Labor Announces Next Sunday as the Date for the Disbursement of Salaries of 367,400 Households in the Whole of Iraq

[zaborniake]

Labor Announces Next Sunday as the Date for the Disbursement of Salaries of 367,400 Households in the Whole of Iraq

April 8th, 2011 12:27 pm · Posted in NEWS (Iraq & World Currency) Editor: MN | OK Friday, 2008 2011 15:07 GMT

The Ministry of Labour and Social Affairs, said Friday that next Sunday will see the distribution of salaries of the beneficiaries of the nationals of social, who are more of 367 thousand families in the whole of Iraq, as confirmed that the distribution is limited to men, she pointed out that the beneficiaries Baghdad province will receive all their entitlements during the current year and the year past 2010.

The Minister of Labour and Social Affairs Nassar al-Rubaie said in an interview for “Alsumaria News”, “Iraq banks across the country will regardless salaries of the beneficiaries of the subjects of social and its 367 thousand and 400 beneficiary families in the whole of Iraq,” noting that “the exchange is limited to males only.”

Rubaie added that “the delivery will be based on the smart card, and the small proportion who have neither the smart card can be obtained during the salary they receive from banks, and they Aetjuzun 5% of the number of beneficiaries.”

Rubaie confirmed that he “will pay the salaries of beneficiaries of the capital Baghdad for three months, as well as the entitlements of the past year 2010,” noting that “the rest of the provinces will only exchange receivables for the year 2011, either the rest of the dues will be spent after the completion of closing accounts and opening new accounts is related to the Ministry of Finance through coordination with our ministry. “

The Ministry of Labour and Social Affairs of Iraq confirmed on Friday, and there are more than 8500 families benefiting from social welfare network in the province of Nineveh, has been reserved in the salaries of 40 thousand families because of fraud in the medical reports submitted.

The governor of Nineveh Liberation of Iraq carrying, on Friday, Ministry of Labour and Social Affairs responsible for delayed payment of salaries of the beneficiaries of social protection network for more than a year and the 43 thousand beneficiaries, accusing the ministry of “procrastination and lack of cooperation” in order to find effective solutions to this issue.

Nineveh province has seen, over the past weeks a number of demonstrations to demand subsidies, regardless of social protection network.

The Ministry of Labour and Social Affairs has started the end of 2005, the application program of social protection network, which gives subsidies of minimum 50 thousand Iraqi dinars per month, with a maximum rate of 150 thousand dinars per month, and distributed in several sectors of society such as the elderly, widows, orphans, divorced and unemployed.

The program of social protection network in the province of Nineveh and its city of Mosul, about 405 km north of Baghdad, did not achieve the main objectives for which the form of files where the percentage of financial corruption in which a large degree have been detected hundreds of false names during the past years.

LINK

Is this disbursement going on the Visa cards? It mentions the "smart card". Are those the same?

[Trimark]

This is great news. It gets a lot of money onto the smart cards and will increase the use of this 'electronic currency' throughout Iraq. Also, don't forget when they say "next Sunday" they mean this one.

Thanks for the post. Good find.

[kinglizzy99]

Silly thought...but gonna throw this out there anyways...

If in fact we are close to an RV, doesn't it make sense that they'd want to RV prior to these distributions of 50,00-150,000 dinars/month per recipient? (which looks like it begins soon)

The reason I say this is because it would at least give the GOI an opportunity to make amendments to the allocation amount accordingly (to the new rate)...whereas if they RV'd post-implementation of such program, there'd be a lot of exposed currency to the revalued rate...which would make Iraqis lotsa moolah (regardless of smart card route)...

If I'm missing something logically simple, would love to hear others' perspectives.

That's my 23.54 dinar...

[hoosier1470]

Great find! Very positive news! Shows movement on behalf of the Iraqi government....Lets just wait and see!

[GPCarter]

Silly thought...but gonna throw this out there anyways...

If in fact we are close to an RV, doesn't it make sense that they'd want to RV prior to these distributions of 50,00-150,000 dinars/month per recipient? (which looks like it begins soon)

The reason I say this is because it would at least give the GOI an opportunity to make amendments to the allocation amount accordingly (to the new rate)...whereas if they RV'd post-implementation of such program, there'd be a lot of exposed currency to the revalued rate...which would make Iraqis lotsa moolah (regardless of smart card route)...

If I'm missing something logically simple, would love to hear others' perspectives.

That's my 23.54 dinar...

What if the people are being paid according to whatever the post RV rate would be and not pre-RV rate?

[Mammaw]

Only goes to the men. Didn't I read that most of the families are ran by women, due to the head being dead??? So, that means these families are going to be left behind. Typical.

[Carrello]

Only goes to the men. Didn't I read that most of the families are ran by women, due to the head being dead??? So, that means these families are going to be left behind. Typical.

My first thought too. But it does say widows and divorced towards the end:

"...which gives subsidies of minimum 50 thousand Iraqi dinars per month, with a maximum rate of 150 thousand dinars per month, and distributed in several sectors of society such as the elderly, widows, orphans, divorced and unemployed."

Silly thought...but gonna throw this out there anyways...

If in fact we are close to an RV, doesn't it make sense that they'd want to RV prior to these distributions of 50,00-150,000 dinars/month per recipient? (which looks like it begins soon)

The reason I say this is because it would at least give the GOI an opportunity to make amendments to the allocation amount accordingly (to the new rate)...whereas if they RV'd post-implementation of such program, there'd be a lot of exposed currency to the revalued rate...which would make Iraqis lotsa moolah (regardless of smart card route)...

