Today, Monday, the Ministry of Finance issued a clarification regarding allegations of exploiting employees’ salaries and retirement contributions for investment.
The Ministry said in a statement, received by Al-Rasheed: It “followed with great interest what was circulated through some media and social media platforms of conversations and information alleging (exploiting employees’ salaries and pensions for investment purposes and depositing them in private banks), and out of the Ministry’s keenness on transparency and clarity, it would like to clarify the facts.” public opinion in this regard.”
She added, “The Ministry adopts specific dates when financing salaries according to the electronic payment mechanism through the payments system (RTGS), which is managed by the Central Bank of Iraq and is concerned with the salaries of state employees and the social protection network, and depositing them in the bank accounts of the spending units in the ministries, governorates, and unrelated entities open to Government banks (exclusively), to ensure the smooth flow of financing salaries within hours not exceeding the end of the official working day of the financing day.”
Regarding retirement salaries, the Ministry explained that it “adopted the beginning of each month as a basis for financing without delay and feeding the bank accounts of the National Retirement Authority through the electronic payment system instead of paper payment, as these procedures come in implementation of the terms of the government program and the directives of the Prime Minister and the Minister of Finance in this regard.” .
According to the statement, the Ministry called on “media professionals and all interested parties not to promote and circulate information and engage in conversations that would confuse public opinion without referring to the official and approved sources of the Ministry to clarify and state the facts.”
