Parliamentary Finance Committee reiterates: Employees’ salaries are fully secured

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Parliamentary Finance Committee reiterates: Employees’ salaries are fully secured

Mudhar Al-Karawi, a member of the Parliamentary Finance Committee, reiterated on Monday that Iraqi institutions’ employees’ salaries will be fully guaranteed through 2024.

“The oil price changes were minor and are currently rising, which contributes to increasing the financial revenues of the state treasury, stressing that the salaries of state employees are fully secured during 2024,” Al-Karawi stated in an interview with. “The oil price changes were minor and are currently rising.”

“His committee, in coordination with the Ministry of Finance, seeks to adopt frameworks towards raising non-oil revenues to the highest rates after 2003 through automation of all revenues at the crossings and other sectors,” he continued.

He said, “The Finance Committee will review the budget schedules for the next year 2025 in a manner that is consistent with the country’s revenues and gives priority to the file of financing governorate projects.” This was something that he said.

It’s noteworthy that oil prices have fallen in recent months, which has put pressure on the treasury and raised concerns.