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Governmental Advisor: Central Bank Reserves Are Sufficient For 14 Months !


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3 hours ago, DinarThug said:


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Officially ... China announces a treatment for Corona and amazing results

 

Officially ... China announces a treatment for Corona and amazing results
 
 
03/20/2020 00:08:03
 
 
China announced Thursday that the drug approved Favipiravir approved in 2014 in Japan for influenza treatment, is an effective drug in eliminating the Corona virus.

 

And China explained that "clinical tests were conducted in the southern city of Shenzhen on 80 patients, the drug was tested on 35 people infected with the virus, and 45 others were put in custody and noticed without the drug."

She explained that "and by follow-up it was found that the group of patients who were treated with the drug was cured."

Yeah I don't think I would take any kind of drug from China right now.

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The member of the Finance explained the prosecution, that "other options the government may resort to among them are: studying the adjustment of the dollar exchange rate against the Iraqi dinar in the

CNN. Broadcasting Amongst The Bags Of Purina Camel Chow In The Stockpile Of The Central Bank’s Reserves !     LINK Governmental advisor: Central bank reserves are suf

LINK Despite international energy warnings, the central bank is able to secure salaries and cover debt       09:22 - 19/03/2020

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A former member calls on the government to take these steps to counter the collapse in oil prices

 

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17:15 - 21/03/2020
 
 

Masoud Haider, a former member of Parliament’s Finance Committee, revealed on Saturday several steps the government can take to overcome the financial crisis caused by low oil prices, warning that this crisis may affect the salaries of employees and state projects.

Haider told / information / that "the price of selling Iraqi oil if it falls to less than $ 30 a barrel, the government will not be able to cover salaries, and be forced to resort to borrowing," considering that "borrowing needs the approval of the parliament, which will not be easy."

He added, "The government can take advantage of the cash reserve in the central bank as it happened in the previous government to cover the budget deficit," noting that "austerity measures may be in the process ofimplementation related to the management of state institutions and the allocation of funds for projects."

The member of the Finance explained the prosecution, that "other options the government may resort to among them are: studying the adjustment of the dollar exchange rate against the Iraqi dinar in the central bank, which will lead to an increase in government revenues in dinars and reduces the import and encourages the local product."

He called for "investing this crisis in focusing on non-oil revenues (levies, taxes and customs) around which there are huge corruption suspicions, as they go up to 75% of them to the pockets of the corrupt and at different levels." 

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Iran announces drug to treat corona ... will be on the market within 10 days

 

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21st March, 2020


President of the Iranian Food and Drug Administration, Mohammad Reza Shanna Saz, announced today, Saturday, that Iran has produced a synthetic drug to treat the Corona virus that will be ready in the market within 10 days.

Saz said that Tehran was able to produce a drug to treat those infected with the Corona virus, and that this drug would be distributed in the markets within a week to ten days.Shanh Saz added that the medicine's raw materials were introduced yesterday to Iran, stressing that the process of producing the Iranian medicine has started in practice.

The Iranian official confirmed that the drug was tested on a number of patients, adding that he underwent a clinical test and obtained the necessary licenses. 

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The member of the Finance explained the prosecution, that "other options the government may resort to among them are: studying the adjustment of the dollar exchange rate against the Iraqi dinar in the central bank, which will lead to an increase in government revenues in dinars and reduces the import and encourages the local product."

 

Make the dinar great again.!

 

Go RV

Go ASAP

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A prominent representative in the Finance Committee reveals in numbers the secrets of the Iraq budget 2020: I expect the Iraqi state to disintegrate in its current form

 

Economy  ,   03/21/2020 16:20  

 

38808.jpg?watermark=4

 

Baghdad - Iraq today:

 

A prominent member of the Iraqi Parliamentary Finance Committee warned today, Friday, of the disintegration of the Iraqi state and the end of its existence as one of the horrific scenarios about the political and financial situation in Iraq, relying on the dangers of the catastrophes of the oil price collapse and debt inflation on the one hand and the crisis facing the Corona epidemic in Iraq and the world.

