Parliamentary Finance: Zebari's remarks about the correct and realistic salaries

January 7, 2016 7:22

Said the Parliamentary Finance Committee member Ahmed Sarhan today that the Finance Minister Hoshyar Zebari's remarks about the inability of the government to pay the salaries of staff in four months are correct and realistic, criticizing at the same time, do not search for suitable alternatives to meet the country's public budget deficit.

In an interview with Ahmed Sarhan he followed Buratha news agency said the Finance Minister, Hoshyar Zebari, the person in question is first and who is familiar with the fact that the financial situation of the government being in direct contact with any economic or financial Newcomer so the comments are the closest to reality.

He explained that the Parliamentary Finance Committee was learning and for nearly five months that the economic situation wobbling In the case of survival of the same, the government will not be able to believe the employees' salaries after the month of April of this year.

Zebari said that the country's dependence on what comes out of the oil in securing the budget is a big mistake because the oil market is subject to the process of supply and demand as a result of this article provides significantly and flooding the market where which led to large deficits in Iraq's budget, criticizing the Iraqi government for not diversifying their sources of income and adoption only on the export of oil.

The Finance Minister Hoshiyar Zebari said in previous statements that Baghdad may not be able to provide salaries for employees in the next April.

It also said the Iraqi Central Bank reserves fell to $ 59 billion, revealing that he was thinking not to grant a full staff salaries and keep some loans, due to lower oil prices.