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Parliamentary Finance unveils a proposal regarding employee leave and the difference in oil in the budget
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The Parliamentary Finance Committee revealed a proposal in the 2021 budget regarding leave for employees, while it indicated the price of a barrel of oil at $ 64 to meet expenses.
Committee member Majida Al-Tamimi said in an interview with the Iraqi News Agency and followed by "Al-Eqtisad News", that "the committee made an amendment to Article 27 first regarding employee leave, including submitting a proposal that an employee who has 5 years of actual rights is entitled to take the five-year leave with a nominal salary one time."
She added that "the proposal included calculating the leave for retirement purposes, provided that retirement pensions and all deductions be paid during his enjoyment of the leave," indicating that "the proposal includes the employee's entitlement to work in the private sector."
On the other hand, Al-Tamimi pointed out that "the deficit in the current year’s budget amounts to 28.6 trillion, which requires more than $ 19 billion to reach the break-even point between revenues and expenditures." Expenditures require an oil price of $ 64.
She pointed out that "Iraq has internal and external obligations and debts, indicating that" the increase in the price of oil for what is decided in the budget will cover the deficit in the budget.
Committee member Majida Al-Tamimi said in an interview with the Iraqi News Agency and followed by "Al-Eqtisad News", that "the committee made an amendment to Article 27 first regarding employee leave, including submitting a proposal that an employee who has 5 years of actual rights is entitled to take the five-year leave with a nominal salary one time."
She added that "the proposal included calculating the leave for retirement purposes, provided that retirement pensions and all deductions be paid during his enjoyment of the leave," indicating that "the proposal includes the employee's entitlement to work in the private sector."
On the other hand, Al-Tamimi pointed out that "the deficit in the current year’s budget amounts to 28.6 trillion, which requires more than $ 19 billion to reach the break-even point between revenues and expenditures." Expenditures require an oil price of $ 64.
She pointed out that "Iraq has internal and external obligations and debts, indicating that" the increase in the price of oil for what is decided in the budget will cover the deficit in the budget.
Earlier, the Parliamentary Finance Committee clarified that there is a possibility to change the price of a barrel of oil in the 2021 budget.
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