“Finance” indicates a delay in financing the salaries of Iraqi employees due to the lack of liquidity
“Finance” indicates a delay in financing the salaries of Iraqi employees due to the lack of liquidity
2024-08-17 06:24
Shafaq News/ Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, indicated on Saturday a delay in financing employees’ salaries, but he said that those salaries are secured as a balance with the government.
Al-Karawi added in an interview with Shafaq News Agency, “There is a delay in financing employees’ salaries due to the scarcity of cash, and this matter is clear because most ministries and state departments suffer from a delay in financing and disbursing their employees’ salaries.”
He explained that “some ministries and departments used to pay their employees’ salaries on the 16th and 18th of the month, but now they are delayed until the 26th. The reason for these ten days of delay is a problem in providing cash.”
Al-Karawi pointed out that “employee salaries are generally secured as a balance in the government, but the date of their financing will be delayed due to a shortage of financial cash.”
The member of the Finance Committee continued, saying, “According to the last meeting with the Minister of Finance, Taif Sami, she confirmed that the salaries of employees are secured for the current month of August.”
In recent months, employees in Iraq have complained about delaying their salaries until the end of the month, while they used to be paid between the 16th and 26th of each month.
The Iraqi government and the Finance Committee in the House of Representatives always confirm that the salaries of employees and retirees are secured even if oil prices fall below $70 per barrel.
shafaq.com
