Abacus taps Iraq market for the development of Contribution Management System (CMS)

Abacus has secured its first strategic win in Iraq by signing a contract with World Bank under the umbrella program for Pension Reform Implementation Support Technical Assistance (PRISTA) for improving Old-Age income security in Iraq. The project aims at institutional strengthening of the State Pension Fund (SPF) operating under the Ministry of Finance.

Abacus has been engaged to provide strategic and tactical support to the SPF during the critical early phases of its institutional development. This project mainly comprised of IT and HR components and would specifically support the development, piloting and finalization of Contribution Management System (CMS) to be ready for roll-out to all SPF branches across Iraq. Through this project, AbacusConsulting will help SPF to build capacity, modernize and transform the pension delivery systems of the Government of Iraq.