Zebari is likely not possible distribution of salaries in April 1/5/201
Zebari is likely not possible distribution of salaries in April
1/5/2016 0 Comments
BAGHDAD / Obelisk: favored Finance Minister Hoshyar Zebari, on Monday, the inability to staff the distribution of salaries in the month of April, in the event of continued low oil prices, while noting that there are other options to avoid that. Zebari said in an interview with 'Roudao' media Kurdish, said that 'in the past year, we have succeeded in the distribution of salaries, but this year, according to estimates available to me, we have exposed to the problematic in the month of April may not be able to distribute the employees' salaries for that month', pointing that 'this is a reality and that people should know. " He added that 'there are seven million people are paid salaries of Iraq's total population of 36 million', indicating that the 'total amount to be distributed from the monthly salaries of four billion dollars'. And on the procedures to be followed if oil prices continued to decline, Zebari said, that 'there are several alternatives, including borrowing from international institutions a few of the benefits', noting that 'delivered to Iraq a few days ago billion and $ 200 million from the World Bank'. He said Zebari, that 'other option is how to raise the Iraqi dinar exchange rate, and although it choose the risk and could have repercussions, but we thought of not granting full salaries, and to keep some of our loans, and give a document that we will give money when what provides we've got'.