Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


4 posters

    Parliamentary Finance: increase the salaries of employees will be retroactively after approving the

    Proven
    Proven
    Proven
    NNP TEAM
    NNP TEAM


    Posts : 1858
    Join date : 2012-12-21
    • Post n°1

    Parliamentary Finance: increase the salaries of employees will be retroactively after approving the Empty Parliamentary Finance: increase the salaries of employees will be retroactively after approving the

    Post by Proven Fri 27 Dec 2013, 9:27 am

    27/12/2013 13:50

    Parliamentary Finance: increase the salaries of employees will be retroactively after approving the budget
    Follow-up - and babysit -

    Said a member of the parliamentary Finance Committee Najeebeh Najib said the salary increase for employees will be retroactively after approving the budget in 2014.


    She said Najib said that "labor peace the new salary will be by early next year, which includes the tenth grade to fifth grade by 114%, noting that" The purpose of this increase is to help grades Alozfah minimum, and that the financial allocations for the implementation of this resolution is increased by two billion and 250 billion Iraqi dinars, which is included in the budget for the year 2014.


    It explained, "when what was approved going forward financial and published in the Official Gazette will be considered retroactive, then be all ministries and institutions covered by this increase with effect from the first of January, confirming the existence of an increase for retirees as well.


    The Cabinet decided earlier approval to raise the salaries of employees of the tenth grade to fifth grade 114% "and the increase will come into effect from the beginning of next year 2014 will be in accordance with the validity of the Council of Ministers stipulated in Law No. 22 for the year 2008."

    [You must be registered and logged in to see this link.]
    • Back to top
    Proven
    Proven
    Proven
    NNP TEAM
    NNP TEAM


    Posts : 1858
    Join date : 2012-12-21
    • Post n°2

    Parliamentary Finance: increase the salaries of employees will be retroactively after approving the Empty Re: Parliamentary Finance: increase the salaries of employees will be retroactively after approving the

    Post by Proven Fri 27 Dec 2013, 9:40 am


    In a previous article the IMF did not recommend salary increases because it would significantly increase inflation in Iraq.  If you recall, this salary increase was proposed back in 2010, but not funded and approved until 2014. 



    Since 80 percent of the population work for the government, this salary increase (as much as 114%) is going to significantly increase consumer spending and cause inflation. 
    • Back to top
    mochasmom
    mochasmom
    mochasmom
    Interacting Investor
    Interacting Investor


    Posts : 2993
    Join date : 2012-12-19
    • Post n°3

    Parliamentary Finance: increase the salaries of employees will be retroactively after approving the Empty Re: Parliamentary Finance: increase the salaries of employees will be retroactively after approving the

    Post by mochasmom Fri 27 Dec 2013, 10:25 am

    Unless they rv?
    • Back to top
    Screwball
    Screwball
    Screwball
    Interacting Investor
    Interacting Investor


    Posts : 3484
    Join date : 2012-12-19
    • Post n°4

    Parliamentary Finance: increase the salaries of employees will be retroactively after approving the Empty Re: Parliamentary Finance: increase the salaries of employees will be retroactively after approving the

    Post by Screwball Sat 28 Dec 2013, 5:10 pm

    Proven wrote:
    In a previous article the IMF did not recommend salary increases because it would significantly increase it flation in Iraq.  If you recall, this salary increase was proposed back in 2010, but not funded and approved until 2014. 



    Since 80 percent of the population work for the government, this salary increase (as much as 114%) is going to significantly increase consumer spending and cause inflation. 
    not to mention those that dont or cant work! social security benefits are gpoing to drive inflation through the roof and they will need to adjust their rate!
    • Back to top
    Screwball
    Screwball
    Screwball
    Interacting Investor
    Interacting Investor


    Posts : 3484
    Join date : 2012-12-19
    • Post n°5

    Parliamentary Finance: increase the salaries of employees will be retroactively after approving the Empty Re: Parliamentary Finance: increase the salaries of employees will be retroactively after approving the

    Post by Screwball Sat 28 Dec 2013, 5:12 pm

    correct! will need to make rate change to adjust for inflation! but they would have already done the sums!
    • Back to top
    day dreamer
    day dreamer
    day dreamer
    Interacting Investor
    Interacting Investor


    Posts : 3197
    Join date : 2012-12-19
    • Post n°6

    Parliamentary Finance: increase the salaries of employees will be retroactively after approving the Empty Re: Parliamentary Finance: increase the salaries of employees will be retroactively after approving the

    Post by day dreamer Sat 28 Dec 2013, 6:04 pm

    Financial: trillion dinars increased the salaries of State employees




    28/12/13 12: 00 am




    She disbursed retroactively as from next year after the adoption of the budget
    Baghdad – morning
    The parliamentary Finance Committee, emphasized that the increase in staff salaries will be issued retroactively after the adoption of the budget for the year 2014, financial allocations for these trillions and 250 billion Iraqi dinar, and is included in the General State budget.
    She is a member of the parliamentary Finance Committee najeeba Najib in a press statement that "the new salary scale will be early next year, which includes grades from 10th to fifth in varying proportions depending on the ratings, noting that" the purpose of this increase is to help jobs and the financial allocations for the implementation of this resolution is the amount of trillions and 250 billion Iraqi dinars are included under budget in 2014.
    She explained that "once the budget was approved and published in the Official Gazette will be a significant increase retroactively, and that all ministries and institutions covered by this increased binding to dispensing starting January, confirming an increase for retirees.
    The Cabinet had earlier decided to raise the salaries of the tenth grade to fifth grade varying according to seniority to apply from the beginning of next year 2014 will be in accordance with the validity of the Council of Ministers provided for in law No. 22 for the year 2008


    [You must be registered and logged in to see this link.]
    • Back to top
    Screwball
    Screwball
    Screwball
    Interacting Investor
    Interacting Investor


    Posts : 3484
    Join date : 2012-12-19
    • Post n°7

    Parliamentary Finance: increase the salaries of employees will be retroactively after approving the Empty Re: Parliamentary Finance: increase the salaries of employees will be retroactively after approving the

    Post by Screwball Sun 29 Dec 2013, 3:13 am

    Hey that's a serious increase!
    • Back to top
    Sponsored content

    Sponsored content


    • Post n°8

    Parliamentary Finance: increase the salaries of employees will be retroactively after approving the Empty Re: Parliamentary Finance: increase the salaries of employees will be retroactively after approving the

    Post by Sponsored content

    • Back to top
      Current date/time is Thu 19 Sep 2024, 2:25 pm