Parliamentary Finance voted to reduce the percentage of deduction to 3.8% for staff salaries

Business & Finance

Economy News / Baghdad ...

Parliamentary Finance Committee revealed, Wednesday, vote for its members to reduce the percentage of deduction from employees' salaries by 3.8% instead of 4.8%.

A member of the committee MP Haitham al-Jubouri in an interview, "The Finance Committee has proposed reducing the proportion of private withholding the salaries of employees and retirees within the next year's budget in 2017 from 4.8% to 3.8%."

He Jubouri that "this proposal has been voted in the Committee."

He was prime minister for economic affairs adviser to the appearance of Mohammed Saleh, had confirmed on Tuesday (November 28, 2016) that the deduction of 4.8% of employees' salaries will be for one year.

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According to articles that came out earlier in the week this is going to add upwards of 1.3 trillion dinars to their deficit - LOOP

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