Parliamentary Finance: employees and retirees pay as stolen by al-Maliki

Dated: December 30, 2015

BAGHDAD / News Network Iraq revealed a member of the Finance Committee parliamentary Sarhan Ahmad, about the circumstances of reducing the time and staff salaries, likely the government issued domestic and foreign bonds to cover the deficit in the budget of 2016. Ahmed said in a press statement today: "The untrue to reports by some media about the government study the proposal of the Ministry of Finance, always requires reducing the salaries of the staff, "stressing that" the 2016 budget will see a reduction in the salaries of employees only. " "The 2016 budget is very suitable for the time being," while the government is likely to "internal bond issue to reduce the budget deficit." He said, "When the government have weakened its economy to resort to borrowing in order to pay its employees," adding that "there are points placed in the budget provides for plug them to borrow from the World Bank and the International Monetary Fund." He explained that "the issuance of internal and external bonds authorized right of the Finance Minister, Hoshyar Zebari, for the purpose of payment," noting that "the state can apply the paragraphs of this article for the purpose of bridging the shortfall in the 2016 budget, amounting to 24 trillion Iraqi dinars." He pointed out that "a heavy borrowing from the shoulders of the government and weaken its economy," stressing that "no alternative to borrowing in order to get out of this crisis." And spread in the local media and means of social communication, news about government proposals to plug deficits and reduce expenditures in the 2016 budget, and most notably the granting of compulsory licenses for employees alternately, that is the nominal payment of salaries for employees on leave.