Wednesday, November 1, 2023

Iraq Boosts Pensions Amid Financial and Social Challenges, 1 NOV

 Iraq Boosts Pensions Amid Financial and Social Challenges

In Iraq, a nation still healing from years of conflict and political instability, the government’s latest financial measures have stirred a mix of hope and skepticism among the population. The Ministry of Finance has recently announced an increase in pensions for both civilian and military retirees whose pensions fall below one million dinars. From November, these retirees will find an extra 100,000 dinars in their bank accounts, a gesture that mirrors Prime Minister’s commitment to supporting the retired population.

Delayed Payments and Unmet Promises

As the civilian retirees look forward to their increased pensions, the Kurdistan Regional Government (KRG) awaits a 700 billion Iraqi dinar package from Baghdad to cover public sector salaries. The agreement, however, is hanging by a thread. The promised funds are yet to arrive, and past delays have led to skepticism among the recipients. Earlier in September, the central government had sent 700 billion dinars to cover salary payments, but disagreements led to the cessation of the transfer. In response, the Iraqi government has now agreed to transfer a larger sum of 2.1 trillion dinars to cover the three months’ worth of unpaid salaries.

Education System Lacks Inclusivity

Amid these financial debates, a social issue silently simmers in Kurdistan. Schools in the region are reportedly hesitant to enroll children with autism, raising concerns about inclusivity and equal education opportunities. Despite the global push for inclusive education, the lack of provision and support for children with special needs in Kurdistan is a stark reminder of the systemic gaps that need to be addressed.

A Call for Effective Governance

These ongoing financial and social challenges underscore the importance of effective governance in Iraq. The nation is not only tasked with ensuring the timely disbursement of pensions and public sector salaries but also with fostering an inclusive education system. As Iraq navigates these issues, the focus rests on its ability to address the needs of its most vulnerable citizens – the retirees and individuals with disabilities. The steps it takes now will be crucial in shaping the nation’s journey towards stability and inclusivity.

https://bnn.network/world/iraq/iraq-boosts-pensions-amid-financial-and-social-challenges/

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