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Jubouri: The government may cut salaries over the next two months if oil prices continued to decline


k98nights
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Jubouri: The government may cut salaries over the next two months if oil prices continued to decline
 
Thursday April 9, 2015 12:52
 
 
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Alsumaria News / Baghdad 


likely House Speaker Salim al-Jubouri , on Thursday, the government cut salaries over the next two months if it continues to lower oil prices, stressing that the situation inIraq worrying clearly, especially on the economic side. Jubouri said in an interview with the agency, Russia Today and seen Alsumaria News them that "Iraq is going through a difficult economic circumstance may see the next two months in the event of continued decline in oil prices or instability state of impasse," noting that "Iraq needs to be a clear program and a quick action from the government was affecting low salaries."

 
 

He Jubouri that "the economic crisis taking place in Iraq, which made ​​him think open economic prospects or agricultural non-oil, but until now, Iraq is still dependent on oil, and the economic crisis still going on in it," adding that "Iraq has an effort to address them may be forced to other measures with the help of countries to overcome the crisis, although the situation is worrying clearly, especially on the economic side. " The Minister of Finance has announced in a December 29, 2014 that he was directed to the Ministry of Electricity and the Secretariat of Baghdad and other other institutions for the collection of revenue from fares water, electricity, sanitation and hygiene, especially with low current year's budget with the continuing decline in world oil prices. The cabinet approved, in (December 23, 2014), the adoption of the draft general budget for the 2015 law, and reached Hjhma 123 trillion dinars and a deficit of $ 25 trillion, at a time of decreased prices Global oil to reach $ 56 per barrel after reaching to $ 115 per barrel in mid-2014.
 

 

http://www.alsumaria.tv/news/130417/%D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A-%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D9%82%D8%AF-%D8%AA%D8%AE%D9%81%D8%B6-%D8%A7%D9%84%D8%B1%D9%88%D8%A7%D8%AA%D8%A8-%D8%AE%D9%84%D8%A7%D9%84-%D8%A7%D9%84%D8%B4/ar

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-Dinar loosing value against the dollar

-Higher prices in goods and services

-Taxes

-Cut salaries

If the oil prices continue to decline... You should increase oil production .

I agree. Not to mention these guys in government make way too much money as it is. Oh, was I speaking about Iraq? No our US politicians. Make their salaries the same as military salaries.

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