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Maliki ordered the salaries of employees increases

FXStockpiling
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FXStockpiling Newbie

FXStockpiling

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Maliki ordered the salaries of employees increases, regardless of the Interior within 72 hours

23/07/2011 16:10

Erbil, July 23 (Rn) - A source in the presidency of the Iraqi Council of Ministers said on Saturday that Prime Minister Nuri al-Maliki ordered regardless differences increase the salaries of employees of the Interior forces within 72 hours, with Deputy Iraqis need to take the same step by the government of the Kurdistan region, and payment of these increases as soon as possible. quoted in a statement published in the media varied for the source as saying that "al-Maliki ordered to be completed within 72 hours of exchange increases the salaries of employees of the forces of the Iraqi Interior Ministry retroactively calculated from the first of January 2011." A member of the Board of Iraqi parliament for the movement of change Sardar Abdullah told the Kurdish news agency (Rn), "according to the information received to us, the Iraqi Prime Minister Nuri al-Maliki has ordered regardless increase salaries and allowances of employees of the Interior within 72 hours." He added by saying, "The government of the Kurdistan region that are in turn, regardless of increases in salaries of Interior forces, because the law covers all the Iraqi forces, "adding that" increases the salaries of forces internal region behavior of the budget allocated to employees of the Interior and related to the share of the Kurdistan region of 17% of the federal budget, but allocate the budget sovereign. " from On the other hand, said a member of the Iraqi parliament from the Kurdistan Alliance bloc Chuan Mohamed Taha (Rn) "I'm not familiar with the subject of an order from Prime Minister Nuri al-Maliki, regardless of increases in salaries of employees of the Interior within three days, but the law was passed and should exchange increases in salaries and allowances before the end of this year. " He pointed out that "the salary increase include without doubt the Kurdistan region, and focused our discussions when the law was passed that is the inclusion of the province of this law." The Iraqi Council of Representatives had voted in early July of this, unanimously adopted a draft law on internal security forces, After the amendment to paragraph 89 thereof and which prohibits the issuance of any instruction to force elements of the ISF on the exercise of acts contrary to Islamic law to be amended in accordance with Article II of the Iraqi Constitution, as law provides for the exchange increases the salaries of the forces of internal retroactively from the date of the first of January (January ) last year. The Undersecretary of the Ministry of Finance of Iraq Fadel Prophet confirmed (Rn) earlier, that he "will be allocated 17% of the increase in the salaries of the forces of the Interior to employees of the Interior in the Kurdistan Region," noting that "any financial grants are allocated for internal Iraqi will be awarded 17% of the territory. " According to the law of service and retired employees of the interior forces of Iraq, will pay the increased salaries of the internal security forces face according to the times the internal security forces, namely: Major General (1.175.000) million and one hundred and seventy-five thousand dinars, and Brigadier General (1.380.000) million The Eighty-three thousand dinars, and Colonel (920 000) nine hundred and twenty thousand dinars, and provided (865 000) eight hundred and sixty-five thousand dinars, and Major (795 000) seven hundred and ninety-five thousand dinars, Captain (777 000) seven hundred and seventy-seven thousand dinars, and First Lieutenant - (765 000) Seven hundred and sixty-five thousand dinars, and Lt. (633 000) six hundred and thirty-three thousand dinars, and the rest of the ranks of the internal security forces, and the Commissioner / d 1 - (690 000) six hundred and ninety thousand dinars, and the Commissioner / d 2 - (670 000) six hundred and seventy thousand dinars, and the Commissioner / d 3 - (650 000) six hundred and fifty thousand Denaromvud / d 4 - (630 000) six hundred and thirty thousand dinars, and the Commissioner / d 5 - (610 000) six hundred and ten thousand dinars, and the Commissioner / d 6 - (590 000) five hundred and ninety thousand dinars, and the Commissioner / d 7 (570 000) five hundred and seventy thousand dinars, and the Commissioner / d 8 (550000) Five hundred and fifty thousand Denaro t. p - (537 000) five hundred and thirty-seven thousand dinars, and Corporal (504 000) five hundred and four thousand dinars, Wen. p (474 000) four hundred and seventy-four thousand dinars, and a policeman, first (458 000 ) four hundred and eight and fifty thousand dinars, and the policeman (455 000) four hundred and fifty-five thousand dinars. Carzan of

http://www.aknews.com/ar/aknews/2/253281/

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Doc31 Newbie

Doc31

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THAT HAS TO BE GOOD NEWS!!!!

Nope ... that's either misdirection or bad news.

