"Some media outlets and social media outlets have recently reported that the president has protested against the law; but it should be announced that the president has not objected to the law," the presidency office was quoted by Al-Sumaria News as saying.
The statement added: "The law will go into effect since the time that it has been passed in parliament and the executive and staff rights will be delivered to government institutions under the law."
It should be noted that Hassan al-Kaabi, the deputy speaker of the Iraqi parliament, stressed on Thursday that the president has no right to veto laws or object to them and return them to the parliament.
Salih blamed last Friday, November 13, the approval of the Fiscal Deficit Financing Law by the Iraqi parliament without the presence of Kurdish parliament members.
Salih called the move a negative precedent in political work and that the law for providing salaries for public servants in the country cannot be complete without a solution to the salaries of their peers from the Kurdistan Region.
The Iraqi president said in a statement that civil servants in the Kurdistan Region are Iraqi citizens and have their rights stipulated in the Constitution.
Earlier on Thursday, November 12, the Council of Representatives approved the draft Fiscal Deficit Financing Law to fill deficits through borrowing 12 trillion Iraqi dinars (some $10 billion) in internal and external loans to finance the salary payments to public servants and other expenditures for the last three months in 2020.
The Sunni and Shia caucuses passed the law without consent from the Kurdish caucuses, after the Kurdish caucuses walked out of the floor debate in protest of the Kurdistan Region's share from the loans.
According to the legislation, the KRG should commit to hand over an amount of barrels of oil per day (bpd) to the federal government that will be determined by the State Organization for Marketing of Oil (SOMO) in order to receive 320 billion Iraqi dinars to pay its civil servants.
Reporter's code: 50101