During today’s a press conference, the Finance Minister Faraj Boumtari clarified that the proposals of rationalizing expenditure and reducing the salaries of the Presidential Council, ministers and agents by 30% tend to reduce the gap between minimum and maximum salaries, stressing that ,for the first time in 7 months, the ministry had a salary system through which they matched the employees’ expenditure operations with the general quarters, and the cost-savings of the public expenditures reached one billion dinars in 2019.<\/p>\n\n\n\n
The minister considered that economic reforms were suspended due to monetary policy shortcomings confirming that they noticed a number of negative indicators related to growth. In fact, all positive indicators recorded in 2018 have begun to shrink.<\/p>\n\n\n\n
Boumtari said that, after the oil exportation was blocked, he presented a proposal to reduce the suggested financial arrangements for the level of expenditures to 40 billion dinars in 2020. However, they faced consultation and coordination issues.<\/p>\n\n\n\n
At the press conference today, Boumtari emphasized that the current problem is related to the previous appointments of 250,000 between the years 2013-2014 and 2015, and confirmed that 90% of these appointments lack one of the terms of staffing or financial coverage. <\/p>\n\n\n\n
The Minister also stressed that there should have been a clear monetary policy that would have resolved the private sector problem and created job opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"
During today’s a press conference, the Finance Minister Faraj Boumtari clarified that the proposals of rationalizing expenditure and reducing the salaries of the Presidential Council, ministers and agents by 30% tend to reduce the gap between minimum and maximum salaries, stressing that ,for the first time in 7 months, the ministry had a salary system […]<\/p>\n","protected":false},"author":1,"featured_media":31146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9271],"tags":[9537],"class_list":["post-31145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-boumtaripublic-spending"],"_links":{"self":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/31145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/comments?post=31145"}],"version-history":[{"count":0,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/31145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media\/31146"}],"wp:attachment":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media?parent=31145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/categories?post=31145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/tags?post=31145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}