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Finance instructs banks to distribute employee salaries for the current month


yota691
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The county is releasing late last October dues

Finance instructs banks to distribute employee salaries for the current month

Baghdad - Time

Erbil - Farid Hassan

The Ministry of Finance released the salaries of employees in all government ministries and institutions for the month of December. The Ministry stated in a statement received (Al-Zaman) yesterday that (the Ministry of Finance has directed the Accounting Department to release the salaries of employees for the current month of December to all ministries of self and central finance), adding that (the Accounting Department has begun launching financing procedures for all ministries and entities not associated with a ministry to enable them to pay employees' salaries. For the month of December this year). Rasheed Bank announced that it will immediately raise the salaries of employees whose financing has reached the bank. The bank’s media office called in a brief statement (employees who will receive text messages will review its branches and exchange outlets in Baghdad and the governorates to receive their financial dues). Al-Rafidain Bank has also begun to distribute the salaries of employees for the current month. The media office of the banker said in a statement received (Al-Zaman) yesterday that (based on the directions of the Minister of Finance and with follow-up, management and supervision by the director general of the bank, the bank's branches in Baghdad and the governorates have begun to distribute the salaries of employees for the current month), and added that (the distribution will be according to the order and timing specified for each A department after the arrival of financing and its financial allocation, whether it is self-financing or central salaries, and raising its salaries without delay). In the region, the Kurdistan Ministry of Finance and Economy began paying the salaries of 17 independent ministries and bodies at one time. "We started distributing the salaries of last October to ministries, bodies and departments," the ministry said in a statement yesterday. This exchange is the first since the start of the protests in Sulaymaniyah province against the deteriorating economic situation and the delay in paying employees' salaries. The ministry confirmed that (the salaries of people with disabilities, the Supreme Judicial Council, the Office of Financial Supervision, Human Rights and Regions Commissions outside the Regional Administration, Environment, Investment and Integrity, the Elections Commission and the Mines Foundation will also be distributed). Due to the region's financial crisis, and the decline in oil revenues due to the outbreak of Corona virus). The regional government has been suffering from the problem of paying the salaries of state employees since Baghdad stopped paying them, last April, due to disagreements with Erbil over the management of oil wealth and the distribution of its revenues in addition to the revenues of the border crossings. Since the start of the crisis, salary disbursement schedules have not been organized in the region, which includes the governorates of Erbil and Sulaymaniyah. Dohuk and Halabja. The cut of salaries coincided with the decline in oil prices in global markets, which exacerbated the financial crisis in the region.

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