Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Iraqi banks are waiting for a notice to launch salaries within 24 hours


Recommended Posts

 
 
 20/26/2020 07:21:01
 

Shafak News / A source in the Ministry of Finance revealed on Sunday that government banks are awaiting a notice to release the salaries for the employees of the month of June.

The source said to Shafaq News, that the banks are waiting for a notification from the ministry to enter data on the electronic regulations and launch the salaries of state employees.

He added that it is hoped that the notice will reach the banks to launch and pay salaries within the next 24 hours.

Yesterday, Saturday, the Prime Minister, Mustafa Al-Kazemi, instructed the Ministry of Finance to expel the salaries of employees.

The Iraqi government is struggling to secure employee salaries and other operating expenses due to the collapse in oil prices due to the Corona pandemic, which has paralyzed large sectors of the world economy. The country relies on revenue from the sale of crude to finance 95 percent of the country's expenditures.

The Iraqi Finance Minister Ali Allawi, had told the French Press Agency, on Wednesday, that the Iraqi economy may face "shocks that it will not be able to address" unless reform measures are adopted in less than a year, stressing that 40 million Iraqis will have to They are subject to a tight austerity policy that may last for "two years".

Projections indicate that the Iraqi economy will face a 10 percent contraction during the year.

With one out of every five Iraqis receiving government aid, the bill becomes heavier for the country that depends on paying all its expenditures on oil sales revenue.

And at the beginning of this month, when pensions were deducted in the first steps of the government austerity policy, the protest was unanimous against Allawi and Prime Minister Mustafa Al-Kazemi, even within the parliament that is usually mandated to approve reforms, especially the fight against corruption that led to the evaporation of more than 450 billion Dollars of public money since 2003.

  • Like 2
  • Thanks 5
  • Upvote 5
Link to post
Share on other sites
 
Source:
 
112,638 views
 
 

Prime Minister Mustafa Al-Kazemi's office announced, on Saturday, that the latter issued a directive to the Ministry of Finance regarding the release of employee salaries, while stressing that it should not be delayed.

"The prime minister," Al-Kazemi's office said in a statement Mustafa Al-Kazemi Today he held a meeting with the Minister of Finance Ali Abdul Amir AllawiIndicating that he "directed the Ministry of Finance to quickly release the salaries of employees."
 
 
 
Al-Kazemi stressed that “the launch takes place without delay, and that the ministry work with all its capabilities to put the solutions that were discussed into practice,” noting that “the government apparatus continues to maximize non-oil revenues and find financial cover for employee salaries.”
 
Al-Kazimi stressed during the meeting that "the current financial crisis constitutes an opportunity to face the challenge of implementing financial and administrative reform, and that the government has resolved to proceed with this reform until it is positively reflected on economic development, and the provision of welfare and good management to all Iraqis."
 
  • Like 1
  • Upvote 2
Link to post
Share on other sites
Editing Date: 6/28/2020 20:46 • 68 times read
Parliamentary finance shows the fact that salaries are distributed every 40 days to employees
Ayna News - Baghdad

Member of Parliamentary Finance Committee MP Ahmad Mazhar al-Jubouri revealed on Sunday the fact that salaries are distributed every 40 days to state employees.

Al-Jubouri said in a press statement: "There is no truth in what is communicated by social media, as the conversation that is being circulated from time to time about the delay in distributing the salaries of state employees and making them every 40 days unofficial."

Al-Jubouri added, "The state is proceeding with distributing salaries according to the specified and normal timing, without any delay." He stressed that "the talk of delaying 40 days due to the financial crisis is incorrect and we deny it in detail and detail."

The social media had heavily circulated instructions about the intention to distribute salaries to state employees every 40 days.
  • Like 1
  • Upvote 1
Link to post
Share on other sites
28-06-2020 06:26 PM
image.php?token=8c1f88b386a4ea1a0c52d13e8071a0c7&c=5705435&size=
 


 

Baghdad / news

The Minister of Labor, Adel al-Rikabi, announced the release of social wage salaries to (12587) beneficiary families in Baghdad and the provinces representing the supplement to the third batch of the subsidy salaries previously launched by the ministry, calling on families to review the exchange outlets to receive the salaries of the subsidy.

General Director of Social Protection Hussein Ali said in a statement received by "Al-Akhbaria" that "these salaries were issued to families whose cards were closed."

The statement added: "The families headed by men reached and released their salaries within the appendix (7093), while the families headed by women reached (5494), bringing the total of divorced families to their salaries within the annex (12587)."

