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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    A warning from “government accounts” regarding salaries in Kurdistan... Waiting for three and paying

    Rocky
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    salaries - A warning from “government accounts” regarding salaries in Kurdistan... Waiting for three and paying Empty A warning from “government accounts” regarding salaries in Kurdistan... Waiting for three and paying

    Post by Rocky Mon 18 Sep 2023, 4:25 am

    A warning from “government accounts” regarding salaries in Kurdistan... Waiting for three and paying for one
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    Baghdad today - Erbil 
    Kurdish writer and political analyst Adalat Abdullah warned today, Monday (September 18, 2023), against the Kurdistan Regional Government distributing a single salary to employees after the Federal Council of Ministers decided to send an amount to finance the salaries of Kurdistan Region employees.
    Abdullah said in an interview with “Baghdad Today” that “the employee in the Kurdistan region is expected to receive two salaries for the months of July and August, but the regional government has its own calculations in distributing salaries.”
    He added, "If the federal government has liquidity, the Kurdistan Regional Government should distribute the salaries of July and August. Otherwise, the employee in the region will have a reaction, because it is not reasonable for him to receive a single salary after 3 months of waiting."
    He pointed out that "the Ministry of Finance in the region is required to clarify the mechanism for paying the salaries of employees who have not received their salaries for three months and are waiting for it today to distribute those entitlements."
    Yesterday, Sunday (September 17, 2023), the Council of Ministers decided, during its thirty-eighth regular session headed by Muhammad Shiaa Al-Sudani, to lend more than two trillion dinars to the Kurdistan Regional Government, provided that it repays it in three installments of (700) billion dinars before taking its entitlement from the budget for the year 2024.
    A statement from the Prime Minister's Media Office, received by "Baghdad Today", said: Based on the positive mutual understandings between the federal government and the Iraqi Kurdistan Regional Government, and the agreement to proceed with the implementation of constitutional obligations and the content of the federal general budget law, in a way that guarantees the rights of all citizens of our country, and within the framework of completing the procedures. Audit and oversight that achieve transparency and credibility of the state’s revenues and expenditures, with the aim of providing financial liquidity to the Kurdistan Regional Government of Iraq, and enabling it to pay the salaries of employees, those covered by social welfare, and retirees until the Federal Ministry of Finance completes a settlement of what is owed by the region in implementation of the Federal General Budget Law for the years (2023, 2024, 2025). ; The Council of Ministers decided to amend its previous resolution No. (23500) of 2023 to be as follows:
    1. The Rafidain and Rasheed Banks and ( TBI ) will lend the Iraqi Kurdistan Regional Government an amount of two trillion and one hundred billion dinars for the current fiscal year, to be paid in three equal installments of (700) billion dinars for each installment, starting in the month of September.  
    2. The Federal Ministry of Finance will repay the loan amounts mentioned in Paragraph (1) above from the region’s allocations in the federal general budget for the fiscal year 2023, after settling what is owed. 
    3. In the event that the remainder of the region’s share is insufficient to repay the loan amounts in implementation of Paragraph (2) above, the Federal Ministry of Finance shall repay the aforementioned loan amounts from the region’s allocations in the federal budget for the fiscal year (2024), or from any other dues to the aforementioned banks, before... Pay any dues to the region. 
    4. The Ministry of Finance places a bank deposit with the aforementioned banks equal to the loan amounts of each of them, which is withdrawn after implementing the aforementioned paragraphs (2, 3). 
    5. The Federal Office of Financial Supervision, in coordination with the Office of Financial Supervision in the region, shall audit the numbers of employees and those covered by social welfare salaries and retirees in the region according to the lists submitted to the Federal Ministry of Finance and the amount of their salaries within a period not exceeding (30) days from the date of issuance of this decision. In accordance with the requirements set by the two aforementioned offices.
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