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Salary Insurance: Re-deduction of 8 trillion dinars of bonds

Baghdad-ALSHARQIYA   July 2 : The Central Bank of Iraq announced a re-deduction of bonds in favor of the Ministry of Finance by about 8 trillion dinars in order to secure salaries for a period of three months. The director of accounting at the Central Bank, Ihsan Shamran, said that these bonds would enable the Ministry of Finance to secure employee salaries for the months of July, August and September. He pointed out that the bank made it easier for the finance process to repay the debt for 10 years.

Shamran suggested that the salaries of employees be paid at the beginning of next week, and he said that the central bank deposited 4 trillion and 300 billion dinars in bank accounts since last Wednesday, and that the finance can receive these funds from banks

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