If I'm missing something logically simple, would love to hear others' perspectives.

That's my 23.54 dinar...

I thinking the same thing you are. Is this a tip for an RV on Sunday?

Edited April 9, 2011 by Carrello

[aaanth]

how else can they pay this amount without opening the budget and showing the rate? that don't have enough $$$ to do this otherwise. IF they do it then I'm thinking that this is it. If they go through with this payment this has to be with the new rate currency. shabibi is not stupid. hold on to your hats folks. this could be something big, IF, as i said, they actually make the payments. with iraq that's always a big if soooooooooooooo we shall see what we shall see... so far, i'm liking this A LOT!

[Old Constipate]

Labor Announces Next Sunday as the Date for the Disbursement of Salaries of 367,400 Households in the Whole of Iraq

April 8th, 2011 12:27 pm · Posted in NEWS (Iraq & World Currency) Editor: MN | OK Friday, 2008 2011 15:07 GMT

The Ministry of Labour and Social Affairs, said Friday that next Sunday will see the distribution of salaries of the beneficiaries of the nationals of social, who are more of 367 thousand families in the whole of Iraq, as confirmed that the distribution is limited to men, she pointed out that the beneficiaries Baghdad province will receive all their entitlements during the current year and the year past 2010.

The Minister of Labour and Social Affairs Nassar al-Rubaie said in an interview for “Alsumaria News”, “Iraq banks across the country will regardless salaries of the beneficiaries of the subjects of social and its 367 thousand and 400 beneficiary families in the whole of Iraq,” noting that “the exchange is limited to males only.”

Rubaie added that “the delivery will be based on the smart card, and the small proportion who have neither the smart card can be obtained during the salary they receive from banks, and they Aetjuzun 5% of the number of beneficiaries.”

Rubaie confirmed that he “will pay the salaries of beneficiaries of the capital Baghdad for three months, as well as the entitlements of the past year 2010,” noting that “the rest of the provinces will only exchange receivables for the year 2011, either the rest of the dues will be spent after the completion of closing accounts and opening new accounts is related to the Ministry of Finance through coordination with our ministry. “

The Ministry of Labour and Social Affairs of Iraq confirmed on Friday, and there are more than 8500 families benefiting from social welfare network in the province of Nineveh, has been reserved in the salaries of 40 thousand families because of fraud in the medical reports submitted.

The governor of Nineveh Liberation of Iraq carrying, on Friday, Ministry of Labour and Social Affairs responsible for delayed payment of salaries of the beneficiaries of social protection network for more than a year and the 43 thousand beneficiaries, accusing the ministry of “procrastination and lack of cooperation” in order to find effective solutions to this issue.

Nineveh province has seen, over the past weeks a number of demonstrations to demand subsidies, regardless of social protection network.

The Ministry of Labour and Social Affairs has started the end of 2005, the application program of social protection network, which gives subsidies of minimum 50 thousand Iraqi dinars per month, with a maximum rate of 150 thousand dinars per month, and distributed in several sectors of society such as the elderly, widows, orphans, divorced and unemployed.

The program of social protection network in the province of Nineveh and its city of Mosul, about 405 km north of Baghdad, did not achieve the main objectives for which the form of files where the percentage of financial corruption in which a large degree have been detected hundreds of false names during the past years.

LINK

Is this disbursement going on the Visa cards? It mentions the "smart card". Are those the same?

From what I read the top nationals of social (no women included) and the bottom social protection (widows included) is two different things.

This is dependent on two things. 1) the translation is a little rough 2) the govt isn't THAT stupid.

I leave room to be wrong on either one. Open minded is he.

[BanG]

Let's not loose focus in all this. First and foremost the Iraqi citizen needs money so desperately I pray they will get theirs first as they have suffered so much in this war. After they have been paid and their business is settled in Iraq I will extend my hands for my piece of the RV pie. JMO. Peace.

[randalln]

This is based on the Kuwaiti system

[zaborniake]

The Kuwati people recieved a lump sum, no? At the current rate 150,000 IDQ equals $128.70. That's not reasonable. This could be good news.

[bobycharles]

do you know the muffin man?

[Brisco]

I am very happy to hear that the are giving something to these people..I know it doesn't sound like much and it isn't much, but we are dealing with a 3rd world country whose money doesn't amount for much right now. I don't know how thise fits into the RV/RI of the dinars, but I am so glad that they will be getting some help. What would be even better is that the GOI gets their act together to revalue their money so it isn't just worth the paper it's printed on. The citizens being able to get some assistance from that government will make me feel alot better when the RV happens. Let's all pray it will happen very soon. Times are desperate and I know alot of people, including me, that really need this to happen to make our situation better. Many blessings fellow dinarians..

[sailin12]

Haven't submitted any valuable info before so here goes. Alot of info can be obtained from many news sources around the world, now, thanks to internet, still. Anyhow I came upon this article in the Seattle News, April 8,2011. caption is " UN - iraq's leaders must address...". Goes on to reveal PM's response to recent protest in the gov'ts ability to move towards a profitable Iraq.

Pm's response besides his "100 day wait and see program" ( those are my thoughts), he responds "nothing is objected to or protested will be ignored.