2,052 Sweeteners 2020/10/02 19:02 ht
Baghdad Today – Baghdad
An informed source in the Ministry of Finance confirmed, on Friday, that the employees ’salaries for the month of September will be paid at the end of next week.
The source said in an interview with (Baghdad Today), “The Ministry of Finance has worked on transferring the revenues of some departments in addition to borrowing from the Central Bank to provide funds for the disbursement of salaries.”
He added, “The current month of October indicates a difficulty in distributing salaries, and the date of disbursement may be delayed until next November.”
The source explained that “the self-financing departments are surprised by the decision of the Ministry of Finance to stop the payment of their salaries and to include them with the central departments in the distribution mechanism, although it has its own funding and it is not among the central departments.”
On Monday, (September 28, 2020), the Ministry of Finance issued a statement regarding the provision of salaries for employees and their delays, while affirming its commitment to work to secure the salaries of employees and retirees and social care.
The ministry said in its statement, which it received (Baghdad Today), a copy of it that it “assures the honorable citizens that it is working diligently to ensure that all government obligations are fulfilled at their specified times, and on top of those obligations are the salaries of state employees, retirees and social welfare.”
The statement added: “It is no secret to the Iraqi public opinion that the ministry is making these efforts under exceptional circumstances and a financial crisis beyond the control of the government, represented by the sharp decline in oil imports, the Corona pandemic and its domestic and international effects, in a manner that exacerbated the shortage of liquidity available to the state, especially with the expansion Unplanned numbers of employees over the past year. ”
He continued: “To address this lack of financial liquidity, the Iraqi government sought to obtain parliamentary legislation that would enable it to borrow internally and externally, and the funds available through internal borrowing amounting to 15 trillion Iraqi dinars were used until the end of last month to finance salaries and meet other basic expenses, especially what It relates to health and security, while international loans are used to finance development projects. ”
The statement indicated that “the Ministry of Finance is currently preparing a detailed road map to finance basic expenditures for the remaining three months of the current year. We will present it soon to the esteemed parliament, and this plan will include increasing the ministry’s ability to borrow internally, and once approved, it will enable us to start.” By fully securing government salaries. ”
He explained that “the ministry is preparing for the 2021 budget draft in a manner that addresses the accumulated financial and economic challenges that burden the country,” noting that “the circumstances the country is currently going through stress the urgent need for political and societal forces to come together, and to work together responsibly to achieve security and stability.” And moving Iraq towards what its patient people deserve in terms of prosperity and development. ”