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The parliamentary economy warns of the bankruptcy of the pension fund  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

The parliamentary economy warns of the bankruptcy of the pension fund

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The parliamentary economy warns of the bankruptcy of the pension fund  Empty The parliamentary economy warns of the bankruptcy of the pension fund

Post by RamblerNash Mon Jul 24, 2017 1:07 am

The parliamentary economy warns of the bankruptcy of the pension fund

The parliamentary economy warns of the bankruptcy of the pension fund  1189

Najeeb Najib
 
23/07/2017

Economy News Baghdad:

The economic committee warned on Sunday that the pension fund will be disrupted in the coming years as thousands of people retire without paying for retirement.

"The reports of the World Bank and the International Monetary Fund are based on realistic studies and warned recently of the bankruptcy of the Pension Fund in the coming years because of the government policies that have directed thousands of people to retire without paying," said Najiba Najib, a member of the parliamentary economic committee. Fund Membership ".

She added that "the fund's funds are collected through the participation of employees, which amounts to 7% of each employee in addition to that the government pays 15% of the funds paid by the Pension Fund," indicating that "pension funds of about 5 trillion dinars."

She pointed out that "the International Monetary Fund and the World Bank is asking the Iraqi government to check the retirees and reveal those who receive more than a salary."

http://economy-news.net/content.php?id=8349
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Post by Scotchie Mon Jul 24, 2017 2:02 pm

Iraq is broke.

Understand this.

This is why they are borrowing billions from the IMF

Iraq cannot revalue its currency to get out of debt.

Iraq will not have independence for years.

Sell your currency back if you are short of funds.

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