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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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    ILO reveals details of 4 trillion dinar initiative in Iraq

    Rocky
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    • Post n°1

    reveals - ILO reveals details of 4 trillion dinar initiative in Iraq Empty ILO reveals details of 4 trillion dinar initiative in Iraq

    Post by Rocky Wed 18 Dec 2024, 4:59 am

    ILO reveals details of 4 trillion dinar initiative in Iraq

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    Economy News - Baghdad
     
    [rtl]The country coordinator of the International Labor Organization, Maha Kattaa, confirmed today, Wednesday, working with several Iraqi parties on the 4 trillion dinar initiative, while she pointed to 3 important projects being worked on in Iraq.[/rtl]
     
    [rtl]In a speech she gave at the 8th International Social Security Conference, attended by the correspondent of "Al-Eqtisad News", Qata'a said, "The International Labor Organization is working with the Ministry of Labor and other entities, including the Central Bank, the Iraqi Bank Guarantees Company, and a number of private banks through the 4 trillion dinar initiative."[/rtl]
     
    [rtl]She added: "The organization's approach is based on three axes, the most important of which is developing policies that support the development of the private sector, including developing the national policy for the development of small and medium enterprises."[/rtl]
     
    [rtl]The country coordinator explained: “We are working on developing a national employment policy, and the importance of creating job opportunities, which must be a main focus and the entry of young people into work in the private sector.”[/rtl]
     
    [rtl]The sector stressed: “Working on developing legislation such as the labor law, social security, occupational health and safety, trade union organization, and other laws that contribute to developing the private sector and small and medium enterprises.”[/rtl]
     
    [rtl]Regarding the projects that the organization is working on in Iraq, she pointed out “the development of small and medium-sized projects funded by Germany, and investing about 9 million euros, through the Iraqi Bank Guarantees Company, and contributing to the growth of small projects, granting them loans and creating decent job opportunities.”[/rtl]
     
    [rtl]She stressed that "the second project is to enhance financial inclusion, especially in refugee areas, such as the Afak project, which we started in 2021, and which is funded by the Dutch government."[/rtl]
     
    [rtl]“As for the third project, it will be in the southern regions and will focus on green businesses. The ILO will carry out these projects in partnership with other parties,” according to the ILO coordinator.[/rtl]


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