Latest topics
Learn about the terms of the economic reform paper that the Ministry of Finance will release soon
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Learn about the terms of the economic reform paper that the Ministry of Finance will release soon
Employees in one of the real estate registration departments
10/10/2020
Economy News - Baghdad
An economics professor at Basra University, Nabil Al-Marsoumi, revealed some of the articles of the economic reform paper called the "White Paper", which the Finance Ministry is working on to reform the economy.
Al-Marsoumi said, "As I expected in previous publications that the government reform paper will not deviate from the framework of the IMF's policies and austerity measures with high social costs. This can be seen by looking at some of what was mentioned in the reform paper that the government called white, as follows :
1- Reducing the wage and salary bill from 25% of GDP to 12.5% within three years
2- Reforming the retirement fund so that it is not linked to the budget, and retirement salaries are paid directly from the fund
3- Reducing financial support for state-owned companies by 30% every year for a period of three years
4- Reducing total government support from 13% of GDP to 5% within three years
5- Restructuring the public salary scale by stopping new employment and replacement operations in the public sector
6- Setting a higher ceiling for employees ’salaries to achieve justice and reduce differences
7- Applying income tax to employee allowances, incentives, bonuses, and others
8- Review fuel subsidies for state-owned oil companies, and the proceeds from the sale of black oil should be returned to the state treasury
9- Issuing national bonds and instruments and offering them for public circulation on the Iraq Stock Exchange
10- Studying the current exchange rate of the dollar against the dinar and taking into consideration the requirements of financial and monetary stability and achieving the competitiveness of the Iraqi economy
11- Restructuring the state-owned public companies and converting them into private companies
12- Correcting the defect in the ration card system to ensure the protection of people with limited income and withholding it from families whose income exceeds a certain ceiling .
13- Ensure that all workers in the public, private, mixed and cooperative sectors are included in retirement benefits
14- Completing the Social Insurance Law in order to be an alternative to the unified retirement, retirement and social security laws for workers
https://economy-news.net/content.php?id=22178
*****************
>>>TNTBS's YouTube Channel<<<
RamblerNash- GURU HUNTER
- Posts : 24270
Join date : 2015-02-19
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Fri May 10, 2024 5:03 pm by kenlej
» Go Russia
Sun May 05, 2024 11:37 am by kenlej
» Go Russia
Sun May 05, 2024 10:51 am by kenlej
» Textbook Tony
Mon Apr 29, 2024 4:13 pm by Mission1st
» The Rockefellers and the controllers are freaking out right about now
Fri Apr 26, 2024 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej