11:53 - 09-27-2022
The drop in oil prices during the current period has raised concerns about securing government salaries in the future, in light of the government formation crisis that prevented the approval of the fiscal budget law for the current year.
A member of the Finance Committee, Jamal Cougar, said, "Oil prices fell a while ago to below $40, and employees were not affected," wondering, "Why are there fears due to prices dropping to $80 a barrel?"
He explained that "the salaries of the employees are fully insured and will be spent according to the 1/12 principle, in the event the budget is not approved," describing "expectations of the country's collapse due to the non-formation of the government as unrealistic and unacceptable."
He continued, "The Food Security Law held the government responsible for providing the job contract for a period of three years, and it falls on the shoulders of the Ministries of Finance and Planning, which will be concerned with preparing the instructions for the law," noting that "Parliament legislated this law and it was not challenged by the Federal Court, which means There is a possibility of enacting other laws similar to it.”
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