Iraq’s Presidency issued a draft-law on Monday for the monthly salaries of high-ranking officials and employees, already approved by the Council of Ministers, a copy of which was sent to the Parliament, according to Aswat al-Iraq news agency.
The draft-law would set the basic monthly salary of the President and the Prime Minister at 8 million Iraq dinars [$6,800], with an additional 4 million dinars as 'allocations'.
The draft-law has also defined the salary of the Parliament’s Speaker at 12 million dinars per month.
Vice-Presidents' and Deputy Prime Ministers' salaries are also to be set at 8 million dinars, with 3 million as allocations, whilst the Deputy Parliament Speaker will get a monthly salary of 10 million dinars.
Each cabinet minister, the draft-law said, will get 5 million dinars per month and 3 millions as allocations, whilst the monthly salary of members of parliament will be 8 million dinars, along with 3.5 millions monthly for officials with the post of under-secretary of each ministry, plus 2.5 million dinars as service allocations.
An official with a director-general’s post will get 2.5 million dinars, as basic salary, in addition to 1 million dinars as allocations.
The draft-law had also defined the salary of high-ranking employees to be 40 percent of their basic salaries, in addition to 80 percent for those of 1st, 2nd and 3rd degrees, 150 percent of basic salaries of 4th, 5th and 6th grades and 200 percent for 7th and 8th ranks.
The draft-law had defined the remaining salaries for other officials and retired employees, governors and Council members, accordingly.
(Source: Aswat al-Iraq)
[...] tried to appease citizens by diverting money from fighter jets to food, giving out free power and cutting their own pay, were quick to act after Friday’s “Day of Rage” when at least 10 people died and [...]
Investors in the Iraqi dinar might need to look closely at these numbers.
Ya after reading this I don't think they plan on and RV or RI
Hmmm.... Maybe they will surprise us all by Oct. 23rd.