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Finance: Al-Rafidain and Al-Rasheed will sign an agreement with Kurdistan to pay the salaries of its employees
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Baghdad today - Baghdad
The Ministry of Finance revealed, this evening, Tuesday (September 5, 2023), that Al-Rafidain and Al-Rashid Banks will sign an agreement with the Ministry of Finance in the Kurdistan Region to pay the salaries of the region’s employees.
And the Finance said in a statement received by “Baghdad Today”, that “based on the approval of the Council of Ministers, and in implementation of what was stated in 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 pay the salaries of the region's employees by guaranteeing a deposit submitted to the Federal Ministry of Finance, provided that it is settled from the region's dues after their commitment to the provisions of the budget law.
The Ministry of Finance affirmed its keenness to guarantee the financial rights of all citizens and employees in accordance with what is imposed by the stipulated controls and instructions. Accordingly, the federal government decided to disburse financial loans to the Kurdistan Regional Government as salaries for its employees. to it in the decision in question.
And she noted that it "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."
She pointed out 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 Council of Ministers of the Kurdistan Region will meet tomorrow, Wednesday, to discuss the issue of the salaries of the region's employees, and to send 500 billion dinars from Baghdad.
Yesterday, Monday, the spokesman for the regional government, Peshwa Hauramani, said, "The Kurdistan Council of Ministers will take its final decision in a session next Wednesday regarding Baghdad sending 500 billion dinars per month to the region (as a grant) to pay the salaries of employees."
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