Former member of the Parliamentary Finance Committee, Abdul Hadi Al-Saadawi, ruled out on Wednesday any immediately effect on worker salaries due to the modern-day drop in global oil expenses.
Al-Saadawi informed dinaropinions.com, “state employees’ salaries will now not witness any alternate or effect because of the modern-day drop in oil expenses, specially considering that these salaries are completely secured in spite of prices falling below $50 consistent with barrel.”
He brought, “what’s being circulated inside the media about the results of the drop in prices on salaries, as well as the us customs responsibilities on a few countries, will not have a chief effect on Iraq, however as an alternative a minor one.”
He defined that “OPEC has a policy it follows regarding the upward thrust and fall of oil costs, and even with the cutting-edge drop, the impact of this decline will now not be apparent now, but can also seem after six months in oil-exporting international locations, and this effect will not be giant on oil-exporting nations.”