Parliamentary committee calls on the government to start implementing the White Paper and warns of “a catastrophic matter”
Parliamentary committee calls on the government to start implementing the White Paper and warns of “a catastrophic matter”
2020-11-29
On Sunday, the head of the Parliamentary Committee to Follow Up the Governmental Program, Hazem Al-Khalidi, presented several proposals to maximize non-oil imports, and while he warned that the continued movement on the cash reserves in the Central Bank was a “catastrophic matter,” he called on the government to start implementing the White Paper.
Al-Khalidi said in a press interview, “The proposals presented by the Finance Committee are in line with the reforms that we talked about at the time of discussion of the Fiscal Deficit Financing Law, which are general and necessary reforms looking to maximize non-oil revenues for the coming period.”
Noting that “the previous period did not witness any discussion or adoption by the governments of the issue of promoting non-oil imports and relied completely on oil, which led to a major defect that caused the delay in salaries for employees.”
He added, “Among the doors to maximizing imports are the border crossings in all provinces, including the Kurdistan region, which in the event that it is automated and controlled electronically, it will enhance state revenues that may reach six billion dollars annually in addition to controlling the currency auction will boost the state’s imports by more than five Billions of dollars, and the mobile phone file and the fourth generation licenses may be an important supporter of non-oil revenues, ”
Pointing out that “there are pressures that may be exerted on the government from some political parties, but this does not mean the government’s inability to implement reforms and maximize non-oil revenues as well as fight corruption and enhance the country’s financial situation.”
He pointed out that “moving on the cash reserve in the Central Bank is a catastrophic matter in case it continues, and the government should implement its ministerial program in addition to expediting the completion of the budget for the next year and sending it to the House of Representatives because it is long overdue considering that the law obliged the government to send it a month and a half ago to Parliament”.
Al-Khalidi stressed, “The government must start implementing the White Paper that it announced, especially since most of its doors are from the authority of the executive authority and do not need parliamentary legislation, but unfortunately until the moment we have not found any actual government action to implement it.”
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