Parliamentary Finance Committee warns of a liquidity crisis threatening employee salaries

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Parliamentary Finance Committee warns of a liquidity crisis threatening employee salaries

The Parliamentary Finance Committee warned, on Sunday, of a ability cash scarcity that might affect securing salaries, pensioners, and social welfare in the coming months, calling on the authorities to growth non-oil sales and decrease needless spending.

Committee member Moeen Al-Kadhimi informed dinaropinions.com that “the entire salaries of employees, pensioners, and welfare amounts to about 8 trillion dinars in line with month,” stressing that “public budget want pressing reforms to avoid a earnings crisis in 2025.”

Al-Kadhimi brought that “the committee asked the authorities to growth non-oil revenues and rationalize costs to keep away from any future financial crises.”