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Planning reveals a $ 40 trillion salary deficit and proposes several solutions DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Planning reveals a $ 40 trillion salary deficit and proposes several solutions

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Planning reveals a $ 40 trillion salary deficit and proposes several solutions Empty Planning reveals a $ 40 trillion salary deficit and proposes several solutions

Post by claud39 on Sun Apr 26, 2020 12:23 pm

Planning reveals a $ 40 trillion salary deficit and proposes several solutions


26/04/2020



Planning reveals a $ 40 trillion salary deficit and proposes several solutions %D8%A7%D9%84%D8%AA%D8%AE%D8%B7%D9%8A%D8%B74-696x522









Information / Baghdad ..

The Ministry of Planning confirmed, on Sunday, that the state has salaries of 70 trillion dinars, while oil revenues have achieved only 30 trillion dinars, indicating that Iraq will resort to internal and external loans to overcome this crisis.

"The economic and financial situation of the country is very difficult, but Iraq went through more difficult conditions than that in the year 2014 and surpassed it, even if the current crisis is a result of the Corona epidemic and the drop in oil prices," said Ministry of Planning undersecretary Maher Hammad in statements followed by the "information ".

Hammad added, "The government went to overcome this crisis with two reform paths (far and medium term), the first relates that the economy of Iraq should not remainLinked to the oil whose price is subject to fluctuations from time to time, and the medium-term track is to take quick measures, and the government is going in these two directions and there is a daily meeting and meeting and measures taken, because the magnitude of the problem is large ».

He explained, “Among the measures that have been taken is to pressure expenditures on all joints of the state in all its sectors and try to protect the fragile and poor layers of society and the private sector,” stressing that “the stage requires a unified decision and political will and a strong government to take decisions that contribute to reducing the amount of damage because the problem is great.” .

Hammad continued: “The issue of reducing the salaries of employees is very difficult for the state, and the government is trying not to resort to it and keep it out of mind, but a new salary structure must be made, as the state spends 70 trillion dinars on salaries, while oil revenues are only 30 trillion. Dinars, and it is not reasonable for the government to spend the revenues it enters into the salaries of employees, and to neglect the rest of society, given that the government has canceled the state’s expenses in all its joints ».

The Undersecretary of the Ministry of Planning revealed that «any decision will be issued; with it decisions will be issued to complement employees’ mitigation, including withholding loans, reducing state rents, reducing working hours and allowing the employee to work outside the official working hours », stressing that« the salaries of the current month have not been affected and that Iraq will also resort to internal and external loans to overcome this complex crisis. Ended / 25





https://www.almaalomah.com/2020/04/26/470636/
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