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The government is working with three alternatives in order to avoid the economic crisis and the payment of salaries

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therealbubbie

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Denied Economic Adviser to the Prime Minister Haider al-Abadi, on Wednesday, and there is no intention to undermine the salaries of employees and retirees, and stressed that the government is working with three lines as alternatives to avoid the current financial crisis, while calling an expert to shift from the dinar to foreign currency being a "real constraint" on economic activity Iraqi, and charged a member of the financial committee of parliamentary government, blamed for worsening the financial crisis and demanded not to take the consequences on citizens.
adviser Abadi: no intention to undermine the salaries of employees and
retirees, said the appearance of Mohammed Saleh, an economic advisor to the Prime Minister Haider al-Abadi, in a newspaper interview that "talk about the cut employees' salaries or laid off or give them compulsory leave just rumors, "denying that" the government has talked about the prejudice of those salaries.
"Saleh added," The government is working with three lines as alternatives to avoid the financial crisis faced by the country is currently estimated ensure payment of staff salaries, " noting that "the government is working hard to secure the needs of the fronts of the war against terrorism to liberate the land of Iraq as a job basis."
explained consultant Abadi, that "the army and the crowd and popular Peshmerga, they were able to restore 50% of the usurped land by Daash terrorist gangs, so they deserve a lot." , pointing out that the "government is responsible for the lives of four million and 500 thousand employees, and three million and 750 thousand retired, they are linked to government payments system, and it must do financial management to ensure the necessary financial sustainability by working hard day and night for the advancement of such grave responsibility."
The Prime Minister, Haider al-Abadi, denied on Tuesday (January 12, 2016), during the Cabinet meeting held in the province of Basra, "rumors" about the reduction of employees' salaries or give them leave or reduce their number, and accused "some people seeking to shuffle the cards and transmit rumors .
"Expert: should shift from the dinar to foreign currency being a real constraint on economic activity
for his part, said the economist Ahmed Rehn, in an interview that" the government will not have to cut employees' salaries or even reduced, because the central bank's reserves are sufficient to stroll things so the end of the current 2016, "noting that it" includes the general staff salaries and not parliamentarians, ministers and senior officials.
"felt Bureihi, that" the government problem lies being do not take the advice, "adding that" a lot of experts and specialists have repeatedly asserted that the problem lies in the currency management foreign, which constitute a real constraint on public finances, the first constraint on economic activity in Iraq.
"He said economic expert, that" the government has neglected this constraint (foreign currency) instead of take care of him at this stage ", calling on the government to" take note of the fact that the oil resource foreign currency intervention in Iraq, so the decline in prices leads to the problem of declining foreign currency volume in Iraq. "He continued Bureihi, that" the government wants to import and pay obligations abroad, and that the private sector is the other wants to import and invest abroad, which means there is an urgent need for currency foreign ", stressing that" the state should be transformed from the dinar to foreign currency and manages the Iraqi economy on this basis. "Knesset Finance: to withstand the government as a result of mistakes and not take the consequences on the citizens, said a member of the Parliamentary Finance Committee Majida al-Tamimi, in an interview, "The decline in oil prices impact in all exporting countries, not just Iraq," afterthought "but the problem of Iraq that depends on oil by 93 percent versus seven percent for other revenue." said Tamimi, that "the other exporting countries diversified income and development funds to invest oil revenues , and the accumulation of financial reserves enabled it to cope with the current crisis, "adding that" the current Iraqi government took office through September of 2014, ie at the beginning of the crisis, the collapse of oil prices, but did not make plans or programs to address them. "Sheasked a member of the Parliamentary Finance Committee," Why The government did not work to find alternatives for the development of the economic side and avoid the current deterioration, and why not do the customs tariff which legitimized by the House of Representatives since 2010, which would have saved them added resources law ", stressing the need to" government bearing results and do not make the citizen innocent pay the price for their mistakes. " The world oil prices fell more than 60 percent since the summer of 2014 the past, where fallen from about $ 120 a barrel then, to less than 34 dollars currently.




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