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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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    Parliamentary Finance: Securing Employee Salaries for the Years 2024-2025

    Rocky
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    Parliamentary Finance: Securing Employee Salaries for the Years 2024-2025 Empty Parliamentary Finance: Securing Employee Salaries for the Years 2024-2025

    Post by Rocky Mon 16 Sep 2024, 5:14 am

    Parliamentary Finance: Securing Employee Salaries for the Years 2024-2025

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    Economy News - Follow-up
    The Finance Committee of the House of Representatives is constantly following up on financial policies and ensuring economic stability in the country. With concerns rising about not securing employees’ salaries as a result of fluctuations in oil prices, the committee dispelled those concerns and confirmed its commitment to working with the government to ensure the stability of employees’ salaries for this year and next year.
    “What is being circulated in the media about not securing employees’ salaries is baseless,” said Jamal Koujar, a member of the Finance Committee, in an interview with “Al-Sabah” followed by “Al-Eqtisad News.” He explained that “the Ministry of Finance does not face any problem in securing salaries even if oil prices fall, because salaries are already secured, in addition to a large cash reserve that the government possesses, which it can benefit from in times of emergency.”
    He added that "next year's salaries are also fully secured," explaining that "the government has developed a plan to increase its financial resources, which will enhance its ability to meet its financial obligations towards employees," and pointed out that "the Finance Committee will work to pressure the various ministries to improve their performance and increase their resources, which will contribute to achieving greater economic stability."
    The MP explained that "the government has sufficient financial resources and plans to ensure the continuity of paying salaries, which reassures employees about the stability of their financial situation this year and next year."
    Koger revealed that "the Finance Committee is pressuring ministries to increase tax and collection resources," and this approach comes within the government's plan to reduce dependence on oil resources, in response to warnings from the International Monetary Fund, which called for the need to maximize non-oil resources to avoid future economic crises.
    Kocher said: "The Finance Committee will work to pressure ministries to increase their resources by improving collection," and pointed out that "Iraq, as a country with vast areas and great economic exploitation, is supposed to have greater tax revenues than other countries."
    He explained that "taxes and customs collection are among the main resources that should be enhanced," stressing that "these revenues will ultimately benefit the citizen," and pointed out that "the committee met with the General Authority of Customs and the Tax Authority to examine the reasons for the weak collection and discuss their plans to maximize resources."
    Koger also explained that “among the future plans is imposing a 15% tax on social media sites, as part of increasing revenues,” and he stressed that “the government is seriously moving towards implementing these measures to avoid financial crises.”



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