Learn about the final text of the Budget Law 2018

Learn about the final text of the Budget Law 2018

09-04-2018 02:33 PM

Learn about the final text of the Budget Law 2018Baghdad News –

The final text of the Budget Law 2018 financial, and published through the Iraqi Chronicle on 2/4/2018.

The budget items contained many paragraphs that did not leak to the media, after the House of Representatives leaked texts that do not contain these paragraphs to the media.

The most prominent paragraphs published in the journal facts are the settlement of the receivables of the Kurdistan region and the federal government for the years 2004 to 2017, and subject to audit financial control and final accounts, which has escaped the Kurdistan Regional Government much in the past.

The budget also stipulates the calculation of the quantities exported from Kirkuk oil between 2014 and 2017, and the clearing with the amounts given to the Government of Kirkuk, and deducted from the share of the region for the current year 2018, in addition to obligating the government of Erbil to export at least 250 thousand barrels per day of oil, The federal government will not meet its obligations to pay Peshmerga salaries and staff in the region.

The budget also provides for the non-appointment of any leadership positions (general manager and above) unless there is a degree in the law of the ministry or the non-linked to the Ministry, and the referral of special grades (general manager and above), which does not manage any administrative formation at the level of the Directorate General and above To retire, which means referring 34 general managers appointed by Prime Minister Nuri al-Maliki, directors-general without positions.

In Article 14, the law stressed that the Information and Communications Authority obliged the mobile phone companies to pay their amounts of fines and financial obligations during the first half of 2018, as the Information and Communications Authority has not responded to the debts of companies and taxes since 2010, The sales tax on the mobile phone and internet service is 20%, and its revenues are the final revenue of the general treasury, and the airport fees are charged for travel tickets worth 25 thousand dinars for foreign trips and 10 thousand for the interior.

According to the law, imported alcoholic beverages are to be fined 200% of the value of the imported goods to be met at the border port. A tax on containers, ice cream, dairy products, juices and imported soft drinks shall be imposed on 25% of the value of imported goods.