The imposition of the World Bank to Iraq to stop the appointments of three years in..
The imposition of the World Bank to Iraq to stop the appointments of three years in the public sector.
12/21/2015 0 Comments
The move is part of a package of measures necessary for Iraq to stick to address the economic situation which is witnessing a critical crisis due to falling oil prices, which depends upon Baghdad's economy. Coincided announcement of the measure with the receipt of Iraq to loan the World Bank, which was launched two days ago, and economic measures which will be accompanied by a package according to the dictates of international lending Abrtakul Bey activate the electricity tariff and to stop the appointments in the state for a period of 3 years. The protocol includes a series of measures imposed by the World Bank on the Iraqi government over the years 2015, 2016 and 2017. And it stipulates the need for measures to reduce associated gas flaring up to 2018, and the approval of the Cabinet on the electricity tariff approved in the cabinet, and implemented to reduce support and increase revenue. It also included a recruitment freeze in the public sector by not granting new functional degrees for 3 years with the exception of priority, such as health sectors, and the need to restructure public enterprises, and improve the competitive environment between government banks, and reduce public spending, by improving the social protection network efficiency and the exclusion of non-covered of them, and filter the information base of retirees who are not eligible to receive pensions, and approval of the Cabinet on the part of decision-making for the management of government investment that has been prepared in coordination between the Ministry of Planning and the World Bank's operations, and an order from the Council of Ministers to freeze the appointments in the public sector, and create a partition for the administration to public debt in the Ministry of Finance. The international financial institutions had asked previous governments to impose these measures and warned of economic collapse if it does not abide by previous governments are now headed by Allawi and al-Jaafari and Maliki not adhered to this warning.