May 2023

Irak. IMF, National Board of Pensions discuss reform plans

The National Board of Pensions and the State Pension Fund discussed with the International Monetary Fund (IMF), in Amman, the administrative and financial reform plans of the National Board of Pensions, according to the Iraqi News Agency (INA). A statement issued by the National Board of Pensions mentioned that the IMF called for holding a meeting to discuss the progress made in retirement in Iraq and to review the plans of the National Board of Pensions in terms of administrative...

June 2020

Nationwide anger as Iraq announces pension cuts

Iraq is facing its worst economic crisis since 2003, worsened by the global drop in oil prices and the coronavirus pandemic. Mustafa al-Kadhimi’s government has proposed austerity measures, including capping the amount and number of state salaries and pensions people can receive. Many people rely on pensions and reparations from the government. Al Jazeera's Simona Foltyn reports from Baghdad, Iraq. Read more @Aljazeera