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Finance seek to meet the accumulated debt of staff advances
22/08/2011
Confirmed near the launch control credit reporters
of Baghdad - and Wafa Amer
plans to the Ministry of Finance in coordination with the Rafidain and Rasheed, ministries and relevant departments, to find a mechanism to repay the accumulated debt of the predecessor employees spent during the last year, while expected to be finished controls predecessor reporters during a few days the next.
8****An official source at the Ministry of Finance's "morning," said the Rafidain and good connection with the completion of the re-Haclethma financial and subsequent clearing the balance sheets of two of the accumulated debt, noting that these debts represent what is left owed by ministries and departments of staff advances disbursed During the past year.**** He explained that many departments and ministries that have been lending their employees did not pay Mapzmtha of the debt which impact negatively on the financial cover of the banks, pointing out that there are a lot of employees left work or were laid off or has been dismissed by the payment of debt.***** and The source said the ministry is coordinating with a bank of good and Mesopotamia, ministries and departments that have not paid employees of debt and the process of finding a mechanism for payment and settlement of debt either deduct the required amounts of the budgets of ministries for the next year or bind these ministries to pay what Bzmtha from its own resources, that is resolving the file of this debt during the year current and to achieve this kind of liquidity to banks and thus enrich the system of payments the state and in line with the transformation of Iraqi banks to work on according to international standards. He touched the source in his speech to advance journalists that previously announced by the ministry, noting that Finance Minister Dr. Rafie al-Issawi instructed earlier to the bank Rivers to start lending to journalists worth five million dinars, like the staff of ministries and other departments, pointing out that the ministry and the Bank is developing mechanisms and controls within the legal framework which guarantees protect the funds of the bank, expected to be completed during the next few days and then release advances in coordination with the Union of Journalists .
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