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Iraqi Finance Minister Confirms Full Salary Security
The Iraqi Minister of Finance, Falah Shary, confirmed that the salaries of Iraqi workers are fully secured and that there is a plan to distribute them not every 45 days as previously done. He stated that the monthly salary expenses amount to approximately 7.7 trillion dinars and that the ministry is working on addressing inflation in financial costs, controlling expenditure, and increasing efficiency. He also pointed out the ministry’s efforts to expand the tax base by adopting the tax identification number, targeting around 3,800 major taxpayers, of whom about 1,300 are currently complying with payments. He explained that there are significant financial dues owed to the ministry, reaching up to 20 trillion dinars, and that efforts are underway to organize and manage these debts. Additionally, there is a plan to benefit from the Saudi-Kuwaiti oil pipeline across the Red Sea, which has a capacity of two million barrels per day, and through which Iraq could potentially participate.
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