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Prime Minister Philip Davis announced in a press statement yesterday evening that a rate increase for the National Insurance Board (NIB) will take place in July 2024, but did not reveal the amount of that increase. In the nearly 50 years since NIB was established, it has only had one increase and that was in
ILO has hailed the ‘ground-breaking’ reforms envisaged in the draft social protection law, which the Council of Ministers recently approved for referral to the Council of Oman.
If there is no increase in the National Insurance Board (NIB) contribution rate this year, the National Insurance Fund would lose $95 million, a Cabinet minister warned yesterday. Myles LaRoda, minister of state in the Office of the Prime Minister who has responsibility for NIB, said his intention is not to shock Bahamians, but there
DHAKA, May 31, 2022 (BSS0 - A delegation comprising leaders of apparel industry associations in Bangladesh held a meeting with Andr‚