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Showing results for tags 'generations fund'.
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A proposal to suppor t the Generations Fund from the Kuwait war compensation funds after its end Time: 09/04/2021 15:12:38 Reading: 1,950 times {Economic: Al Furat News} The economic advisor in the Prime Minister's Office, Mazhar Muhammad Salih, disclosed today, Saturday, a proposal to support the Generations Fund after the end of the compensation paid by Iraq to Kuwait against the background of the invasion in 1990. Saleh said in a statement to {Euphrates News}: "We suggested that the funding of the Generations Fund be after the end of the compensation for the Kuwait war, which will end after 6 months from now." He added, "The transfer of compensation amounts to the fund, in our estimation, is the mechanism that will maintain a ratio of 3 to 5% paid to the Generation Fund through properly managed internal and external investments that are linked to the higher authorities of the executive or legislative authorities." Raghad Daham
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Iraq GENERATIONS FUND ... AN ALTERNATIVE PLAN TO CONFRONT POVERTY AND UNEMPLOYMENT Friday, May 28, 2021 12:05 PM Baghdad / National News Center The High Commission for Human Rights confirmed today, Friday, that the establishment of the Generations Fund is the solution to poverty, unemployment and begging in Iraq. "The establishment of the Generations Fund is the solution to address poverty, unemployment, begging and child labor," said a member of the Commission, Fadel Al-Gharawi, in a statement received by the National News Center. Al-Gharawi added, "The state has a legal obligation to guarantee the rights of individuals and to secure the rights of future generations to a decent life, an environment and a high level of well-being, education, health and other rights." He pointed out that "the high oil prices and the state's income from the money must be allocated directly to every citizen through the establishment of a bank account in the Generations Fund, as is the case in all the world in a way that ensures that his human dignity is not violated."