Home
The government borrows billion dollars from the central bank to pay the salaries of staff
22/02/2015
Tomorrow Press / Baghdad: Ministry of Finance announced, Sunday, that the Council of Ministers face borrowing dollars from the central bank to fill the shortfall in staff salaries for the current month. An official source at the Ministry of Finance for "tomorrow Press", "The random in the financial statements contained of most ministries and departments not related to the Ministry and the provinces, led to a shortfall in staff salaries worth about one billion dollars. " He added that "the incoming data to the ministry by numerous staff and the size of the financial allocations large random Haúptha," adding, "and Rhode lot of books by ministries and government departments government indicating that there is a lack of financial allocations, particularly with regard to the office Balnthreyat and staff salaries. " The Council of Ministers discussed earlier complaints received by the time of a number of departments with respect to Bnicosat in financial allocations, and how to fill them in light of new financial policy of the government. The source explained "The Council of Ministers face borrow dollars from the central bank to fill the shortage of staff for the current month salaries," noting that "the financial inventories at the Central Bank would address any possible occurrence of financial crisis in the future." The parliamentary Finance Committee called on the Council of Ministers, Earlier, to take a more realistic measures to overcome the economic crisis in Iraq, one day after the disclosure of taking Cabinet's decision to grant the employees' salaries every 40 days instead of every 30 days, which caused a sensation among staff. The source confirmed Health the decision taken in the Cabinet, saying, "The decision is true, and amounted to a copy of the decision of the Ministry of Finance, which provides for commissioning programming staff salaries every 40 days, but the Council amended its decision in its past." He added that "the recent guidelines suggest the possibility of using such this policy as necessary, due to the lack of financial liquidity, and lack of improvement in oil prices.
[You must be registered and logged in to see this link.]
22/02/2015
Tomorrow Press / Baghdad: Ministry of Finance announced, Sunday, that the Council of Ministers face borrowing dollars from the central bank to fill the shortfall in staff salaries for the current month. An official source at the Ministry of Finance for "tomorrow Press", "The random in the financial statements contained of most ministries and departments not related to the Ministry and the provinces, led to a shortfall in staff salaries worth about one billion dollars. " He added that "the incoming data to the ministry by numerous staff and the size of the financial allocations large random Haúptha," adding, "and Rhode lot of books by ministries and government departments government indicating that there is a lack of financial allocations, particularly with regard to the office Balnthreyat and staff salaries. " The Council of Ministers discussed earlier complaints received by the time of a number of departments with respect to Bnicosat in financial allocations, and how to fill them in light of new financial policy of the government. The source explained "The Council of Ministers face borrow dollars from the central bank to fill the shortage of staff for the current month salaries," noting that "the financial inventories at the Central Bank would address any possible occurrence of financial crisis in the future." The parliamentary Finance Committee called on the Council of Ministers, Earlier, to take a more realistic measures to overcome the economic crisis in Iraq, one day after the disclosure of taking Cabinet's decision to grant the employees' salaries every 40 days instead of every 30 days, which caused a sensation among staff. The source confirmed Health the decision taken in the Cabinet, saying, "The decision is true, and amounted to a copy of the decision of the Ministry of Finance, which provides for commissioning programming staff salaries every 40 days, but the Council amended its decision in its past." He added that "the recent guidelines suggest the possibility of using such this policy as necessary, due to the lack of financial liquidity, and lack of improvement in oil prices.
[You must be registered and logged in to see this link.]