In what country do they pay cops $455,000? They don't and yes I realize that is 455K IQD or $388/year ... oops that doesn't work either ... see what I mean?!

Increasing salaries into a revaluation ... seriously? ... if they calculated salaries correctly earlier in the year it would simply bring them to par on what their actual salary was or if they had subsidized their salaries so that they could at least feed their famalies ... then they would be decreasing their salaries into RV.

Have to wait and see but my money is on that this is more from the "clown show".

We've been seeing more and more to substantiate IQD and USD on par (which is what my "boots on the ground" told me more than a year ago ... that the Iraqis had been told this over and over) and if you look at Ernst and Young's appraisal of the numbers ($1.40) you are looking at "wiggle room".

You know I don't rate or date and I'm not doing that here either ... just looking at what we are seeing and hearing.

Peace

Doc31

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westy33567 Newbie

westy33567

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Nope ... that's either misdirection or bad news.

In what country do they pay cops $455,000? They don't and yes I realize that is 455K IQD or $388/year ... oops that doesn't work either ... see what I mean?!

Increasing salaries into a revaluation ... seriously? ... if they calculated salaries correctly earlier in the year it would simply bring them to par on what their actual salary was or if they had subsidized their salaries so that they could at least feed their famalies ... then they would be decreasing their salaries into RV.

Have to wait and see but my money is on that this is more from the "clown show".

We've been seeing more and more to substantiate IQD and USD on par (which is what my "boots on the ground" told me more than a year ago ... that the Iraqis had been told this over and over) and if you look at Ernst and Young's appraisal of the numbers ($1.40) you are looking at "wiggle room".

You know I don't rate or date and I'm not doing that here either ... just looking at what we are seeing and hearing.

Good to see you here today Doc, would if they knocked off the 3 zero's that would put them in the right range IMO. What is your opinion on that? a General would then make about 1400 per month!

Peace

Doc31

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tjmunson Newbie

tjmunson

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They can not change wages to reflect the RV prior to it happening. That would be letting the cat out of the bag. I believe what is going on here is that salaries are being adjusted to where they need to be. Then, after the RV there is a pre determined percentage change on all salaries and other COG's that will be applied in order for these items to then have the correct buying power under the new exchange rate. In other words, they are getting their ducks in a row and being proactive so that when the RV occurs, a simple mathamatical equation will put everything into the proper perspective in regards to the newly increased buying power of the IQD.

I hope this post makes sense. It's clear to me in my head but I may be doing a terrible job of conveying my thoughts.

I think this is a sign that we are very close.

Peace

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FXStockpiling Newbie

FXStockpiling

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Okay here is what the article is saying to me.

* Iraq wants to encourage more people to join the security forces so they are trying to pay them better than what they are getting from those whom oppose them.

* this increase includes back pay from 1/2010 at the rate of 17%

* all of this is just in time for Ramadan

Also IMO, I would do this if I wanted to prove to the UN that my Country could hold off an invasion & security be tight in every State for foreign investment... Also that my security forces that had been with me the longest reap the most from an RV because they have my best interests in mind...

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Dalite Newbie

Dalite

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Maliki makes no reference to increasing security prior to any change in the value of the Dinar.

He only makes reference to increases in pay after a change in value.

But, a change in value, needs the promise of security before it can be introduced. If you don't believe this to be a true statement, ask Shabibi...

Maliki's sleight of hand is getting slow. His Kung Fu is still strong enough to be viewed as positive by some, but more and more are beginning to watch the left hand, while the right hand is attracting attention.

Maliki has no intention of seeing his power diluted by a well paid work force that are able to rise above the category of down trodden.

He gains nothing from higher education of the masses, or their success in any endeavor, other than remaining uneducated and poor..

Obama could make the claim that everyone in the US would be given a million dollars, after the Debt is paid off, and be as sincere as Maliki.

At least, a change in the value of the Dinar is a possibility; seeing the US Debt paid off --- Not So Much...

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Doctor Smith Newbie

Doctor Smith

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In what country do they pay cops $455,000? They don't and yes I realize that is 455K IQD or $388/year ... oops that doesn't work either ... see what I mean?!

Read more: http://dinarvets.com/forums/index.php?/topic/76249-maliki-ordered-the-salaries-of-employees-increases/#ixzz1Sx4Hzz8p

Assuming it's not a made up BS story. Could be the weekly or monthly salaries.

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Dalite Newbie

Dalite

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Best guess.. About .05¢ per dinar... Which is, in fact some of the numbers that have been cycling through forex sites

On a straight- up RV, I would take that, Cash in, and hope to be able to buy some of the new currency at that rate for the future.

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