Deputy calls for the inclusion of private sector employees pension security

Posted: October 22, 2011 in Iraqi Dinar/Politics

On: Sat 22/10/2011 14:45

Baghdad (news) .. I suggest a member of the economic and parliamentary deputy / coalition in Iraq / Qusay Fri inclusion of private sector employees social security pension for the purpose of encouraging work in this sector and its activation, stressing that the government is unable to provide jobs and jobs for all graduates and the unemployed in the state.

The Friday in a statement to the Agency (news) on Saturday: the government that the new system any person who works in the private sector includes social security pension in the future as applicable with the government employee to ease the state of the burden and provide more job opportunities for graduates and the unemployed, in addition to This initiative will contribute to activating the private sector and encourage action by leading to the advancement of the national economy.

He combined to: that the government can not provide jobs for all unemployed graduates and the fact that institutions and departments do not accommodate them, in addition to the general budget shall not encumber amounts over the fact that the operating budget is now greater than the investment.

He added Friday: The annual budget for the current of more than (112) billion and the deficit reached the limits of (25) billion dollars can not be loaded more money for salaries or for things other operational.

A member of the Economic Commission Parliamentary investment in Iraq is still weak and in need of investment projects by the private sector, pointing out that the shift from Iraq when the capitalist system to a market system and he signed many problems because of the absence of the economic policy of the country. The House of Representatives when it voted on the budget for 2011 of $ 81.9 billion dollar deficit of $ 13.3 billion is covered by the amounts retained from the previous year’s budget, borrowing internally and externally, while the operating expenses $ 56.4 billion, while the capital expenditures $ 25.4 billion on based on the rate of $ 76.5 per barrel of oil at a rate of 2.0002 million barrels a day, including 100 thousand barrels of Kurdistan.

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