Parliamentary Finance: The bank’s reserves will be used to secure employees ’salaries until the end of 2020
Parliamentary Finance: The bank’s reserves will be used to secure employees ’salaries until the end of 2020
4/14/2020 18:47
[Baghdad-Where]
The Parliamentary Finance Committee announced, on Tuesday, the use of the reserves of the Central Bank of Iraq to secure the salaries of state employees until the end of this year.
Member of the Finance Committee Shirvan Mirza said, “Securing the salaries of state employees until the end of this year according to the low oil prices and without loans is an extremely difficult issue facing the current or transitional government that will be formed.”
He added that “the credit will be relied on by the Central Bank of Iraq to secure the salaries until December 2020″, noting that “the accreditation will be according to regulations determined by the Council of Ministers, including insurance of salaries only without any additional allocations, projects or other exchange funds for the ministries.
alliraqnews.com
