An economist explains how to save a trillion dinars annually from real estate bonds

An economist explains how to save a trillion dinars annually from real estate bonds

10-3-2022

An economist explains how to save a trillion dinars annually from real estate bondsThe Information/Baghdad…
The economic expert, Abdul Salam Hassan, explained how to save amounts exceeding one trillion dinars annually through real estate bonds, pointing to the possibility of canceling the joint bond for real estate or land and opening a window to issue independent bonds for each person according to the area he owns.
Hassan told Al-Maalouma, “The government can move towards taking measures and providing funds to the state treasury through real estate transactions in the registration departments, in addition to that these funds contribute to eliminating unemployment and providing job opportunities.”
He added that “there is a possibility for the state to obtain a trillion dinars annually officially by granting independent real estate bonds for lands and real estate instead of issuing bonds containing the names of partners in the full real estate space.”
And he indicated that “amounts of up to 3 trillion annually are paid under the table to the official authorities under the title of qualitative fines for real estate that is being divided, between the partners, while it is possible to legalize this matter and issue a separate bond for each person with the space he owns, which brings large sums to the state and ends the existing state of corruption in some transactions. finished 25

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