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Advisor: The Government's Request To Borrow Is Due To The Expansion Of Salaries And Wages

rocky
rocky
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Advisor: The Government's Request To Borrow Is Due To The Expansion Of Salaries And Wages Empty Advisor: The Government's Request To Borrow Is Due To The Expansion Of Salaries And Wages

Post by rocky on Sun 25 Oct 2020, 8:44 am

Advisor: The Government's Request To Borrow Is Due To The Expansion Of Salaries And Wages
On October 25, 2020
[rtl]Al-Mustaqilla / - The economic expert attributed the appearance of Muhammad Saleh to the reason for the government's request to borrow ... to the remarkable expansion of operating expenses.[/rtl]
[rtl]He said in a press statement followed by Al-Independent: "Operating expenses have expanded significantly through the section of salaries, wages, retirement pensions and other payments, which represents an additional jump of not less than 15 billion dollars annually compared to the past few years."[/rtl]
[rtl]Muhammad Salih added: “The same public finances had received in the past years of the financial crisis foreign loans under the heading (budget support) that were spent on salaries immediately, and many salary payments were also withheld at the time for the areas that remained under the ISIS terrorist occupation, which generated pressure later on Appropriations of budgets for subsequent years after being freed from the filth of the occupier.[/rtl]
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[rtl]He stressed the difficulty of predicting whether parliament will approve the new borrowing law according to the current amount of 41 trillion dinars for the remaining three months, or will the amount reduce to ensure its passage.[/rtl]
[rtl]The House of Representatives formally received, in the middle of last week, a law to finance the fiscal deficit (borrowing) for the remaining months of the current year 2020.[/rtl]
[rtl]And finished in his session held yesterday the first reading of the bill.[/rtl]
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    Current date/time is Tue 01 Dec 2020, 3:40 pm