Expert: increase salaries without a balance between cash and goods will lead to inflation

Expert: increase salaries without a balance between cash and goods will lead to inflation

Thursday, August 29 / August 2013 14:40

without a balance between cash and goods will lead to inflation{Baghdad: Euphrates News} said economic expert, Ahmed al-Fatlawi, that the increase in salaries and give the fiscal privileges without a balance between liquidity pumped out and the goods available in the market, will lead to the introduction of the country the situation of recession and economic inflation, which results in damage deadly Iraqi economy.

He said Fatlawi told {Euphrates News} Thursday that “when you go towards giving financial privileges and salary increase, it is assumed that falls within the fiscal policy led by the government, and it must consider the balance between the Monetary Financial, which could be pumped and the goods and services that can be be available in the market, in order to find some kind of balance between the amount of Maydkh of money in the market and among Mamtoffer of goods and services, in order to Andkhal situation of recession, or depression, or a case of economic inflation, “stressing that” these cases lead to damage fatal of the Iraqi economy. ”

He explained, “There is legislation in the legal aspect of regulating a particular case, and thus The Council of Ministers is authorized in the details of what happened by the text is not entitled to be diligent in the text, unless minted text for details of the subject, and in this case are entitled to the Council of Ministers, including authorized him Article {80} of the Constitution, to issue regulations and instructions facilitating the implementation of laws, so the terms of reference of the Council of Ministers in and regulate certain financial aspects, whether related to staff salaries, the salary scale or others, which are usually issued under the regulations and instructions from the executive branch. ”

He Fatlawi that “granting land or privileges to employees or key officials and higher grades in the state, it falls within the procedural aspect, which enters the crucifixion terms of reference of the Council of Ministers, if we want to limit or raise Mavi part of this rule enters the framework of the Council of Ministers.”

He continued that “if we were in front of a legal text as a matter of salaries for the House of Representatives on the grounds that it نضمت under the legal texts, so it falls within the terms of reference of the House of Representatives, issuing legislation, but the Federal Court referred the submission of draft laws that have financial obligations to the government and has committed the House of Representatives you can come these projects through the Council of Ministers, hence those cases have a primary role cabinet to submit proposals or organize some cases through Systems Proposals laws or organize some cases through some of the regulations and instructions. ”

And approved by the Council of Ministers at its thirty-sixth regular in Baghdad last Tuesday under the chairmanship of Prime Minister Nuri al-Maliki on a proposal the General Secretariat of the Council of Ministers to raise the salaries of employees of grade ten to the fifth degree by 114% Class X to {4%} of the degree of the fifth ” , referring to the “It does not include the ministries and agencies with special laws, and the increase applied as of 01.01.2014,” explaining that “this increase was in accordance with the validity of the Council of Ministers stipulated in Law No. 22 of 2008.

He was a member of the Finance Committee representative, Faleh force has shown that the number of ministries government and state institutions will not include a decision to increase the salaries of employees being covered by the decision of the financial allocations of the Ministry of {oil, electricity and Higher Education and Scientific Research and Defense, Interior and Foreign Affairs and Office of Financial Supervision and the three presidencies and independent bodies that follow the law own }, noting that, the aim of the law to increase the salaries of employees to reduce disparities or equality between the salaries of employees in all ministries and state institutions. Over 8 m