The prominent parliamentary official, who preferred not to be named, said in a lengthy dialogue: “The Iraqi government’s 2020 budget of 156 trillion Iraqi dinars… with a deficit of 50 billion US dollars | 55 trillion Iraqi dinars had been built on the basis of the difference in the price of an Iraqi barrel of oil, 54 US dollars - to produce 3 million and 800,000 barrels of oil per day, which means that the total received is 111 trillion Iraqis.

He added: “The main rulers are salaries, amounting to 53 trillion Iraqis - 48 billion dollars, operating expenses 72 trillion Iraqi dinars, with a total of 125 trillion Iraqis for operating and salaries.”

And he continued by saying: “If we assume the price of oil is $ 30, then it stabilizes at best, instead of the current price of $ 25 - the current price of oil is 50% less than the price of oil assumed by the budget, or even more - then $ 11 per barrel is deducted as an average production rate between fields In the Iraq oil agreement, with a deduction of another $ 5 per barrel, which is called the public debt service (IMF, international lenders, compensation and external and internal debt), a total of $ 16 is deducted from the price of oil per Iraqi barrel, regardless of the selling price.

He noted: “The Iraqi Sumo Company does not sell the price of a barrel on the basis of Brent crude in the market, but rather with lower price differences ranging from 3 to 7 dollars, and that the price of a barrel of Iraqi oil be deducted from it (- 20 to - 23 dollars).”

And he warned by saying: “The shocking numbers that we are talking about are not based on fiction, but rather from the papers before me in the Iraqi budget, which means that Iraq at the current price sells itself for free.”“The Iraqi state to those familiar with the financial committee know that it will collapse like this.” What do you think about the Corona pandemic virus attack and its global repercussions and their impact on Iraq?

He said: "Iraq will not be as it was before in the coming months, and the country is in the throes of a storm that this political class cannot handle now."

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1 hour ago, DinarThug said:

rather from the papers before me in the Iraqi budget, which means that Iraq at the current price sells itself for free

 

Iraq at the tipping point. Going, going, down goes Iraq.  

 

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3 hours ago, DinarThug said:

A prominent representative in the Finance Committee reveals in numbers the secrets of the Iraq budget 2020: I expect the Iraqi state to disintegrate in its current form

 

Economy  ,   03/21/2020 16:20  

 

38808.jpg?watermark=4

 

Baghdad - Iraq today:

 

A prominent member of the Iraqi Parliamentary Finance Committee warned today, Friday, of the disintegration of the Iraqi state and the end of its existence as one of the horrific scenarios about the political and financial situation in Iraq, relying on the dangers of the catastrophes of the oil price collapse and debt inflation on the one hand and the crisis facing the Corona epidemic in Iraq and the world.

The prominent parliamentary official, who preferred not to be named, said in a lengthy dialogue: “The Iraqi government’s 2020 budget of 156 trillion Iraqi dinars… with a deficit of 50 billion US dollars | 55 trillion Iraqi dinars had been built on the basis of the difference in the price of an Iraqi barrel of oil, 54 US dollars - to produce 3 million and 800,000 barrels of oil per day, which means that the total received is 111 trillion Iraqis.

He added: “The main rulers are salaries, amounting to 53 trillion Iraqis - 48 billion dollars, operating expenses 72 trillion Iraqi dinars, with a total of 125 trillion Iraqis for operating and salaries.”

And he continued by saying: “If we assume the price of oil is $ 30, then it stabilizes at best, instead of the current price of $ 25 - the current price of oil is 50% less than the price of oil assumed by the budget, or even more - then $ 11 per barrel is deducted as an average production rate between fields In the Iraq oil agreement, with a deduction of another $ 5 per barrel, which is called the public debt service (IMF, international lenders, compensation and external and internal debt), a total of $ 16 is deducted from the price of oil per Iraqi barrel, regardless of the selling price.

