Government financial advisor: We have not made any decision to reduce salaries or compulsory savings
12:25 - 04/28/2020
[You must be registered and logged in to see this link.]
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