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Home Dinar Guru Updates IQD

Parliamentary Finance: Central Bank will control the dollar rate and the new salary scale will cancel these allocations

August 5, 2023
in IQD
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Baghdad – Mawazine News
A member of the parliamentary finance committee confirmed that the central bank is moving towards controlling the dollar exchange rate, while referring to the cancellation of allocations for green zone employees.
“The central bank is moving towards controlling the exchange rate and working to simplify the procedures for obtaining the dollar from the currency window on the central bank and the government, involving the private sector in the decisions, the government should ask traders about their problems and the reasons why they do not buy the currency from the central bank,” Moeen Al-Kazimi said.
He added, “There is seriousness from the Central Bank to address a lot of matters, and there has been a pruning in the administration, there is a change to about 100 positions in the Central Bank, there is a follow-up to private banks, hosting and accounting, so that the Central Bank applies its powers with real supervision of banks.”
He pointed out, “The amendment of the salary scale is meant to eliminate the disparity between the salaries of employees of different ministries, so now we see a desire among employees to move from one ministry to another considering that there is a wide difference between the salaries of ministries,” noting that “adjusting the salary scale from the first to tenth degree, will be by canceling unconvincing allocations.”
He pointed out that “there are allocations granted to standards that no longer exist today, working in the green zone 15 years ago was dangerous, but today this thing no longer exists, today the green zone is open to citizens, and yet these allocations still exist.”
He continued, “The goal of the salary scale is to address these differences, as some departments have reached 450%, so the salary is high, compared to the salaries of a ministry such as planning, science and technology, whose salaries are low.”
“The implementation of the proposed new salary scale will not burden the government financial burdens, but may provide a surplus, if the concessions granted in the previous period are eliminated, one trillion and 800 billion will be added to the budget, but if the concessions remain, an additional 9 trillion will be needed above the 60-70 trillion originally allocated.” It’s over 29/

https://www.mawazin.net/Details.aspx?jimare=232761

Tags: (newallocationsandbankcancelcentralcontroldollar?financeiqdparliamentaryratesalaryscalethethesewill
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