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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    Iraqi economic expert's (Basenyoz): The federal government will face difficulty in paying employees'

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280892
    Join date : 2012-12-21
    • Post n°1

    Iraqi economic expert's (Basenyoz): The federal government will face difficulty in paying employees' Empty Iraqi economic expert's (Basenyoz): The federal government will face difficulty in paying employees'

    Post by Rocky Tue 26 Apr 2016, 8:22 am

    Iraqi economic expert's (Basenyoz): The federal government will face difficulty in paying employees' salaries after next June




    Adding, resort to borrowing money from citizens, businesses and deposited in banks

    25/4/2016

    [You must be registered and logged in to see this image.]

    Iraqi economic expert's (Basenyoz): The federal government will face difficulty in paying employees' salaries after next June


    Iraqi economic expert asserted on Monday that the federal government will face difficulty in paying public sector employees and security forces' salaries a month after June next, stressing that the government will resort to borrowing money from citizens in banks in coordination with the Central Bank of Iraq.

    Said an economist and professor at Baghdad University Acanutormohamod Obeidi's (Basenyoz) that "most of the State-owned banks are working on fundraising for the financial deposits of capital from citizens and companies," stressing that "the citizen would face difficulty in withdrawing money deposited in banks due to borrowing from banks by Federal government. "

    He pointed out that "the federal government will have difficulty in providing liquidity to meet the employees' salaries and Waluvae obligations to the security forces now engaged in editing areas battles, which are still under the control of the organization Daash."

    Between this economist that "most citizens and businesses deposited their funds in state banks began withdrawing their assets from the banks for fear of government borrowing," pointing out that "the Iraqi state treasury almost empty of money circulating capital."

    Obeidi and that "the price of oil is witnessing a continuous decline puts forced the government fiscal austerity during this year", calling for "the General Secretariat of the Council of Ministers rely on sources of agriculture, industry and tourism substitute for the export of oil and financial revenue."

    For his part, he confirmed member of the committee of economy and investment parliamentary olive-Dulaimi's (Basenyoz) that "backed by central bank heads of big money the government banks, denying that there will be no financial bankruptcy of the government for the banks."

    She pointed out that "the state treasury has the financial ability to pay the salary of employees, including the staff of the Kurdistan region during this year."


    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sat 16 Nov 2024, 8:01 pm