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Advisor to the Prime Minister: There will be no risk to salaries and the budget will be at two oil p

rocky
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Prime - Advisor to the Prime Minister: There will be no risk to salaries and the budget will be at two oil p Empty Advisor to the Prime Minister: There will be no risk to salaries and the budget will be at two oil p

Post by rocky on Sun 26 Apr 2020, 2:00 am

Advisor to the Prime Minister: There will be no risk to salaries and the budget will be at two oil prices

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{Baghdad: Al Furat News}. I exclude the Prime Minister’s advisor, Abdul Hussein Al-Hanin, from affecting employee salaries.
Al-Hanin said in a press statement, "Iraq is committed to all its financial obligations with international financial institutions, and there are understandings to deal with the crisis of declining oil prices and the Corona crisis, which is a global crisis not related to Iraq only, and unfortunately there are those who speak without knowing about incorrect numbers of Iraq's external debt. And, in fact, it is about $ 23 billion, and there are almost dead debts, as well as internal debt, which does not pose a sovereign threat to the Iraqi state. "
Al Hanin added that the budget team, in cooperation with the Finance Committee in the House of Representatives, addresses the problem of weak revenues due to the decline in oil prices, and there are procedures in rationalization and preventing waste, and I do not think that there is a serious risk threatening the payment of salaries in general, and there are proposals to stop the payment of loan installments that employees borrowed for a period Specific linked to the duration of the financial crisis. "
He explained, "The new budget model will be at two fixed prices for the first oil, covering all expenses that cannot be exceeded, the most important of which are salaries, medicines, and payment of farmers' dues after the success of the agricultural extension, and record records in agricultural production after applying the policy (support to production outputs) that led to the delivery of more than 5 Millions of tons of wheat, and a visit to rice production about 13 times, and the matter applies to other agricultural products, as Iraq returned grain after an absence of more than fifty years. "
And Al-Hanin said, "The second price of oil is mobile, and this will finance projects and deficits that will appear in the fixed part of the budget, as it is reliable that the deficit does not exceed 20 trillion dinars, which is a reasonable number and within the acceptable proportions with the size of the budget or the country's gross domestic product."
Ammar Al-Masoudi


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