Economy Update – Baghdad
On Thursday, Minister of Electricity Ziyad Ali Fadel announced the approval of amendments to risk allocations for ministry employees, achieved without imposing additional financial burdens on the state treasury.
The Ministry’s statement highlighted that these amendments represent a significant advancement in administrative efficiency and financial planning. Minister Fadel noted, “These increases will be funded by reallocating and restructuring current budget items, thereby avoiding any further strain on the state budget.” He emphasized that this decision was taken under the guidance of Prime Minister Mohammed Shia Al-Sudani, demonstrating a commitment to prudent financial management while balancing enhancements in employee welfare with fiscal responsibility.
Fadel acknowledged the demanding nature of work in the electricity sector, underscoring the necessary sacrifices made by the technical and engineering staff. The recent decision introduces a comprehensive set of increases in financial allocations, as detailed below:
| Position/Role | Allocation Increase | Final Percentage | Remarks |
|---|---|---|---|
| Technical and Crafts Staff (Custodians and Transportation) | 25% | 75% | Reflects hazardous maintenance duties |
| Metric Readers | 25% | 75% | Dependent on actual collection performance |
| Administrative, Financial, Supervisory and Informational Staff | 20% (up from 6%) | 70% | Recognizes their key roles in institutional management |
| Legal Staff | 15% (up from 6%) | 65% | Includes a 10% increase for outstation workers |
Minister Fadel articulated the dual objectives of this decision: to enhance employee motivation and improve their living conditions amidst ongoing challenges, and to uphold financial discipline by efficiently reallocating existing resources. He affirmed that this initiative aligns with the Ministry’s vision to advance the electrical sector and bolster service delivery to citizens.
