Baghdad /NinaThe Ministry of Finance denied that there was a problem with liquidity to cover employee salaries.
The Ministry stated in a statement, “In response to what was reported by some television channels, the Ministry of Finance expresses its astonishment at the claims of some political and media figures regarding the lack of sufficient cash flow to secure the salaries of state employees. In this regard, the Ministry confirms that the financial plans it prepared within the government program for public spending included Taking several procedures and measures that are consistent with what was stated in the amended Federal Financial Management Law No. (6) of 2019 and the Federal General Budget Law No. (13) of 2023 and implementing the unified treasury system, by completing the budget schedules for the fiscal years 2024 and 2025 and submitting them to the Council of Ministers for approval. Thus, securing employees’ salaries, the social protection network, and the salaries of retirees without delay or delay through its retained cash balances for the previous year and its oil and non-oil revenues.”
The statement added, “In addition to the above, the Ministry has committed to securing salary funding on an ongoing basis and directing the resumption of official working hours on Friday and Saturday for the purpose of completing the distribution of salaries of state employees without delay.”
The Ministry explained that “the financial and economic reform plan pursued by the government led to a noticeable increase in economic growth, and achieved an important resource for the state through the increase in development projects and the restart of a number of suspended factories, especially food and construction factories, as the production rate increased in several projects.” Within the framework of the development vision for the Iraqi economy, diversifying it, reducing dependence on oil revenues as the sole source of the budget, and maximizing non-oil revenues.”
She stressed that “no statement was issued by the Ministry of Finance in this regard, especially since the government reforms relied on expanding the participation of the private sector in securing greater job opportunities,” stressing “the necessity of adhering to what is issued by it, as it is the only body that manages financial affairs in Iraq, and that any statements of this kind… This type creates unnecessary confusion and tension
The Ministry called for “the adoption of news and information through its official website and its pages on social networking sites without confusion with information that does not exist.”/End 3
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