Baghdad stopped disbursement of increases in salaries

16/10/2008 Thursday, 16 - Shawwal -1429 e


AP: Ministry of Finance announced it would stop Iraqi exchange increases in the salaries of all employees under the new peace-keeping and return to the old because of the high inflation rates in the country and they are contrary to Iraqi government agreements with the International Monetary Fund

A senior source at the Ministry of Finance of Iraq's daily (morning) that the government »Convention prevailing second with the International Monetary Fund required the country several economic reforms in the oil and financial policies, monetary and blocs including the pumping cash in the market to tackle inflation,«.

The »differences as the new peace exceeding four billion dollars and pump in the market would lead to higher rates of inflation to absorb a large percentage increase is not achieved by any benefit because the damage«.

He said the »recent increase in the salary scale confronted hard rejection of the Fund and counted before a breach of the terms of the Convention, but the insistence of Finance Minister Bayan Jabr and the need to improve the living standards of citizens to push the Fund to submit a proposal includes maintaining the same salary for the last three months of this year, delays in the Froqatha To the beginning of next year «.

He went on: »back the Iraqi government exchange rate differences and work under the new salary scale as of next January and the agreement with the International Monetary Fund will be the end of the year

Reporter:
Liberation: Salah / 2008-10-16

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