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Parliamentary finance excludes saving the salaries of employees ... and confirms: internal borrowing is the best solution
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The [url=https://www.thebaghdadpost.com/ar/Story/t/2065/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9 %D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9]Parliamentary Finance[/url] Committee announced that there are internal options away from external borrowing, while excluding the possibility of going to save employee salaries.
Head of the Committee, Deputy Haitham al-Jubouri, said in a press statement that "there are solutions that have been proposed by which foreign loans can be dispensed to bypass the stage of low oil prices," noting that "the ideas presented include activation of customs and the issue of collection, with the possibility of benefiting from the rounded accounts of some departments with Banks. "
He added, that "the current priority in going toward internal borrowing is that it is government money," stressing that there are ongoing meetings to find out the amount of money and decision-making, while ruling out the compulsory savings proposal for employee salaries.
He pointed out the necessity of not affecting the cash liquidity available to banks, especially since the economic movement in the country is dependent on it.
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Parliamentary finance excludes saving the salaries of employees ... and confirms: internal borrowing is the best solution
[size]The [url=https://www.thebaghdadpost.com/ar/Story/t/2065/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9 %D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9]Parliamentary Finance[/url] Committee announced that there are internal options away from external borrowing, while excluding the possibility of going to save employee salaries.
Head of the Committee, Deputy Haitham al-Jubouri, said in a press statement that "there are solutions that have been proposed by which foreign loans can be dispensed to bypass the stage of low oil prices," noting that "the ideas presented include activation of customs and the issue of collection, with the possibility of benefiting from the rounded accounts of some departments with Banks. "
He added, that "the current priority in going toward internal borrowing is that it is government money," stressing that there are ongoing meetings to find out the amount of money and decision-making, while ruling out the compulsory savings proposal for employee salaries.
He pointed out the necessity of not affecting the cash liquidity available to banks, especially since the economic movement in the country is dependent on it.
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