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Non-oil incomes decreased by 42% in past three months: MP

  2021-07-08  | 
 Zhyan News Network
The Kurdistan Parliament meets in Erbil, Kurdistan Region, July 8, 2021. Photo by Kurdistan Parliament Livestream/ Screengrab
 Zhyan News Network

SULAIMANI – Incomes garnered internally in the Kurdistan Region have declined by 42% in past three months "without a reason," a lawmaker said on Thursday (July 8), calling for the Kurdistan parliament presidency to authorize the Finance and Economy Affairs Committee to make integration into the issue.

On Thursday, the Parliament held a session to discuss first amendments to Law on Rights and Privileges of Persons with Disabilities and Special Needs, a bill on Iraq Stamp Duty Law Application and amendments to Law on Industrial Investment for Private and Mixed Sectors.

“The incomes have decreased by 42 percent in Sulaimani, likewise in Erbil and Duhok,” lawmaker Ali Hama Salih, the member of the finance committee at the Kurdistan Parliament briefed the legislature.  

The revenues collected internally from taxes, customs, fees and others have declined from 374 billion Iraqi dinars to 217 billion Iraqi dinars, Hama Salih, who is from the Change Movement (Gorran) said.

“Half of the 217 billion Iraqi dinars for June has not been returned to the government as of yet,” the lawmaker claimed. “Meaning, the half of the local incomes has been seized."

The Finance and Economy, Energy, Natural resources, Commerce and Industry and Legislative committee said in a statement that a joint committee has recently met to review the oil file and the incomes and costs of the companies should be reorganized."

The committees have called on the KRG to accelerate its reform package so that the costs of the oil companies will be reduced by 58 percent.

"Salary cuts was an illegal decision by the KRG Council of Ministers, thus the Kurdistan Parliament should revoke the illicit decision through  a decision," Sipan Amedi, said in the legislature. 

The KRG has slashed the public pays by 21 percent in the first five months in 2021 and has started paying salaries by the same cuts for Jun despite a substantial rise in the global oil prices and the devaluation of the Iraqi dinars to the US dollars by over 25 percent since December.

“If the 157 billion Iraqi dinars are restored, as well as oil’s incomes have increased by $50,” he said, noting by that the salary cuts can be wrapped up by the KRG.

Throughout 2020, the KRG missed five months’ worth of salaries to its public servants and paid one in full and slashed others by either eighteen or twenty-one percent citing the COVID-19 pandemic, budget with Baghdad and low oil prices. 

On June 28, Secretary of KRG Council of Ministers said that the government $31.6 billion in debt, including an amount of nearly $4.5 billion increased to the KRG’s debts since May 2020 when Prime Minister Masrour Barzani took office.

27 lawmakers have recently filed a petition, seeking the illegalization and putting an end to salary cuts imposed by the Kurdistan Regional Government (KRG) since 2020.

(Zhyan English)