He noted: “The Iraqi Sumo Company does not sell the price of a barrel on the basis of Brent crude in the market, but rather with lower price differences ranging from 3 to 7 dollars, and that the price of a barrel of Iraqi oil be deducted from it (- 20 to - 23 dollars).”

And he warned by saying: “The shocking numbers that we are talking about are not based on fiction, but rather from the papers before me in the Iraqi budget, which means that Iraq at the current price sells itself for free.”“The Iraqi state to those familiar with the financial committee know that it will collapse like this.” What do you think about the Corona pandemic virus attack and its global repercussions and their impact on Iraq?

He said: "Iraq will not be as it was before in the coming months, and the country is in the throes of a storm that this political class cannot handle now."

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What Iraq does base their oil upon? I already know this answer as I have used those charts when talking about Iraqi oil not Brent crude. 

 

I have also been forewarned before this article coming out that due to the political turmoil and the exacerbation of the low price of oil that the powers higher up (above my paygrade like around OS bajillion, more of an expert on Iraq) do not see a rosy picture in Iraq's future. IF intervention is not done "soon" then the outcome might be the non-existence of an Iraq.  Meaning there will be no country called Iraq. Like I said before I will wait until the end of this year before reassessing this. Ramadan is coming up soon (April 24th - May 23rd) so there is nothing significant that will be done until June.  This is what I am hearing not what I am saying. 

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An economist explains the possibility of Iraq to maintain the dollar exchange rate

 

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09:05 - 22/03/2020
 
 

On Sunday, economist Dr. Safwan Qusai said that the central bank has reserves that enable it to maintain the dollar exchange rate for a certain period, pointing out that the demand will be greater on the dollar if the world cannot control the Corona virus in the second quarter of this year.

Qusai said in a statement to the "information", that "the monetary policy controls the exchange rate of the dollar and the banks were not affected by the operations of pumping Iraqi cash or foreign currency."

He added that "Iraq's revenues decreased due to the low price of oil, and it was possible to witness the inability of the Ministry of Finance and the Central Bank to finance the amount of dollars required in the local environment, but not for the current period."

And that "Iraq, in the event that there is no decline in the Corona virus in the second quarter of this year, it is possible that there will be an increase in the level of demand for the dollar in Iraq and the world."

He explained that "the dollar may be a safe haven for the world, especially with the drop in the price of shares due to the decline in the level of production, causing the decline in the level of profits and all things are declining except for gold, which is the least loss."

He stressed that "the central bank has reserves that enable it to maintain stability at dollar prices, but for a certain period." 

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Parliamentary finance calls on the Iraqi people to tighten belts on the stomachs due to the financial collapse

 

Parliamentary finance calls on the Iraqi people to tighten belts on the stomachs due to the financial collapse


Last updated: March 22, 2020 - 11:55 p

 Baghdad / Iraq News Network -

 

Member of the Parliamentary Finance Committee, Ahmed Hama Rashid, commented, on Sunday, on the continuing decline in oil prices in global markets, warning of the collapse of the financial situation in Iraq, especially since the latter depends primarily on the sale of oil.


Journalist, “The continuing collapse of world oil prices, state corruption, the imaginative benefits and benefits of senior officials, and the salaries of Rafha and the institutions of politicians and martyrs, foreshadow a financial catastrophe that casts a shadow on Iraq’s budget,” adding that “the next stage for the Iraqis will be very dangerous and they have to tie their belts to prepare for it.” 

He called for "the people of the Iraqi government Bmkashifh the facts and the extent of its ability to fulfill its financial obligations under the delay in approving the budget resolution of the file." 

