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Showing results for tags 'pm economic advisor salih'.
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A proposal to suppor t the Generations Fund from the Kuwait war compensation funds after its end Time: 09/04/2021 15:12:38 Reading: 1,950 times {Economic: Al Furat News} The economic advisor in the Prime Minister's Office, Mazhar Muhammad Salih, disclosed today, Saturday, a proposal to support the Generations Fund after the end of the compensation paid by Iraq to Kuwait against the background of the invasion in 1990. Saleh said in a statement to {Euphrates News}: "We suggested that the funding of the Generations Fund be after the end of the compensation for the Kuwait war, which will end after 6 months from now." He added, "The transfer of compensation amounts to the fund, in our estimation, is the mechanism that will maintain a ratio of 3 to 5% paid to the Generation Fund through properly managed internal and external investments that are linked to the higher authorities of the executive or legislative authorities." Raghad Daham
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A new tax law and determining who is covered by it Time: 08/31/2021 08:18:51 Reading: 3,185 times {Local: Al Furat News} The government is currently working on preparing a new tax bill to be more fair and define who is covered by it. The economic advisor to the Prime Minister, Mazhar Muhammad Salih, said in a press interview, “Taxes are an important resource for the state, and Iraq is the least in the world in collecting taxes, and it reaches between 2-1%,” calling for “the need for there to be tax justice, as it is an important matter.” ". He added that "the government is in light of legislating a new tax law at the technical level, and if it is completed, the law will go to the State Consultative Council, then it will be submitted to the Council of Ministers for approval, and then it will go to Parliament," noting that ""the issue needs time, especially with the circumstances of the elections. There is no time for the current parliament. And he added, "The tax should not be arbitrary, but rather a simple contribution that encourages people to pay and not evade it, and it must be reasonable and have a wide area, and there must be exemptions, especially for the poor, that is, it must be fair." And Saleh indicated that "the tax procedures must be simplified and covered in large areas, as the taxpayer considers it a national duty and not a social burden," noting that "the tax culture in Iraq is incorrect, and taxes are supposed to go to meet needs within society, so tax justice must be available." It must be taken from the sources included in it.” Forgiveness of Lights