Expert in economics Safwan Qusay demanded that the Ministry of Finance examine the salary financing file and establish a release date that does not limit it to the end of the month.
Qusay stated, “Iraq sells oil at a rate of 76-77 dollars per barrel per day, and there is no problem covering operating expenses, as the surplus from this number goes to finance the investment budget.” Iraq sells oil at a rate of 76-77 dollars per barrel per day.
He added, “Iraq trusts that OPEC and its accomplices will permit oil costs to stay as they are right now, with the chance of expanding non-oil incomes to cover all costs.”
He brought up that “the Service of Money should survey the most common way of supporting pay rates and set a schedule not entirely set in stone at explicit times as opposed to delivering the financing in one day.”
“Economic stability requires the Ministry of Finance to pump the employee compensation item in the form of installments and according to a schedule as was previously practiced without delaying the expenses until the end of the month, as it affects the economic movement related to employee salaries,” he went on to say.
