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Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Government financial advisor: We have not made any decision to reduce salaries or compulsory savings

rocky
rocky
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Prime - Government financial advisor: We have not made any decision to reduce salaries or compulsory savings Empty Government financial advisor: We have not made any decision to reduce salaries or compulsory savings

Post by rocky on Tue 28 Apr 2020, 6:05 am


Government financial advisor: We have not made any decision to reduce salaries or compulsory savings

12:25 - 04/28/2020



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Information / Baghdad ..
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Tuesday that the government has not taken any decision to reduce employee salaries or compulsory savings, indicating that 8 million workers in the private sector will be affected negatively after the decline in state revenues.
Saleh said in statements followed by / information / that "one of the current scenarios is to give salaries only with some necessary expenses such as medicine and we need 54 trillion dinars during the next eight months."
He added that "the deficit in the scenario closest to its implementation amounts to 34 trillion dinars. There is no decision to reduce salaries or compulsory savings."
He continued, “There are 4 million employees in [You must be registered and logged in to see this link.]  And 4 million retirees and 1.3 million have social welfare, all of whom earn 63 trillion dinars annually and that 8 million workers in the private sector will be affected negatively after the decline in state revenues, "noting that" Iraqi oil is sold at $ 15 currently and the Ministry of Finance should take its debts from telecommunications companies. " Ended 25


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rocky
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Prime - Government financial advisor: We have not made any decision to reduce salaries or compulsory savings Empty Advisor to the Prime Minister: One of the current scenarios is giving salaries only with some necess

Post by rocky on Tue 28 Apr 2020, 6:21 am

Advisor to the Prime Minister: One of the current scenarios is giving salaries only with some necessary expenses

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Economy News _ Baghdad
The financial advisor to the Prime Minister, Dr. Mazhar Muhammad Salih, confirmed on Tuesday that one of the current scenarios is to give salaries only with some necessary expenses such as medicine, noting that the country needs 54 trillion dinars during the next eight months.
Saleh said in a television interview followed by "The Economy News", that the deficit in the scenario closest to its implementation amounts to 34 trillion dinars, indicating that the number of those who receive salaries from the state is 8 million between employees and retirees, and 1.3 million have social welfare equivalent to 63 trillion dinars annually.
He added that the number of workers in the private sector amounts to 8 million workers who will be affected negatively after the decline in state revenues, and there are 2 million families who do not receive any income from the government. 
He pointed out that there is no decision to reduce salaries or compulsory savings at the present time.
He explained that the federal government represented by the Ministry of Finance must take its debts from telecommunications companies to contribute to filling the deficit in the budget, noting that Iraqi oil is sold at $ 15 currently in global markets.

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    Current date/time is Mon 30 Nov 2020, 6:03 am