Parliamentary Finance: The government may reduce employee allocations
Parliamentary Finance: The government may reduce employee allocations
11/22/2020 10:49
[Baghdad-Where]
The Parliamentary Finance Committee revealed, on Sunday, that the budget for next year is very short and austere, and the government may resort to reducing employee allocations to fill the deficit in revenues.
Committee member Jamal Cougar said in a statement that “the budget will be devoid of appointments and projects, and in return it includes reforms within the white paper.”
Cougar predicted, “We will resort to reducing employee salaries allocations, in light of the continuing financial crisis, and the government will resort to activating collection, taxes and direct deduction from the currency auction.”
For its part, a member of the Parliamentary Finance Committee, Mahasin Hamdoun, explained that “the government and the Ministry of Finance did not have any plans to overcome the crisis and the solutions proposed by them were limited to borrowing only, and the government failed to maximize non-oil revenues in order to provide the financial liquidity it needs to pay salaries and other basic matters.” Next year. ”
She pointed out that “the government is not serious about providing treatments and has begun proactively to create panic among citizens that the first month of next year may not see salaries without borrowing.”
alliraqnews.com