The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Thursday 19 March 2020, the ability of Iraq to secure the salaries of employees and retirees and cover despite the great collapse in oil prices, while he indicated that prices will not remain at their current level. , We will be able to cover external debt and salaries, "stressing that" there is some concern but it is not acute. "He added," Oil prices will not remain at this level. " We do not expect it to rise much, but it is sufficient to secure the required amounts. ”Al-Alaq explained,“ Officials are still closely reviewing the draft 2020 budget, which is one of the largest Iraqi budget ever, which amounts to about 164 trillion dinars. ”

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This isn't our fault . . . someone else is to blame - we've done all that has been asked of us and more, says the government mouthpiece  Parliamentary Finance.

 

Suck it up, the global collapse will be here " in the coming Days." Don't expect any sunshine any time soon; this time the sky IS falling.

 

. . . and now back to your regularly scheduled crisis.

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Sunday 22nd March 2020 | 07:13 PM
 
 
Despite the crisis, the central bank tells parliament to secure all salaries for employees
 
 
 

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Baghdad / .. The deputy of the Alliance of Cyclists Abbas Alawi said, on Sunday, that the central bank informed the House of Representatives of securing all salaries of employees despite the current financial crisis, and that the financial crisis is controlled by the time being

Aliwi said in a press statement that "the President of the Central Bank informed the House of Representatives that the salaries of employees and all the financial obligations of the government are insured and controlled in light of the current financial crisis after the collapse of world oil prices," pointing out that "the decline in oil prices is controlled at the present time"

He added that "the House of Representatives will hold a session to discuss the deterioration of oil prices and the rise in the fiscal deficit in the 2020 budget after the lifting of the curfew in the health of the capital Baghdad and all of the country's provinces," noting that "Parliament will develop strategic solutions to avoid high deficits in the 2020 budget"

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Bloomberg: The collapse in oil prices is setting the stage for the erosion of Gulf financial reserves


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23rd March, 2020

 

The Bloomberg Economic News Agency reported that a drop in crude oil prices today threatens to erode the financial reserves accumulated by the Gulf countries during the past decades

This comes, after Saudi Arabia announced its intention to increase production to an average of 13 million barrels per day, next month, from an average of 9.8 million barrels currently, while the UAE announced its ability to increase production by one million barrels per day to 4 million barrels

The agency said that the price war led by Saudi Arabia against Russia will lead to the disappearance of two other oil producers, who cost them more than $ 10 per barrel, while the cost of producing a barrel in Saudi Arabia, for example, is $ 2.5

All the Gulf states have the ability to increase their oil production immediately, such as Kuwait, Bahrain and the Sultanate of Oman, and other countries such as Iraq, which currently produces 4.6 million barrels per day, and an actual capacity to produce 5 million barrels per day

"Bloomberg" considered that the excess of production is not a product of geopolitical factors, but rather the result of a mathematical calculation linked to low oil prices

In principle, these countries have an arsenal sufficient to go to war, as the cost of pumping one barrel of oil from the Gulf oil fields does not exceed the price of a bottle of luxury drinking water, according to Bloomberg

"Even in the worst case scenario, when crude oil prices drop to less than $ 10 a barrel, and as a result almost all of the oil sector incurs a financial loss, Gulf producers will continue to profit," she added

She pointed out that in order to deal with the repercussions of the crisis of falling prices, and with the possibility of declining demand for crude in the long run, the Gulf central banks have deposited huge amounts of money in sovereign funds, adding: "But in front of falling prices, these funds may erode Very quickly"

According to official data, all of the Gulf states, in addition to Iraq, lost the price of a barrel of oil in excess of $ 50 in their budget projects for 2020, with an expected deficit recorded, as Saudi Arabia needs a price of $ 80 a barrel to reach a zero budget, in which revenue is equal to expenses

An agreement to reduce oil production is being implemented by the coalition of major OPEC producers, independent and led by Russia, by 1.7 million barrels per day, which ends on March 31

