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[ltr]A member of the Finance Committee: Tomb Zebari for not paying salaries to employees accurate and true[/ltr]
[ltr][You must be registered and logged in to see this image.]BAGHDAD - Iraq Press - January 5: confirmed in the Parliamentary Finance Committee member, Tuesday, Finance Minister, Hoshyar Zebari's remarks, about the lack of salary payments in the event of continued low oil prices, adding that "Zebari's comments serious and real as the first official and most informed on the financial capacity of the Iraqi government, "he described.
He said a member of the Parliamentary Finance Committee, Ahmed Sarhan, that "the government is invited to move to secure through external borrowing for the existence of difficult choices in the face of the fiscal deficit employees' salaries, including non-salary exchange fully-sufficiency regardless part of it."
The Finance Minister, Hoshyar Zebari, guessed yesterday, Monday, the inability to staff the distribution of salaries for the month of April next year in the event of continued low oil prices, noting that there are other options to avoid it.
Zebari said in an interview, followed up / Iraq Press /, that "in the past year, we have succeeded in the distribution of salaries, but this year, according to estimates available to me, we have exposed to the problematic in the month of April may not be able to distribute the employees' salaries for that month," pointing that "this is a reality and that people should know."
Zebari said, "There are seven million people are paid salaries of Iraq's total population of 36 million," noting that "the total amount to be distributed from the monthly salaries of four billion dollars."
And on the procedures to be followed if the continued drop in oil prices, Zebari said, "There are several alternatives, including borrowing from international institutions a few of the benefits," adding that "Iraq has received a few days ago billion and $ 200 million from the World Bank." He said Zebari, that " The other option is how to raise the Iraqi dinar exchange rate, and although it choose the risk and could have repercussions, but we thought of not granting full salaries, and to keep some of our loans, and give a document that we will give money when the offer we have. "
Zebari said that "from the sale of oil and receipt of the money options in place in advance, in addition to raising the price of water, electricity and fuel service option but it is not easy, any government applied be subject to the reactions of the citizens," stressing that "economic decisions painful, but it is said that any economic decision if not, it is not a painful decision. "
Iraq has been an economic crisis for nearly a full year due to lower world oil prices, which led to the decision Tqhevh economic decisions to reduce expenses. Ended A.h
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