continue, and to meet the requirements of the operational and investment budget."
    The Council discussed the work of the Diwani Order Committee (24573 in 2024) on studying the economics of oil and gas in the country, leading to the adoption of showing the real costs along the value chain, according to economic foundations, according to the statement.
    During the meeting, it was decided to find a mechanism for marketing petroleum products that are expected to increase in the coming years, and to audit the quantities of petroleum derivatives supplied to factories and plants by the Financial Supervision Bureau, as well as to know the size of the current support for factories, and the amount of benefit achieved from it, in addition to evaluating factories according to production capacity, actual production, and the extent of compliance with controls.
    It was also decided that government support provided to companies would be based on products, the number of insured workers, and the factory’s ability to export according to a specific mechanism. A committee was formed that includes the Ministries of Oil and Industry, the Investment Authority, and National Security to follow up on the work of factories and verify information. It was also decided, during the meeting, to grant brick factories a period of one and a half years to convert their accreditation from black oil to liquefied gas.
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