A member of the parliamentary economic stresses: salaries of employees locked in the current year even if oil reached $ 20

02/01/2016 03:08 PM

Baghdad / follow-up to the Orient:
Confirmed a member of the Committee on Economy and Investment parliamentary Najiba Najib, the state's ability to secure the employees' salaries in the year 2016. She said Najib, «I as a member of Parliament since two sessions and through the figures, the Iraqi state in spite of the sharp drop in oil prices they are able to staff salaries insurance Iraqi state for 2016 »afterthought« But after this year, is subject to a different search ». She stressed that the government «able in 2016 to secure salary», indicating that «Iraq needs 52 trillion salaries for the network of social welfare, retirees and staff», pointing out that «this amount does not distract the whole it is the actual KRG staff, who make up 24% of the not receive their salaries as they Mosul and Anbar staff ». Najib pointed out that «even if oil prices reached a 25 or even $ 20, half or three-quarters of this amount [salaries] will provide oil revenues reached even if the price of oil to $ 20 a barrel».
She «We are not a poor country, because we have a $ 60 billion central bank reserves, and 90 tons of gold and we gave the authority to the Ministry of Finance for the issuance of treasury bonds, which means that the ministry will issue treasury bonds bought by the central bank because it can not borrow directly has the right to buy these bonds and give cash the Ministry of Finance ». He pointed out that «the other way until now the dollar price equivalent to almost dinar, and even though our revenues amounted to $ 30 billion in oil revenues in 2016 if there is a change to monetary policy and the dinar will be transferred to the insurance amounts and the payment of salaries». And renewed assertion that «the State able to secure salaries 100%, as there is oil revenues and taxes and re-loans of citizens Kalmih salary There are more than 10 trillion and industrial loans and agricultural supposed return», noted «in the next year in 2017 can not be certain to secure salaries if I stayed Prices Oil for what it is. » The House of Representatives approved in its meeting on 16 December last, the budget of the year 2016 with a total expenditure of more than 105 trillion and 890 billion dinars deficit accounted for 22.8%, reaching a total revenue of the 81 trillion and 700 billion dinars formed oil revenues, of which 69 trillion and 773 billion dinars The increase of 85.1% of total revenues, while non-oil revenues amounted to more than 11 trillion and 927 billion dinars The increase of 13.6% of total revenues. And formed the current expenditures [operating] a salary and other more than 80 trillion dinars, and increase of 76% [of total expenditures 105 trillion dinars] while capital expenditures were more than 25 trillion dinars, and increase of 23.8%. It is noteworthy that the Council of Ministers approved on 13 October last in 2015, handed over the new salary adjustment and the Iraqi Gazette published a decision in 15 of the following month, to be effective. According to the new resolution [salary scale, of the first functional class salaries 910 000 dinars, while the lowest score of 170 000 dinars. And be a first-class salary according to the new peace of 910 000 dinars schedule and length of service of one year by year and ranging up to 11 years later to 1.11 million dinars, with an annual bonus 20 000 dinars. While the salary of the lowest degree of functional and is the tenth 170 000 dinars, and the range to reach to serve 10 years to 200 000 dinars, with an annual bonus 3000 dinars. New salary scale that the highest salary of the Secretaries of State and special grades also refers 3.243 million dinars and less salary to the employee 170 000 dinars. And the salary of the deputy minister and Badrjtah and earns his salary and adviser who earns salary and Undersecretary of the Ministry, according to the new peace of 2.413 million dinars to 3.243 million dinars with the annual premium table and $ 83 000 dinars, which is the highest salary in the state excluding Ministers and the three presidencies. While select a lower salary to 170 000 dinars.