Consultant Abadi reassured on salaries

02/13/2016 13:55

BAGHDAD / obelisk confirmed the financial advisor to the prime minister the appearance of Mohammed Saleh, Saturday, to finance the war and the payment of salaries is a priority for the Iraqi government, noting that the government is reassuring about the payment of staff salaries and has directed for non-oil revenues, while explained that the imposition of taxes on some sales created 6 trillion dinars to the government.

Saleh said in a statement followed the "obelisk", said that "any cash flows have two tracks, the first funding for the war against terrorism as a matter of life," stressing that "the liberation of Iraq in 2016 settled the issue, and the second path, he is the salaries of employees by continuing to pay them." .

Saleh added that "the state does not fail to do not give up, and there's insistence measure, and therefore there is reassurance about the employees' salaries despite the presence of four million and 500 thousand employees, and if we calculated them pensioners and social welfare will reach the number to seven million people."

Saleh pointed out that "the state has options and many measures in the possibility of financing the payments, including internal and external borrowing and the sale of some of the things and use some of the monetary policy," stressing that "the state currently has directed for non-oil revenues."

Saleh also highlighted that "the imposition of taxes on some goods such as cigarettes and Kartat mobile phone and other goods at the end of 2015 created a state six trillion dinars from non-oil revenues, and thus it proved the current budget from non-oil revenue of $ 11 trillion dinars is real if applied correctly".

It is noteworthy that Iraq is one of the rentier states which depends largely on the public budget from the sale of crude oil and 95%, and the drop in oil prices led to a large budget deficit reached 24 trillion dinars, as well as shut down most of the investment projects due to insufficient funds even to meet the operational ones.