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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    An expert reveals new indicators that will exacerbate the deficit in the 2023 budget

    Rocky
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    An expert reveals new indicators that will exacerbate the deficit in the 2023 budget Empty An expert reveals new indicators that will exacerbate the deficit in the 2023 budget

    Post by Rocky Tue 02 May 2023, 4:48 am

    An expert reveals new indicators that will exacerbate the deficit in the 2023 budget
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    Baghdad today - Baghdad
    Today, Tuesday, the economist revealed new indicators that will exacerbate the deficit in the 2023 budget.
    Al-Marsoumi said in a post he posted on Facebook, followed by (Baghdad Today), that "the continued suspension of Kurdistan's oil exports requires that Baghdad finance the salaries of the region's employees with half a billion dollars, or 650 billion dinars per month, which will exacerbate the 2023 budget deficit."
    Yesterday, Monday, a member of the Kurdistan Democratic Party, Wafaa Muhammad Karim, confirmed that the federal government is concerned with paying the salaries of employees in the region, after the region's oil exports stopped and the file was handed over to SOMO.
    Karim told (Baghdad Today) that "the region handed over the oil completely under the management of SOMO, and therefore it no longer possesses the full amount in order to pay the employees' salaries for the month of April."
    He added that "the region needs a monthly amount of 920 billion dinars to distribute the salaries of employees, retirees and social workers, and therefore, as a result of the cessation of oil exports, it will not be able to pay the salaries in full."
    Karim pointed out that "Baghdad will pay the amount of 400 billion dinars agreed upon in advance, and this amount is with the amounts in the Ministry of Finance, through which it will be able to pay salaries for the month of April, pending approval of the budget."
    Earlier, Prime Minister Muhammad Shia al-Sudani said, in an interview with a group of local media, that "the April 4 agreement with the Kurdistan Regional Government is an important agreement, and it regulates the relationship that we contributed to organizing through the contents that we put in the tripartite budget project."
    Al-Sudani explained that "it is the duty of the federal government to pay the salaries of employees, whether they are in the region or any governorate, and it is not an honor, and this is what the Council of Ministers is working on."
    And he noted during his speech that "the total percentage of the allocations of the Kurdistan region in the budget is still constant, which is 12.67, and it has not been changed."
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