And earlier this month, Russia rejected a new proposal from "OPEC", on deepening and extending the agreement to cut production until the end of 2020, with a total reduction of 3.2 million barrels per day, so that the countries of "OPEC" would be freed from production restrictions as of next April

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Parliamentary Finance: The global crisis, low oil prices are temporary, and employee salaries are insured for a full year

 
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2020/03/23 10:30

 

Baghdad / Obelisk:

 

Member of Parliamentary Finance Committee, Ahmed Al-Saffar, said on Monday, 23 March 2020, that the global crisis represented by low oil prices is temporary, confirming that the salaries of employees are insured for a full year because there is a financial surplus capable of securing them.

Al-Saffar said in a statement pursued by the "obelisk", that the global crisis represented by low oil prices is temporary and may not last more than a month or two at the most, noting that its causes are known and it is an outbreak of the Corona virus, in the world and its impact on large production plants in Japan and China. And Europe, which led to lower oil demand, and producers entering a price war and flooding the market with crude oil, which led to lower prices.

He indicated that the oil exporting countries do not bear more losses and could end the crisis during the next month or the next.

He continued that keeping oil prices at their current level will not harm Iraq, as it can pay the salaries of its employees for a whole year, from the surpluses of the 2019 budget for investments and many exchange doors in other ministries, in addition to that Iraq is a country that has a cash reserve in the central bank and may be resorted to internal reserves or External, in addition to methods related to monetary policy, open market operations, the interest rate, or the legal reserve of banks.

Al-Saffar hinted that Iraq could also resort to external borrowing in the event of an emergency and crisis after it banned it in last year's budget.

https://almasalah.com/ar/news/ 

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1 hour ago, DinarThug said:

He continued that keeping oil prices at their current level will not harm Iraq, as it can pay the salaries of its employees for a whole year, from the surpluses of the 2019 budget for investments and many exchange doors in other ministries, in addition to that Iraq is a country that has a cash reserve in the central bank and may be resorted to internal reserves or External, in addition to methods related to monetary policy, open market operations, the interest rate, or the legal reserve of banks.      I like the "in addition to methods related to monetary policy" part

Al-Saffar hinted that Iraq could also resort to external borrowing in the event of an emergency and crisis after it banned it in last year's budget.    External borrowing will only happen if you RV to show how your are moving your country forward by implementing the monetary policy. 

https://almasalah.com/ar/news/ 

 

My comments are in blue.  

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I remember reading a recent document from the IMF about several countries and Iraq being one of them. In the document, it had frowned on Iraq's reluctance to answer their financial woes with external borrowing of loans from the IMF. I cannot remember the paper and am trying to find it. When I do, I will post it. In the same paper, the IMF did state that making it more viable for investment to happen in Iraq is a key factor to building a robust fiscal framework. I viewed this statement from the IMF as a polite way as saying they are almost at their limit with Iraq's borrowing of external funds as Iraq needs to start seeking more ways for an internal fiscal solution rather than looking externally for their fiscal solution. There will come a day that the IMF is going to say to Iraq no more loans. When that day happens, coming sooner than later, Iraq is going to be in a world of hurt they have not seen before. The IMF has said, multiple times over and over, that Iraq needs to get away from the MCP. In other words, they need to rely less on the USD and more of their own currency. (AH! this reminded me of the paper).

 

In the IMF Policy Paper: Review of the Fund's Policy on Multiple Currency Practices: Initial Considerations dated June 2019 Paragraph 44 states:

Quote

44.  In staff’s assessment, MCPs generally did not address the fundamental reasons leading to the BOP pressures. In general, staff recognized the difficult policy trade-offs and implementation challenges typically faced by countries in these situations. In a few cases, they mentioned specific difficulties in avoiding MCPs, for instance due to international sanctions (Iran), or the need for securing foreign reserves to import socially important goods (Papua New Guinea), Nevertheless, staff often found that alternative policies could have been employed, including:


Fiscal consolidation and phasing out of monetary financing (Iraq, Myanmar, South Sudan).  

