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Advisor to the Prime Minister: One of the current scenarios is giving salaries only with some necessary expenses DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Advisor to the Prime Minister: One of the current scenarios is giving salaries only with some necessary expenses

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Advisor to the Prime Minister: One of the current scenarios is giving salaries only with some necessary expenses Empty Advisor to the Prime Minister: One of the current scenarios is giving salaries only with some necessary expenses

Post by claud39 on Tue Apr 28, 2020 9:49 am

Advisor to the Prime Minister: One of the current scenarios is giving salaries only with some necessary expenses


04/28/2020



Advisor to the Prime Minister: One of the current scenarios is giving salaries only with some necessary expenses 20488





Economy News _ Baghdad

The financial advisor to the Prime Minister, Dr. Mazhar Muhammad Salih, confirmed on Tuesday that one of the current scenarios is to give salaries only with some necessary expenses such as medicine, noting that the country needs 54 trillion dinars during the next eight months.

Saleh said in a television interview followed by "The Economy News", that the deficit in the scenario closest to its implementation amounts to 34 trillion dinars, indicating that the number of those who receive salaries from the state is 8 million between employees and retirees, and 1.3 million have social welfare equivalent to 63 trillion dinars annually.

He added that the number of workers in the private sector amounts to 8 million workers who will be affected negatively after the decline in state revenues, and there are 2 million families who do not receive any income from the government. 

He pointed out that there is no decision to reduce salaries or compulsory savings at the present time.
He explained that the federal government represented by the Ministry of Finance must take its debts from telecommunications companies to contribute to filling the deficit in the budget, noting that Iraqi oil is sold at $ 15 currently in global markets.





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