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Oil revenues are not enough to pay the salaries of employees in the next year

8/26/2015

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   Continue . And babysit -warned of the economic and investment commission in Parliament, that the oil revenues will not be sufficient to pay the salaries of state employees over the next year. Committee member Najiba Najib confirmed, that "the government will face difficulty in providing the employees' salaries during the next year." Najib explained that "the state departments salaries estimated at five trillion dinars and it is not easy for the government the amount supplied during the next year in light of falling world oil prices." Najib called on the federal government to "take some action, including the reliance on the private sector and support for the central bank to provide liquidity." Adding that "the federal budget for next year 2016 do not bear the implementation of projects."  SOURCE

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