Parliamentary finance reveals a request by the International Monetary Fund to Iraq related to oil

Parliamentary finance reveals a request by the International Monetary Fund to Iraq related to oil

2018-02-18 at 13:18 (Baghdad time)

Parliamentary finance reveals a request by the International Monetary Fund to Iraq related to oilSpecial – Mawazine News
A member of the Finance Committee MP Masoud Haider, on Sunday, the need to regulate taxes within a special law away from the general budget, noting that the International Monetary Fund demanded Iraq to increase non-oil revenue and turn its economy to non-oil, even partially by 20-25%.
“The government was clear to impose taxes on some private sectors and according to the law,” he said in an interview with Mawazin News. “The International Monetary Fund has demanded that Iraq increase its non-oil revenues and turn its economy into non-oil, % To be like other countries. ”
He added that “the parliamentary finance committee considers it necessary to regulate taxes through a special law, but the Iraqi government put it within the budget for the year 2018,” adding that “if tax was imposed on citizens in the way that exhausts, the House of Representatives has the right to reject it or Vote on them through the discussion of the General Budget Law, which is difficult to pass because of the opposition of Kurdish MPs and Sunni blocs and some of the provinces of oil-producing provinces. ”
The MP for the State of Law Mansour al-Baiji pointed out in a statement that there is a tendency to impose new taxes on citizens by the budget of 2018 under pressure from the World Bank to grant loans to the country.

mawazin.net