Wednesday, October 27, 2010

Finance: To increase the salaries of retirees are subject to higher oil prices and export volume ...


October 28, 2010

Finance: To increase the salaries of retirees are subject to higher oil prices and export volume

Confirmed that the approval need to authenticate the government and legislation in the Parliament

بغداد – وفاء عامر BAGHDAD - Wafaa Amer

The Ministry of Finance to increase the salaries of retirees are subject to high global oil prices, as well as the volume of exports, leading to the allocation of sufficient funds to cover it.

An official shall inform the Commission of national retirement Firas Al-Shammari's »Sabah»: The rumors about an increase in the salaries of retirees is not sound, noting that a committee in the Ministry of Finance with a membership of the retirement formed in the earlier study was prepared to increase the salaries of retirees by fifty percent , did not lift until now to the Cabinet for consideration and approval.

He added: As the salary increase was needed to the legislation of the Parliament after its ratification by the government, stressing that the Ministry of Finance hopes to achieve a rise in oil prices accompanied by a rise in crude oil exports to enable it to allocate funds to cover increased salaries.

The media has quoted yesterday by the President of the Humanitarian Association of Retired Persons Abdolreza napkin, the government decided to increase the salaries of retirees with the beginning of next year.

According to what stated by the diaper, the new increase will be calculated based on the proportion of the salary of the retired, but be a certain amount of justice among the beneficiaries.