100 salary advances pending the cash to launch again
3/24/15
Baghdad-Iraq-Presse -24 March / March: Izzat parliamentary Finance Committee, on Tuesday, the predecessor of the 100 exchange stopped salary for state employees to the lack of financial liquidity.
The committee member said Jabbar al-Abadi, in a press statement, said that "the 100 salary advance stalled for lack of financial liquidity in the banks and this is what told by the Ministry of Finance after our inquiry about the reasons for them not to launch these advances."
He pointed out that "the ministry stressed that he check in the event of financial abundance general budget Vstqom release of these advances."
He Abadi to "the existence of a government headed in the granting of soft loans for small businesses," noting that "the government is one of the mechanisms put in how to support these projects and the amount of this support."
The Ministry of Finance confirmed earlier that stop advance the 100 salary and 5 million dinars comes as a result of the lack of liquidity for banks and need banks to regulatory procedures, said Undersecretary Fadel prophet that the return of the predecessor to the staff of the state depends on the provision of liquidity to the banking Rafidain and Rasheed.
Bivkr that the Ministry of Finance decided since 2008 and the bank through the Rafidain and Rasheed, in coordination with the ministries and government departments, grant advances and loans to employees different on only employee serving less than five years in accordance with the conditions and regulations specified for that, and that does not exceed the loan of 50 million and an interest rate of 8% to settled within ten Snoat.anthy (1)
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3/24/15
Baghdad-Iraq-Presse -24 March / March: Izzat parliamentary Finance Committee, on Tuesday, the predecessor of the 100 exchange stopped salary for state employees to the lack of financial liquidity.
The committee member said Jabbar al-Abadi, in a press statement, said that "the 100 salary advance stalled for lack of financial liquidity in the banks and this is what told by the Ministry of Finance after our inquiry about the reasons for them not to launch these advances."
He pointed out that "the ministry stressed that he check in the event of financial abundance general budget Vstqom release of these advances."
He Abadi to "the existence of a government headed in the granting of soft loans for small businesses," noting that "the government is one of the mechanisms put in how to support these projects and the amount of this support."
The Ministry of Finance confirmed earlier that stop advance the 100 salary and 5 million dinars comes as a result of the lack of liquidity for banks and need banks to regulatory procedures, said Undersecretary Fadel prophet that the return of the predecessor to the staff of the state depends on the provision of liquidity to the banking Rafidain and Rasheed.
Bivkr that the Ministry of Finance decided since 2008 and the bank through the Rafidain and Rasheed, in coordination with the ministries and government departments, grant advances and loans to employees different on only employee serving less than five years in accordance with the conditions and regulations specified for that, and that does not exceed the loan of 50 million and an interest rate of 8% to settled within ten Snoat.anthy (1)
[You must be registered and logged in to see this link.]