Parliamentary Finance: There is no share for the region from salaries if oil is not delivered, and an early date for approving the 2021 budget
Parliamentary Finance: There is no share for the region from salaries if oil is not delivered, and an early date for approving the 2021 budget
11/12/2020 15:04:18
(Baghdad: Al Furat News) A member of the Parliamentary Finance Committee, Ahmed Hama Rashid, announced today, Thursday, that the Kurdistan region’s non-compliance with the salary agreement in return for delivering oil does not have any share of salaries.
Rashid said in a statement to the Euphrates News Agency that “the fiscal deficit law has been approved,” noting that “if the region does not abide by the agreement on salaries in exchange for oil, it will not have any of the salaries.”
Rashid added, “There are reassurances regarding salaries for the end of the current year.”
He pointed out that “the date for approving the fiscal budget for 2021 is close and is likely to be approved in the month of December next,” noting that “without a budget, it is not possible for the loans to pass.”
It is noteworthy that the House of Representatives approved in a session held yesterday morning, Wednesday, and continued at dawn today, Thursday, the law of financing the fiscal deficit after the withdrawal of the representatives of the Kurdish blocs to reject the mechanism for determining the share of the Kurdistan region.
The law will allow the government to borrow to secure salaries and necessary expenses until the end of the year.
alforatnews.com