 

The paper is a long read but one worth noting as it pertains to Iraq and MCP practices in regards to Article XIV and IIIV.

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 IMF Policy Paper: Review of the Fund's Policy on Multiple Currency Practices: Initial Consideration Is a good read not just about the Articles I mention above but does go into depth on the reasoning why MCPs are frowned upon, how they hinder the country they are implemented in and revision to the 2% market rate that so many tout Iraq should be in in order to RV. What is noteworthy, the IMF states clearly within the paper that Iraq cannot have a MCP before acceptance to Article IIIV.  It goes into the history of MCPs since 1971 to 2017 and why the practice is frowned upon in general. BOP in case you are wondering is an acronym for Balance of Payment. The IMF states they see a negative correlation between a country adopting a MCP and making a BOP.

 

As to the regards of the fixed 2-percent rule the IMF staff recommended to the IMF Board of Directors the following 

Quote

With regard to the permissible spreads for spot transactions, Directors welcomed staff’s proposal to replace the current fixed two-percent rule with a country-specific market-based norm that would apply uniformly across the membership. They noted that the range between the most depreciated and most appreciated exchange rates in the wholesale market on a given day would be an appropriate benchmark that is sensitive to the level of market development and market conditions in each member country. Most Directors also agreed that a two-percent tolerance margin around the mid-point of this range would help avoid capturing insignificant deviations from the market norm, although a few Directors would have preferred a higher margin. Directors also supported the proposal to treat non-spot transactions in an analogous manner, using the methodologies proposed by staff. In terms of implementation, most Directors supported retaining the notion that a single breach should constitute an MCP, while a number of Directors called for some flexibility based on materiality considerations.

 

Edited by Theseus
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Corona may revitalize the Iraqi economy .. Baghdad is on the cusp of exemptions from foreign debt payments

 

2020-03-24
 
 
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Yassin Iraq: Baghdad

 

World Bank Group President David Malpas said on Monday that the bank may harness up to $ 150 billion in resources over the next 15 months to help developing countries fight and recover from the Corona virus pandemic, while calling on G20 leaders to allow the poorest to suspend all debt payments .

In a statement to the finance ministers and central bankers of the Group of Twenty countries issued by the World Bank, Malpas called the creditor countries in the group to allow the poorest countries to suspend all bilateral debt payments while fighting the virus.

He said the poorest countries should be allowed to focus their resources on health measures in the face of the crisis.

"I call on the leaders of the Group of Twenty to allow the poorest countries to suspend all official bilateral debt payments, until the World Bank and the International Monetary Fund have completed a comprehensive assessment of their needs for reconstruction and financing,"he said in the statement.

Malbas said that the bank is currently preparing projects in 49 countries to help fight the virus under a new fast-track credit facility, and decisions are expected this week on up to 16 projects.

He explained that the bank is consulting with China and other major countries to obtain assistance for the rapid industrialization and delivery of many of the medical supplies that countries need.

Iraq debt

A parliamentary committee in the Iraqi parliament revealed, at the end of last year, the foreign debts of Iraq, noting that it had reached the stage of the threat to the economic future.

Member of the Parliamentary Finance Committee, Ahmad al-Jubouri, told the official Al-Sabah newspaper that “the committee had previously suspended debt, especially foreign, in the 2019 budget, at a time when there is an obligation to continue debt as it was present during the war against ISIS gangs in the governorates of Nineveh, Anbar and Salah al-Din.”

He pointed out that "debts, especially foreign affairs, amounted to 125 billion dollars."

He warned that "its survival portends a danger to the economic future of Iraq," noting that "there are 20 paragraphs of debt that will be in the 2020 budget."

