Parliamentary Finance reveals the reason for the late June salaries and expects the date for disbursement

Parliamentary Finance reveals the reason for the late June salaries and expects the date for disbursement

1/7/202 16:33

Parliamentary Finance reveals the reason for the late June salaries and expects the date for disbursement[Baghdad-Ain]
A member of the Parliamentary Finance Committee, Ahmed Hama Rashid, revealed the reason for the delay in the government’s payment of employees ’salaries for the month of June.
Rashid said in a press statement that “the reason for the delay in the payment of salaries in the month of June is due to the delay in approving the borrowing law that was made a few days ago by the House of Representatives and the second reason is the scarcity of oil and non-oil revenues that are not sufficient to cover salaries.”
He added, “Some salaries will be delayed, while ministries can start distributing salaries soon,” noting that “even the parliament did not receive the salaries of members.”
Rashid expected that “the payment of salaries will take place next week.”
For his part, member of the Finance Committee, Adnan Al-Zrafi, said, “The salaries of the employees will be launched by the Ministry of Finance during the coming days after the completion of transferring the procedures for transferring cash from hard currency to Iraq.”
And that “the reason for delaying the payment of salaries is due to the procedures for the currency conversion period and not to transfer the salary payment every forty days as is rumored.”
The decision of the Parliamentary Finance Committee, Ahmed Al-Saffar, confirmed in a press statement yesterday, Tuesday, that the government’s financial liquidity to pay the employees salaries is available.
The reporter of the committee said in a press statement, “The law of domestic and external borrowing became effective after the approval of the law by the Presidency of the Republic,” noting that “the financial liquidity is available to the government to pay the salaries of employees.”
He added that “the government has formally directed the Ministry of Finance to expedite the payment of employees’ salaries, but we do not know the reason for the ministry’s delay in paying the salaries of employees,” expecting to pay their salaries during the next few days.
The House of Representatives, passed last Wednesday, a draft law that allows the government to borrow internally and externally to cover the country’s fiscal deficit.
The government submitted the bill, which includes external borrowing worth $ 5 billion, and an internal amount of 15 trillion dinars to cover the country’s fiscal deficit.

alliraqnews.com