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Expert: increase salaries without balancing the cash and goods will lead to inflation
Thursday, 29th August 2013 14: 40 | PDF |
{Baghdad: Euphrates news} Economist, said Ahmed Fatlawi, increase salaries and giving financial privileges without balancing the liquidity pumped and the goods available in the market, to enter the country in recession and inflation, which caused fatal damage to the Iraqi economy.
He said Chen's {forat News} said on Thursday that "when you go in the direction of giving financial privileges, increase salaries, it is assumed that within the fiscal policy led by the Government, it should consider the balance between financial, monetary, which can be pumped and the goods and services that may be available in the market, to find some kind of balance between the amount of money in the market maidakh and mamtofer of goods and services, in order to landkhel the situation of a recession, or depression, or if inflation" "These cases lead to fatal damage to the economy."
"There is legislationOn the legal sideGoverning a particular situation, and therefore the Council of Ministers is not authorized in the details of what happened to the text, not entitled to strive in the text, if the text is silent on details of the topic, in this case the Council of Ministers are entitled to him by article {80} of the Constitution, issued regulations and instructions for facilitating the implementation of laws, of the terms of reference of the Council of Ministers and organizing some of the financial aspects, both for staff salaries, or salary or other, usually under the instruction of the Executive ".
Chen noted that "land grants or privileges for staff or VIP and senior officials in the State, within the procedural aspect, which is built into the terms of reference of the Council of Ministers, if we are to reduce or increase the base frame is best with the context of the Council of Ministers".
"If we were in front of a legal text as the salaries of Deputies as ndamt under legal provisions, so that it falls within the competence of Parliament, in enacting legislation, the Federal Court referred the draft laws with financial obligations on the Government and Parliament that the projects through the Council of Ministers, and that those cases be the primary role of the Council of Ministers to provide proposals or some cases through proposals of laws or regulation of some cases of Some regulations and instructions.
The Cabinet agreed at its thirty-sixth ordinary in Baghdad Tuesday chaired by Prime Minister Nouri Kamel al-Maliki on the proposal of the
General Secretariat of the Council of Ministers to raise the salaries of the tenth grade to fifth grade to 10th grade to 114% {4} for fifth grade", Noting that "does not include the ministries and bodies of laws, and increase effective 1/1/2014", explaining that "this increase came under the power of the Council of Ministers provided for in law No. 22 for the year 2008.
He was a member of the parliamentary Finance Committee, Faleh Sari has shown that the number of government ministries and State institutions will include the decision to increase the salaries of employees who are covered by the financial provisions of resolution {oil, electricity and higher education and scientific research, defence, Interior, Foreign Affairs and the Office of financial supervision and the three presidencies and the bodies that survive independently its own law }, Noting that the purpose of the law, increase staff salaries to reduce inequality or equality of salaries in all ministries and State institutions. Over 8 m
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