Manpower: Exchange 7 million to the pension beneficiaries of pensions Iraq early

[TBomb]

Manpower: Exchange 7 million to the pension beneficiaries of pensions Iraq early August

Wednesday, July 30th, 2014 - 13:26

Dr Nahed DECIMAL and Minister of Manpower and Immigration

Dr Nahed DECIMAL and Minister of Manpower and Immigration

Ashraf wrote Azzouz

 

 

Confirmed Dr. Nahed DECIMAL and Minister of Manpower and Immigration, that the first week of August will see the exchange rate is between 42 thousand to 100 thousand pounds almost pensions for about 62 Egyptians who had been working in Iraq 24 years ago after the outbreak of the Gulf War, and from 28 thousand to 77 thousand pounds, almost For the families of the deceased workers owed to the pension total of 7 million pounds.

She noted that the disbursement of these benefits will be for the owners, according to documents on the owner's function, and deserving of the heirs according to notify the genetics, the value of the "million dollars" by the Iraqi side, which converts it to Rafidain Bank in Dokki.

 

She continued the minister that these pensions were calculated until December 31, 2013, and that after that date from the first January 2014 will be disbursed pension beneficiaries, through the identity of the retired are extracted if they were alive, and is converted to pension beneficiaries after the death of the pensioner in accordance with Iraqi laws even If the reason for the demise of the exchange exceeded the legal age for cashed.

 

She explained that the disbursement of these pensions is the first batch, where the Iraqi side is currently reviewing the rest of the names of the beneficiaries through statements sent by the ministry on the "CD", and will convert the amounts owed to the second batch after the completion of data recipients.

 

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question from a friend:

 

WHERE IS THIS MONEY COMING FROM AT THIS TIME, IN A COUNTRY WITH LIQUIDITY PROBLEMS, ISSUING BONDS TO COVER PROJECT COSTS, NO BUDGET, AND NO SEATED GOV'T? 

[waterman13]

Good question TBomb.

Beats the **** out of me!

I have NO idea lately, of what the **** is going on.

Wm13

[sandfly]

THANKS