September 12, 2009
Financial: the distribution of salaries of staff during this week
Transformed pensions abroad and discussed the benefits of reducing loans to traders
BAGHDAD - Wafa Amer
Finance Ministry has decided to bring forward the distribution of salaries of state employees on the occasion of Eid al-Fitr, with completed transfer the salaries of retirees living abroad, and discussed the possibility of reducing the benefits of loans granted to traders.
An official source at the ministry for the "morning," Finance Minister Baqir Jabr Al-Zubaidi instructed to provide dates of the distribution of salaries of state employees with full allocations, noting that the distribution will be starting on Sunday and runs until the sixteenth of September.
He said he will be distributed tomorrow salaries of staff of the presidential offices and associated offices and the Office of the Prime Minister and the General Secretariat of the Council of Ministers and the House of Representatives, in addition to the staff of the Ministries of Finance, Higher Education and Foreign Affairs, Planning and Development Cooperation, as well as other services related to the Ministry.
He said that the day will be followed by the distribution of salaries between the staff and ministries of Construction , housing, employment and social affairs, water resources and agriculture as well as the Ministry of Culture, migration and the displaced, human rights and the Ministry of Science and Technology. He noted that Tuesday will be the distribution of salaries among the staff of the ministries of justice, industry, electricity and oil as well as communications, transport, trade and Municipalities and Public Works and the Ministry of Youth and Sports, in addition to the Endowment all.
The source added that it would be the distribution on the last day for the staff of ministries of education, defense and interior in addition to the ministries of health and the environment. In the meantime, revealed an official source at the Bank of Iraq that the Bank completed the conversion of the salaries of retirees residing in Jordan, Lebanon and Abu Dhabi, Bahrain, Yemen and Syria, among Ministry's policies in support of the retirees and ease the burden on this segment.
The source of the "morning" that the number of remittances sent to Syria amounted to 4661 Order for the duration of the beginning of 2008 until the end of last August and more than $ 2.5 million, while the number of remittances sent to Jordan, Lebanon and Abu Dhabi, Bahrain and Yemen 15,592 transfer for the same period and more than $ 17 million. On the other hand, discussed with the Ministry of Finance Central Bank of Iraq the possibility of reducing interest on loans to traders.
An official source at the Central Bank for the "morning", said a meeting was held in earlier between the Bank and representatives of all private banks and government where they discussed the possibility of reducing interest rates on loans to traders in order to support the economic movement in the country, adding that banks deduct high interest loans put pressure on traders and thus be an impediment to the prosperity of all commercial traffic, as far as he said.
He explained that the move came to light several claims of Baghdad Chamber of Commerce to increasing support from the central bank and banking governance and traders of Mesopotamia to the slide, pointing out that the banks still follow the same policies that were followed in 2006, when the security situation was dire, which has been wary capital of the waste and loss.
