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Laid Back

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Posts posted by Laid Back

  1. The Government of Iraq has embarked on a considerable modernization journey for the General Commission for Taxes (GCT) with the goal of expanding the revenue base following a tax/GDP decline of 1 percentage point in 2022 (from 2 percent in 2020). Taking into account the internal and external challenges, and the findings of the 2022 Tax Administration Diagnostic Assessment Tool (TADAT) and the existing plans of the authorities, the report highlighted core reform areas to be included in a reform plan for the GCT. The report also included an indicative integrated FAD/METAC mid-term capacity development (CD) plan for the next three years.


    Iraq continues moving Forward.

     

    Go Iraq 🇮🇶 

    Go revenue 

    Go stronger Dinar

     

    HLSEA2024011.ashx

     

    • Thanks 6
  2. ”The government took a series of executive measures and adopted a package of financial decisions that resulted in reducing the external public debt by more than 50%, bringing the debt down from $19.729 billion in late 2022 to $15.976 billion in 2023. “Righting to approximately $8.9 billion this year.”


    This is the right move to support short term economic growth.!

     

    Go Iraq 🇮🇶 

    Go economic growth 

    Go stronger dinar

     

    • Thanks 1
    • Upvote 4
  3. “The Iraqi government declared, on Monday, a 50% reduction in external debt, reaffirming its commitment to ushering in a qualitative shift in the Iraqi economy.”

     

    “According to government spokesperson Basim Al-Awwadi, "As a testament to the government's transparency in economic endeavors and to keep the national and international media and public informed about Iraq's economic performance”

     

    “these steps pave the way for further integration of our country into the international economic cycle.”

     

    Iraq is moving forward towards an Open Market Economy to be part of the international economic cycle.

     

    A stronger dinar is closer than ever.

     

    Go Iraq

    Go international 

    Go Open market economy 

    Go stronger dinar $1:1

    • Like 4
    • Upvote 7
    • Pow! 4
  4. On 4/5/2024 at 2:47 AM, cranman said:

    It's possible I guess.

    Who thought we woukd still be here 20 years later?

     

    It's a speculative investment with no guarantees. 

    You got that right, cranman 👍🏼

     

    On 4/5/2024 at 3:54 AM, stanleypower said:

    Looks like they're just compounding chart data. I wouldn't put much credence in this. IMO

    I agree. Thanks for your input.!

    • Like 1
    • Upvote 2
  5. I found this in Google.!
     

    Future prediction

    Iraqi dinar future prediction

    IQD to USD Forecast for the next 5 years

    The IQD to USD forecast for the next 5 year indicates that the IQD/USD exchange rate will be $ 0.000677 5 years from now. This would be a -11.44% decrease compared to the current rate.

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