 
Link to post
Share on other sites

20200628_185247.jpeg

Prime Minister: The financial crisis is an opportunity to implement reform

Al-Kazemi instructs that the salaries of employees be paid on time, without delay

Baghdad - Time

 

Prime Minister Mustafa Al-Kazemi stressed that employees ’salaries should not be delayed, while the Finance Ministry was instructed to launch salaries and develop appropriate solutions to maximize non-oil revenues. Yesterday, the Ministry began covering salary allocations through banks in preparation for the disbursement of those entitled to them. The Prime Minister’s Office said in a statement received (Al-Zaman) yesterday that (Al-Kazemi instructed Finance Minister Ali Abdel Amir Allawi to quickly release the salaries of employees), stressing (the importance of the launch taking place without delay, and that the Ministry work with all its capabilities to put the solutions that were discussed into practice Noting that (the government apparatus continues to maximize non-oil revenues and find financial cover for employee salaries), indicating that (the current financial crisis constitutes an opportunity to meet the challenge of implementing financial and administrative reform, and that the government has resolved to proceed with this reform until it is reflected Positively on economic development, welfare provision and good governance for all Iraqis). And press reports had stated that the Finance Ministry directed the payment of employees' salaries for the current month, starting on Sunday. The reports quoted a source as saying that (yesterday, Sunday, the banks began distributing the employees ’salaries for the month of June, after the internal borrowing law was approved, and the authority was authorized to spend directly from the date of voting on the law). The ministry denied earlier, the delay in paying salaries to employees, while stressing that all salaries are insured. A statement by the Ministry stated that (some complaints were received by the Ministry regarding the delay in paying the salaries of employees, especially those of the Ministries of Education and Health and Diwaniya Governorate, and in this regard the Ministry would like to indicate that the salaries of all state employees are fully insured and there is no delay in their distribution), and added that (the Ministry funded All government institutions, including the ministries of education and health and the departments of Diwaniya governorate), pointed out that (the ministry continuously and on a daily basis on this issue and is keen that state employees receive their salaries as scheduled). Last Thursday, President of the Republic Barham Salih approved the domestic and foreign borrowing law to finance the fiscal deficit. Retirees and employees complain since the emergence of the Corona pandemic and the formation of the new government that their salaries are delayed from their scheduled dates without knowing the reasons for this, which affected their living conditions and the payment of rents, what caused that embarrassment due to this unknown delay.

  • Upvote 2
Link to post
Share on other sites

PUBLIC SECTOR SALARIES SHOULD BE DISTRIBUTED WITHOUT DELAY: IRAQI PM

28620202024292862020193056kazmy.jpeg
Iraqi Prime Minister Mustafa al-Kadhimi (File)

4 Hours ago 

https://nrttv.com/En/News.aspx?id=22153&MapID=2

SULAIMANI — Iraqi Prime Minister Mustafa al-Kadhimi on Saturday (June 27) directed the federal finance minister to distribute the salaries of public sector workers without resorting to any delays.

According to the prime minister’s media office, Kadhimi stressed the importance of ensuring that public servants be paid on time during a meeting with finance minister Ali Allawi.

He also said that the current situation represents an “opportunity to confront [Iraq’s] financial and administrative crisis” and accomplish economic reform.

(NRT Digital Media)

  • Like 2
  • Thanks 1
  • Upvote 1
Link to post
Share on other sites

The Finance Committee in the House of Representatives commented, on Sunday (28 June 2020), on delaying the payment of salaries of Iraqi state employees, despite the directive of Prime Minister Mustafa Al-Kazemi, to expedite its disbursement. Especially we in the House of Representatives have worked to expedite the passage of the internal and external borrowing law, for the purpose of expediting the issue of salary payment

Al-Saffar indicated that “upon the approval of the law, we have placed an important paragraph in it, which is that the law is in effect since its approval, without waiting for its publication in the official gazette.

Stressing that "the Iraqi government does not have any cash, for the purpose of disbursing the salaries of employees, without borrowing, and for this we hastily passed the law quickly.

The Prime Minister, Mustafa Al-Kazemi, directed yesterday evening Saturday to speed up the distribution of employees' salaries.

A statement issued by Al-Kazemi stated that “the Prime Minister, Mustafa Al-Kazemi, directed the Ministry of Finance quickly to release the employees’ salaries, during a meeting, on Saturday, with the Minister of Finance, Mr. Ali Abdul Amir Allawi. ”

 

The statement added that "Al-Kazemi stressed that the launch should take place without delay, and that the ministry work in its full capabilities to put the solutions that were discussed into implementation, and that the government apparatus is continuing to maximize non-oil revenues and find financial cover for employee salaries

 Post Views: 520
  • Thanks 2
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.



  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.