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[size=36]Finance reveals the signing of an agreement with the Kurdistan Region Finance to pay the salaries of employees[/size]
Economy | 11:11 - 05/09/2023
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Baghdad - Mawazine News
The Ministry of Finance revealed the signing of an agreement with the Ministry of Finance in the Kurdistan Regional Government to pay the salaries of employees.
The ministry stated in a statement, a copy of which Mawazine News received, that "based on the approval of the Council of Ministers and in implementation of its decision No. (23500) in its session held on Sunday, September 3, 2023, the Rafidain and Al-Rasheed banks will sign the loan agreement with the Ministry of Finance in the Kurdistan region to bridge The salaries of the region's employees are guaranteed by a deposit submitted to the Federal Ministry of Finance, provided that they are settled from the region's dues after their commitment to the provisions of the budget law.
The statement added, "The Ministry of Finance is keen to guarantee the financial rights of all citizens and employees in accordance with what is imposed by the stipulated controls and instructions, and accordingly the federal government's decision to disburse financial loans to the Kurdistan Regional Government as salaries for its employees," stressing "the representative of the region to coordinate with the banks above for the purpose of signing a minister Finance in the Kurdistan Regional Government, the loan agreement referred to in the decision in question.
He pointed out that "the Ministry of Finance applies its procedures according to what was stated in the Federal General Budget Law No. 13 of 2023, including securing the financial rights of those who are entitled to it," stressing that "the government is keen to meet the requirements of employees in the Kurdistan region, and to implement financial reforms aimed at promoting economic growth." .
The ministry stated in a statement, a copy of which Mawazine News received, that "based on the approval of the Council of Ministers and in implementation of its decision No. (23500) in its session held on Sunday, September 3, 2023, the Rafidain and Al-Rasheed banks will sign the loan agreement with the Ministry of Finance in the Kurdistan region to bridge The salaries of the region's employees are guaranteed by a deposit submitted to the Federal Ministry of Finance, provided that they are settled from the region's dues after their commitment to the provisions of the budget law.
The statement added, "The Ministry of Finance is keen to guarantee the financial rights of all citizens and employees in accordance with what is imposed by the stipulated controls and instructions, and accordingly the federal government's decision to disburse financial loans to the Kurdistan Regional Government as salaries for its employees," stressing "the representative of the region to coordinate with the banks above for the purpose of signing a minister Finance in the Kurdistan Regional Government, the loan agreement referred to in the decision in question.
He pointed out that "the Ministry of Finance applies its procedures according to what was stated in the Federal General Budget Law No. 13 of 2023, including securing the financial rights of those who are entitled to it," stressing that "the government is keen to meet the requirements of employees in the Kurdistan region, and to implement financial reforms aimed at promoting economic growth." .
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