We have huge reserves of foreign currency & dangerous for payment of salaries
Parliamentary Finance: we have huge reserves of foreign currency and dangerous for the payment of salaries
Brother - Baghdad - He said the Commission's decision Haj Ahmed Rashid said that "Iraq possesses huge reserves of foreign currency," stressing "the lack of seriousness on the payment of staff salaries."
The head of the Parliamentary Finance Committee, Ahmad Chalabi, predicted on Saturday that, "The government does not face great difficulties in providing the employees' salaries and the fulfillment of its obligations," warning of the worsening financial and economic situation in the country unless the conduct reforms fast and serious in the coming weeks.
The parliamentary Finance Committee member Masood Haider, confirmed that the employees 'salaries for the remaining months of this year locked, where between "an indication that the employees' salaries do not exist in danger, the state will be covered by insurance payroll, and we emphasized it again and again," stressing that "salaries for the coming months locked."
Iraqi state and relies on building the annual financial budget by about 90% on imports of the source of oil, and the resulting decline in crude prices since the middle of last year to a significant decline in Iraq's resources reaching its budget in 2015 about $ 100 billion deficit expected up to 25%.