Parliamentary finance: 52 trillion dinars to cover salaries in 2020
The Parliamentary Finance Committee announced that Iraq spent 38 trillion dinars in [You must be registered and logged in to see this link.] for employees, while it would need 52 trillion dinars to cover employee [You must be registered and logged in to see this link.] in 2020.
The committee’s rapporteur, Ahmed Al-Saffar, said in a press statement: “The quantities of exported oil exceed what is planned in the budget, and therefore the difference in the exported quantities and the difference in prices specified in the budget will be used to cover the deficit and prepare a supplementary budget.”
He added: "The amount of oil specified for export in the budget amounted to 3 million and 800 thousand barrels per day, while the exported oil is more than this amount, which will provide large sums to Iraq that will be used to reduce the deficit rate in addition to a supplementary budget also."
He explained: "The salaries reached 38 trillion dinars last year, while in 2020 they will exceed 52 trillion dinars, while Iraq will proceed with a budget of 12/1 until the new budget is approved."
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