Economist: The liquidity crisis will not affect employee salaries.

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Economist: The liquidity crisis will not affect employee salaries.

economic researcher Diaa Abdul Karim ruled out on Wednesday that the cash liquidity disaster might affect worker salaries, specially with the presence of huge reserves that could be resorted to.

Abdul Karim advised dinaropinions.com, “communicate about the coins liquidity crisis and the decline in the length of the cash deliver in the authorities and the Ministry of Finance has not long past past the level of media statements by means of some political parties.”

He brought, “The authorities has many answers to the cash crisis, if it in reality exists, especially on the grounds that state departments are proceeding with activating the digital fee technique for series, and consequently the plan is shifting in the direction of taking flight the money deliver from the street.”

He defined that “the decline inside the money deliver will not have an impact on the scale of employee salaries or the authorities’s lack of ability to finance them, in particular due to the fact Iraq has a coins reserve exceeding $one hundred billion, further to the truth that the Ministry of Finance has previously confirmed that there is no crisis in securing salaries.”