A source familiar with the Central Bank revealed, on Monday (29 June 2020), a development that will allow the release of employee salaries for the current month of June within two days.
The source said in an interview with (Baghdad today), that “the central bank has provided sufficient liquidity to the Ministry of Finance, and it is expected that salaries will be released within the next two days .”
He pointed out that “the central bank deducted the retirement commission’s transfers to provide funds to the Ministry of Finance.”
Yesterday, the decision of the Finance Committee in the House of Representatives, Ahmed Al-Saffar, revealed a problem that delayed the distribution of employee salaries, while stressing the direction to solve it .
Al-Saffar said, in an interview with (Baghdad Today) that “the government is obligated to distribute the salaries of the employees as soon as possible, and the salaries are late and the government feels the conditions of the people and it is necessary to find a specific mechanism for the delivery of salaries, whether in relative terms, or to specify specific days for the distribution of salaries .”
He pointed out that “Parliament agreed to borrow from banks for the salaries of employees,” noting that “the problem of delay is the availability of financial liquidity, but it will be resolved .”