Parliamentary Finance Committee Reassures Employees: Your Salaries Are Secured Until New Government Is Formed

The Parliamentary Finance Committee confirmed that employees' salaries are secured and the general budget is pending the formation of the government, while indicating that Iraq needs more than 7 trillion dinars to secure salaries. A member of the Finance Committee said that the Central Bank pledged to finance and secure employees' salaries according to the provisional appropriation law. He added that when the government is formed, the general budget will be sent, noting that there is borrowing authority to reduce the size of the crisis, especially due to uncertainty about the opening of the Strait of Hormuz. He explained that Iraq needs more than 7 trillion dinars to secure employees' salaries, which are secured according to the provisional appropriation law from the Central Bank for six months.