The International Monetary Fund said, last year, that Iraq’s debts worsened during the past years, where they were 6 years ago 73.1 billion dollars, and rose in 2014 to 75.2 billion dollars, and in 2015 they became 98.0 billion dollars, while two years ago it was 114.6 billion dollars, to rise In the year 2017 to $ 122.9 billion.

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10 minutes ago, jcav said:

Make them RV first to $3.50 


Forget The $3 Dollars - Even Weegie Says To Just Take The ‘Fitty Cent ! :o 

 

nintendo mario GIF

 

:D  :D  :D 

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Legal: Parliament is able to give families an emergency grant of 250,000 dinars

 

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18:03 - 24/03/2020
 
 

Legal expert Ali al-Tamimi confirmed, Tuesday, that the parliament has the right to vote on allocating 250,000 dinars to each family as an emergency grant in accordance with Article 59 of the Constitution.

Al-Tamimi said in a statement to "Information", that "Parliament can, under these circumstances, hold an extraordinary session to discuss the situation of workers with daily wages to take appropriate decisions regarding their wages." From the constitution. ”

He added that "that grant is distributed according to the ration card for a period of one or two months, until salvation from the Corona epidemic that has disrupted all workers," noting that "the money is allocated from the emergency budget and the initiative comes from the parliament or the President of the Republic."

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Parliamentary Finance: Delayed formation of the government will push Parliament to discuss the budgets of 2020 and 2021 in May

 

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18:20 - 3/24/2020
 
 

The Parliamentary Finance Committee expected, on Tuesday, that the formation of the government will be delayed until next May, which will overshadow the budget, noting that delaying its approval will force Parliament to discuss the budgets of 2020 and 2021 in May.

A member of the Finance Committee, Ahmed Hama, said to "The Information" that "the political dialogues indicate the delay in forming the government until next May, due to the absence of consensus between the political blocs."

He added that "the delay in forming the government will push the delay in passing the 2020 budget and may reach until the next May." He pointed out that "the Financial Management Law necessitates the completion of the budget discussion in May before the start of the new year, meaning its discussion about 7 months before the start of the new year."

He explained that "the delay in forming the government will make the parliament and the next government in embarrassment and force them the reason for discussing two budgets in next May, which are the budgets of 2020 and 2021.

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17 minutes ago, DinarThug said:

the delay in forming the government will make the parliament and the next government in embarrassment and force them the reason for discussing two budgets in next May, which are the budgets of 2020 and 2021.

What...like your not embarrassed already?🤔👍🇺🇸

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The card and master offices call for permission to pay employee salaries

 

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14:21 - 24/3/2020

 


The private outlets offices called the Card and Master Card, on Tuesday, the Crisis Cell, the Security Forces and the Baghdad Operations Command to allow it to distribute the salaries of state departments.

The offices demanded, in a statement it had seen / information /, to “give the matter the utmost importance and allow it to spend the employees’ salaries, especially since their work requires presence until the evening in light of the large numbers of employees who receive their salaries, and therefore the offices seek to help banks in the distribution process and not To create large gatherings in order to preserve the safety of citizens.”

The offices confirmed that "the process of withdrawing salaries from them would be an easier and more fluid way and the lack of crowds in the exchange process."


##########

 

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Ironing and mastercard offices invite security forces to allow them to pay employee salaries

 

Ironing and mastercard offices invite security forces to allow them to pay employee salaries
 
 
03/24/2020 14:19:22
 
 
The private outlets offices called the Card and Master Card crisis cell, security forces and Baghdad Operations Command to allow it to distribute the salaries of state departments’ employees.
 
The offices demanded in a statement that "the issue be given the utmost importance and allowed to carry out the salaries of employees, especially since their work requires presence until evening in light of the large numbers of employees who receive their salaries, and therefore the offices seek to help banks in the distribution process and not create large gatherings in order to preserve the safety of citizens".

She stressed that "the process of withdrawal of salaries by employees is easier high underbody and the lack of congestion in the exchange process."
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