The appearance of Mohammed Saleh: the government unable to pay employees’ salaries for the next five years
The appearance of Mohammed Saleh: the government unable to pay employees’ salaries for the next five years
Published on: 09/23/15
BAGHDAD / Sky Press: stressed economic adviser to the prime minister appearance of Mohammed Saleh, Wednesday, that the salaries of employees and retirees are safe for the crisis plaguing the country, explaining the government’s ability to repay for 3, 5 or 7 years to come.
Saleh said in a statement seen by “Sky Press,” that “Iraq is a rich country and its resources sufficient to cover employees and retirees’ salaries and maintain vital projects such as electricity, water and sewage,” stressing that “the federal budget for the current year allowed the government to the temporary borrowing internally and externally to meet the deficit in the event of non-processed through revenue. ”
And Tmian employees and retirees that “the government unable to pay salaries for 3, 5 or 7 years to come,” pointing out that “the financial budget of the country will be in a stable position until the end of this December 2015″.
It is said that the House of Representatives passed last December the General Budget Law deficit estimated 25 billion dollars, while the government recently resorted, to put up a bank bonds worth 2 billion dollars in favor of the Ministry of Finance to sell to the public, and move the money supply among citizens.
skypressiq.net