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Special / 27 trillion dinars distributed salaries to employees and the state treasury empty
Baghdad-Iraq-Presse -22 March / March:
Parliamentary Finance Committee revealed, on Sunday, for the disposal of large amounts of money for the salaries of employees in government institutions month without interference to the state treasury.
Said committee member capable of Omar's / Iraq Press / "The state treasury completely free because of all the oil revenues are distributed by about direct salaried state employees," stressing the need "for the government to borrow from domestic and foreign banks to cope with the budget deficit."
He said Omar, said that "the information that you talk about the existence of a cash crisis in Iraq is totally incorrect." Adding that "the total Iraqi funds, banks and market up to 27 trillion dinars," describing those amounts to "the good that can be handled away from exposure to any crisis could hit the Iraqi economy."
And member of the Finance Committee expressed surprise at the "government procedures take cash in isolation from the House of Representatives, despite the latter is the regulator highest in the country."
He concluded by saying, "The central bank continuously issuing banknotes according studied plans to cover any shortfall could happen because of cases of damage in Alepeshkl traded currency, which guarantees not to increase inflation," .anthy (1)
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Baghdad-Iraq-Presse -22 March / March:
Parliamentary Finance Committee revealed, on Sunday, for the disposal of large amounts of money for the salaries of employees in government institutions month without interference to the state treasury.
Said committee member capable of Omar's / Iraq Press / "The state treasury completely free because of all the oil revenues are distributed by about direct salaried state employees," stressing the need "for the government to borrow from domestic and foreign banks to cope with the budget deficit."
He said Omar, said that "the information that you talk about the existence of a cash crisis in Iraq is totally incorrect." Adding that "the total Iraqi funds, banks and market up to 27 trillion dinars," describing those amounts to "the good that can be handled away from exposure to any crisis could hit the Iraqi economy."
And member of the Finance Committee expressed surprise at the "government procedures take cash in isolation from the House of Representatives, despite the latter is the regulator highest in the country."
He concluded by saying, "The central bank continuously issuing banknotes according studied plans to cover any shortfall could happen because of cases of damage in Alepeshkl traded currency, which guarantees not to increase inflation," .anthy (1)
[You must be registered and logged in to see this link.]
