PDA

View Full Version : Iraq expenses 40 billion USD for the monthly salary of the public sector employees



Investors Iraq News
03-20-2014, 01:23 PM
Iraq expenses 40 billion USD for the monthly salary of the public sector employees

The previous deputy governor of the Central Bank of Iraq (CBI), Mr. Muthehar Mohammed has confirmed that around 40 billion USD have been spent by Iraq as salaries for the country’s

Source: IraqDirectory.com (http://www.iraqdirectory.com/en/2014/03/20/26700/iraq-expenses-40-billion-usd-for-the-monthly-salary-of-the-public-sector-employees.aspx)

Post your commentary below.

Screaming Eagle
03-20-2014, 02:50 PM
BS, maybe $40 billion for the yearly salaries of the public sector employees. $40 billion month would be $480 billion a year and 4 times their budget or GDP.