Experts: Iraq loses 2.5 billion dollars a month due to holidays
Economy , 2022/11/20 18:02, number of readings: 387
The network of field Advisers estimated on Sunday that Iraq is losing about 2.5 billion dollars a month due to official holidays.
"Iraq is at the forefront of the countries that disrupt the official working hours of the private and public sectors on various national and religious occasions for various reasons," said Al-Shabaka member Qahtan Al-Hassu, noting that
"these holidays are causing a clear depression on the one hand,
and a significant decline in the educational level on the other,
not to mention the delay of several important projects in reconstruction and development. Al-Hassu added that
"some countries such as Sweden give nine days a year, while in Germany it is between 10 and 13 days depending on the state, and in Spain 14 days, while Jordan is off 15 days, and Egypt 16 days a year," pointing out that
"Iraqi events add sudden holidays often imposed by security, political or religious situations. He pointed out that
"economists estimated the losses of a vacation for an entire month by more than two and a half billion dollars, if the employee's salary rate is calculated at least 500 dollars per month depending on the number of employees in Iraq, 5 million employees in various sectors of the state, according to the readings of some competent research institutions. He explained that
"the abundance of official and unofficial religious holidays and events affects not only the economy, but affects all life facilities, especially study and scientific sobriety,
"assuming 52 weeks a year," including two days of each week off, so the total holidays on Fridays and Saturdays are 104 days a year, in addition to 18 official events, equivalent to 36 days off a year, counting the dropout of employees and students a day before or after the holiday. Al-Hasu pointed out that
"there is a system followed by Iraqis (between the two holidays) that is within the 18 days, and on this basis we are talking about more than (176) days off, knowing that they are holidays that do not include personal permits for illness, travel or childbirth, and apart from the days of religious events and others known as consensual, as the government declares the Eid holiday a full week to align with the two communities and their vision of the Crescent".