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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

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Officials talk about employee salaries

rocky
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Officials talk about employee salaries Empty Officials talk about employee salaries

Post by rocky Sun 26 Apr 2020 - 1:12


[size=35][size=35]Officials talk about employee salaries

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Economie

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2020-04-26 | 01:31
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[size=18]Parliamentary and legal authorities reiterated their categorical rejection of any interference with the salaries of employees against the background of low oil prices, while the Finance Committee in the House of Representatives proposed three ways to provide these salaries during the coming months, and the government assured that any reduction of the employees ’price will be reduced.


"The first and easiest way to secure salaries is to resort to temporary treasury bonds (treasury bills) by placing bonds on the central bank, banks and private companies," said member of the Parliamentary Finance Committee Ahmed al-Saffar in a statement to Al-Sabah.






 
He added, “One way is to move away from unnecessary spending, and focus on providing funds to pay salaries by collecting surpluses from a number of ministries that are completely discontinued from investment projects.”
 
On the other hand, Undersecretary of the Ministry of Planning, Maher Hammad, told Al-Sabah that “the economic and financial situation of the country is very difficult, but Iraq went through more difficult conditions in that year in 2014 and bypassed it, even if the current crisis is a combination of the Corona epidemic and the decline in the price of oil,” To overcome this crisis with two reformist tracks. 
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"The issue of reducing the salaries of employees is very difficult for the state, and the government is trying not to resort to it and keep it out of mind," Hamad added.
 
In a related context, the advisor to the Prime Minister, Abdul Hussein Al-Hanin, confirmed to Al-Sabah that Iraq is “committed to all its financial obligations with international financial institutions, and there are understandings to deal with the crisis of the decline in oil prices and the Corona crisis.”
 
"There are measures to rationalize and prevent waste," said the Prime Minister's advisor, pointing out, "I do not think there is a serious risk to pay salaries in general."
 
For his part, legal expert, Tariq Harb, explained that "the government cannot prejudice the salaries of employees unless there is a law."
 
Harb told Al-Sabah, "Unless a law is passed by the House of Representatives, the government may not reduce salaries, but it is presented to Parliament."


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