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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Deputies: manipulate government funds retirement fund threatens Bavlassh by 2020

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269823
    Join date : 2012-12-21
    • Post n°1

    Deputies: manipulate government funds retirement fund threatens Bavlassh by 2020 Empty Deputies: manipulate government funds retirement fund threatens Bavlassh by 2020

    Post by Rocky Wed 14 Dec 2016, 1:42 am

    [You must be registered and logged in to see this image.]
    Deputies: manipulate government funds retirement fund threatens Bavlassh by 2020


     Baghdad / peace Zidane 

    Economists warned that the bankruptcy of thepension fund over the next four years because of the government to borrow part of themoney to pay employees ' salaries and add 40,000 staff person who is not a year to retirement. 


    She said a member of the economic and investment commission in parliament, olive - Dulaimi "long" that " the government when I felt the presence of financial hardship as a result of lower oil prices and the inability to pay salaries resorted to the pension fund and reserves of the Central Bank", noting that " the expectation that the bankruptcy Fund true retirement because of government policy and their inability to return the money they borrowed from the pension fund. " 
    Dulaimi , confirmed that " the pension fund independently and function to obtain deductions from the staff nor the government do with it , " indicating that " the Central Bank reserves fell from $ 80 billion to $ 40 billion due to government policies." 
    He was the financial advisor to the prime minister, the appearance of Mohammed Saleh said in an interview for the "long - Presse", " The years after 2003 saw a large number of the beneficiaries of the pension fund from those who did not have previous contributions to the fund," noting that it "led a decrease in contributions to the pension fund, making it a real bankruptcy concerns. " 
    And saw the benefit, that " the decline in the fund hurts financial process and benefits of a large segment of citizens unless protective action early," noting that it "includes paying the employee the remaining years of his service basis in retirement, or that his pension received by a fundamentalist, what will money to the fund inaddition to other mechanisms can be taken. " 
    He explained that " the pension fund 's assets dropped from 10 trillion to about eight trillion dinars, and this is why the International Monetary Fund to warn of the possibility of running out of these assets within four years." 
    He added that " the number of retirees rises about 50 thousand retired annually, and only 10 thousand ofthem are referred to retire normally after that finish their service." 
    In the meantime, a professor of economics at the University of Mustansiriya Falah al - Rubaie said the "long" that "disability , which affects the pension fund due to the large increase in the number of retirees and thelack of financial revenue , " asserting that "Government policy toward the pension fund should be re -examined them." 
    The National Pension Authority director Ahmed Abdul Jalil confirmed the arrival of the number of retirees in Iraq to 2,000,350 thousand retired distributors on the various governorates of Iraq, attributed the increase to " the current situation is grabbing their right under the former regime and compensation of victims ofterrorism." 
    For his part, economist said, a just peace, "long" that " the pension fund matter very large segment of thepeople and the declaration of bankruptcy great danger would befall the citizens , " adding that " thegovernment policy after 2003 was based on lack of planning and poor management which led to huge losses for the country. " 
    Adel added that "some Iraqi officials are getting pensions in addition to other salaries and this is a big problem that must be re - examined them." 
    In the same context, the head of Mesopotamia Foundation to support the transparency and integrity, Mohammad Rahim, said that "referral spoilers to retire without hold them accountable for their political and partisan status process is unacceptable," calling for " the confiscation of movable and immovable for those found guilty." 
    Rahim added that "officials legislate for themselves pensions fictional, and to bring the corrupt to retire prevalent in the culture of Iraq, where the parties have the political blocs legally to the employee or official ,who hover around him suspicions of corruption or involvement in the waste of public money , cover, and so first of retirement in two ways after make way field in front of him in the career progression to earn a pension high or appointed to a Iraqi embassies to get the citizenship of the country in which it operates and to protect himself from prosecution. "

    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Fri 10 May 2024, 10:10 am