Economists demanding an collection system “is protected from corruption.”

Economists demanding an collection system “is protected from corruption.”

05/01/2015 (00:01 pm)

The head of the minister for economic affairs adviser, that the taxes on the citizens would not be great but it will cover part of the budget deficit, noting that placed the government’s plans to raise taxes and external and internal loans will cover the deficit, and called upon the economic expert to develop a collection system “is protected from corruption “To obtain the tax, a representative of the private banks confirmed that private banks will take a role in the next phase.
He said the prime minister for economic affairs adviser appearance of Mohammed Saleh on the sidelines talk symposium hosted by the Iraqi Institute for Economic Reform and the Association for Iraq banks, and attended (range Press), that “taxes on the citizens would not be great but it will cover part of the budget deficit,” adding to “set the government’s plans to raise taxes and external and internal loans will cover the deficit.”
Saleh added, “There are a lot of doors deficit financing, including internal and external loans and remittances from international Islamic bank and payment on credit,” noting that “the Central Bank will play a major role in the next phase to support the private sector will be religious tourism activation. ”
For its part, indicated an economic expert Thuraya Khazraji, to the need that “there will be a new collection in obtaining the tax system,” calling for “activating religious tourism and enact a law to increase taxes on visiting the holy shrines from outside Iraq.”
Khazraji said, “The tax increase will not work because the problem in tax collection, which has been marred by corruption”, stressing the need to “be there measures to improve tax collection system.” She drew Khazraji, to “the need to estimate the oil price lower per barrel in order that there will be a surplus of the budget is placed in a special fund prevents crises,” indicating that “many countries are following this matter.”
For his part, the Executive Director of the Association of private banks in Iraq, Tariq vacationer , that “the private banks will take their role in the next phase,” adding, “there are a number of proposals submitted to the government, including the establishment of the Deposit Insurance Corporation to increase the deposits of citizens in banks.”
He added vacationer, that “banks must take their role in the next phase, especially in light of the decrease Oil prices, in order to have a role in the development and support of the private sector wheel. ”
He pointed vacationer, to be “among the proposals submitted to the government is that there will be a contribution in support of infrastructure projects through the partnership a number of banks to grant loans to finance those projects. ” The Finance Minister Hoshyar Zebari said last week at a news conference that the ministry directed ministries to impose taxes on services such as electricity, water and hygiene.
She was a member of the Finance Committee in the House of Representatives Magda Tamimi announced, in (December 25, 2014), that “the new increase in the ladder employees’ salaries will not acted within the budget of 2015, as shown that the grades will be limited to some of the ministries, confirmed that cover the budget deficit will be through taxes on the mobile phone and the new car and the Internet.
The Iraqi Council of Representatives held on (December 25, 2014), its exceptional Private discuss the financial budget bill for the next year in 2015, led by its President, Salim al.
The Iraqi Council of Representatives, announced in (December 25, 2014), that the Prime Minister Haider al-Abadi signed a draft financial budget bill for the next 2015, and sent it to the House of Representatives, as he emphasized that al-Abadi told to vote on it.
He called on the Iraqi Parliament Speaker Salim al-Jubouri, in (23 December 2014), to hold a special session to discuss the financial budget bill for the next year in 2015, after approval by the Cabinet.
The Iraqi cabinet, has approved, On Tuesday, (December 2014 23), a project of public finance budget bill for the next year in 2015, while decided to allocate it to the House of Representatives to vote Alih.oaaln Information Office of the Prime Minister Haider al-Abadi, in (23 December 2014), the Council of Ministers approved on the federal budget for 2015 B123 trillion dinars, and as pointed out that the price speculative oil was about $ 60 a barrel, most likely the House of Representatives held its about the budget after eight days.
The Parliamentary Finance Committee has revealed, in (14 December 2014), for Efforts government to address the budget deficit because of falling global oil prices through a series of austerity measures that would provide at least $ 13 billion, the Commission predicted that the government resorted to dispose of 50 percent of the Rafidain bank reserves and good governance, as well as borrowing from the balance of the commercial bank and fund minors, The Committee also suggested that includes austerity “luxury expenses sovereign” which said it accounts for 10 percent of the country’s budget.
It is noteworthy that the Prime Minister, Haider al-Abadi, revealed in (the twentieth of October 2014), during a press conference after his meeting with Shiite cleric Top, Ali al-Sistani, in Najaf, and attended, (long-Presse), to discuss the cabinet issue of the budget three times, and that the Council will prepare a budget in which a military spending as a fait accompli, noting that the budget in 2015, will be based on the 2014 current budget, because there are problems itself, of oil from Kirkuk and stopped completely, as well as lower world prices, and expectations about to fall over, for this, the Council of Ministers decided to austerity.
The experts and officials confirmed, that Iraq is losing annually an amount up to $ 20 billion in tax revenues, due to corruption fulfillment of duties customs at border crossings and tax evasion.

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