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[size=45][size=41]An economist explains the conditions of the International Monetary Fund on Iraq regarding appointments[/size]
3 hours ago
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3 hours ago
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The economist, Safwan Qusay, explained the conditions of the International Monetary Fund on Iraq regarding new jobs and appointments, pointing out that the fund is guiding Iraq towards reducing public spending by 20 percent.
Qusai said in a press interview seen by “Takadam” that “the process of deletion and creation, according to the conditions of the International Monetary Fund on Iraq, is at the rate of 6 retirees for each new employee or job grade.”
He added, "The International Monetary Fund guides the direction of reducing public spending or reducing it, especially operational, by 20 percent, and when Iraq reduced the exchange rate by 20 percent, it provided an opportunity for the Ministry of Finance to achieve savings in terms of funds."
Qusai explained, “The appointments should be according to the ministry’s ability to sustain spending on this item, and what is meant by that is not only feeding salaries for the current year, but rather the continuity of that and the ability of the budget to continue securing salaries through successive appointments and work to activate the private sector to shift career momentum towards it.” Instead of increasing the demand for government appointments.
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