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Parliamentary Economy: the difficulty of paying salaries through 2016

8/24/2015

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Likely a member of the economic and investment commission in the House of Representatives Najiba Najib, Monday, that the government will face difficulty in providing the employees' salaries over the next year.....Obelisk: likely a member of the economic and investment commission in the House of Representatives Najiba Najib, Monday, that the government will face difficulty in providing the employees' salaries over the next year, pointing out that oil prices lead to lower revenues and the government gives priority to the fight against terrorism and the provision of services for the displaced. Najib said in a statement I followed the obelisk, the salaries of employees in the country estimated at five trillion, pointing out that that amount is not easy for the government by providing over the next year.


Parliamentary Legal Committee and confirmed in the middle of this month, that the legal and parliamentary finance committee will work on the study of the budget next year, pointing out that the legal representative recommended that the ministries of planning and finance the completion of the budget in 2016 and sent to Parliament before the end of the month of December next.

It member of the economic and investment commission in the House of Representatives Najiba Najib that the federal government should take some action to rely on the private sector by the budget for next year does not bear the implementation of projects .

Najib noted that oil revenues will not be sufficient to pay the employees' salaries over the next year, to follow up on the central bank to provide liquidity by the economic confrontations facing the state.

The parliamentary finance committee and revealed earlier, a tendency to reduce the ministries, agencies and government entities expenses to the lowest level in order to reduce the fiscal deficit in the federal budget size.
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