IMF, National Board of Pensions discuss reform plans
The International Monetary Fund logo is seen during an IMF/World Bank spring meetings in Washington, U.S. Photo: Reuters
Baghdad (IraqiNews.com) – 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 and financial reform.
The meeting was attended by the director general of the National Board of Pensions, Maher Hussein Rashid, and the director general of the State Pension Fund, Haider Jassim Hamza, according to the statement.
Rashid reviewed the vision of the National Board of Pensions and the State Pension Fund, the strategic priorities during the coming years, and the significant issues and obstacles that need to be tackled, the statement clarified.
Representatives of the IMF expressed their satisfaction with the strategic priorities, which represent a clear road map that can be transformed into work programs with specific timelines to achieve financial sustainability, the statement added.