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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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    Loans and regional salaries: a story of waiting that dances on the strings of politics

    Rocky
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    • Post n°1

    Loans and regional salaries: a story of waiting that dances on the strings of politics Empty Loans and regional salaries: a story of waiting that dances on the strings of politics

    Post by Rocky Fri 05 Jan 2024, 2:50 pm

    [size=38]Loans and regional salaries: a story of waiting that dances on the strings of politics[/size]


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    January 5, 2024[You must be registered and logged in to see this link.]
    Baghdad/Al-Masala Al-Hadath: The financial crisis continues between the Kurdistan Region and the Baghdad government, as the salaries of the region’s employees are affected by disputes over the region’s share of oil revenues.
    The crisis has worsened recently, as the region's employees began to feel upset and frustrated due to not receiving their salaries, which led to protests and demonstrations in some Kurdish cities.
    The Kurdistan employee salaries crisis raises major political challenges, as it increases tensions between Baghdad and Erbil, and leads to further divisions between Kurdish political forces.
    Observers believe that the crisis may lead to the postponement of the upcoming parliamentary elections, as the Kurdish parties seek to put pressure on the central government to resolve the crisis before the elections are held.
    If salaries continue to be delayed, this may increase the level of anger and resentment among employees and their families, which could affect their vote in the elections.
    The feeling of frustration and dissatisfaction affects the participation of employees and their families in the elections, and this may be reflected in the electoral participation rate.
    The Kurdistan employee salaries crisis is negatively affecting the Iraqi economy as a whole, as the region loses significant revenues due to its inability to pay the salaries of its employees.
    It is estimated that the Kurdistan employee salaries crisis costs the central government more than $2.5 billion per month, money that could have been used to finance service and development projects throughout Iraq.
    The Kurdistan employee salaries crisis exacerbates social problems in the region, as it leads to increased unemployment and poverty, and higher crime rates.
    Observers believe that the crisis may lead to an increase in social tensions and to more migration from the region to other regions in Iraq.
    In an attempt to alleviate the crisis, proposals were made to lend the region 700 billion dinars to pay employee salaries. The head of the Kurdistan Islamic Union bloc, Jamal Kujar, submitted a request to Prime Minister Muhammad Shiaa al-Sudani to lend the Kurdistan region 700 billion dinars to pay employees’ salaries.
    While there has been no official response from the central government to this request, observers believe that Baghdad may consider this request, especially in light of the increasing popular pressure on the central government to address the crisis.
    The delivery of salaries to employees in the Kurdistan region of Iraq directly by the Baghdad government constitutes a sensitive issue related to many political, economic and historical factors.
    Previously, there were agreements between the federal government in Baghdad and the Kurdistan Regional Government regarding salary management.
    For its part, the Kurdistan Regional Government believes that handing over employee salaries to Baghdad is considered an interference in its sovereignty and internal policies. It also sees the need to continue to maintain financial flexibility that allows it to meet its own needs.
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