WELCOME TO BONDLADYS CORNER...WE CARRY ON HER CUSTOM OF MAKING THIS SITE YOUR 24 HOUR A DAY IRAQ NEWS ARTICLE SOURCE

THANK YOU FOR YOUR CONTINUED SUPPORT OF OUR LADY.


You are not connected. Please login or register

Parliamentary Finance: The government may reduce employee allocations

Go down  Message [Page 1 of 1]

ikea


MEMBER
MEMBER
[You must be registered and logged in to see this link.]
Sunday 22 November 2020 | 09:51 in the morning | Views: 90


Parliamentary Finance: The government may reduce employee allocations

The House of Representatives is awaiting the government to send the 2021 budget bill, amid parliamentary calls to move away from the borrowing policy.

The Parliamentary Finance says: "Next year's budget is very short and austere, and the government may resort to reducing employee allocations to fill the deficit in revenues."

A member of the committee, Jamal Cougar, explained that the budget will be devoid of appointments and projects, and in return it includes reforms within the white paper.

And he expected to resort to reducing employee salaries allocations, in light of the continuing financial crisis, and the government will also 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 ยป.

She pointed out that "the government is not serious about providing treatments and has begun to proactively create panic among citizens that the first month of next year may not see salaries without borrowing."

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum