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Parliamentary finance reveals a request by the International Monetary Fund to Iraq related to oil


yota691
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Parliamentary finance reveals a request by the International Monetary Fund to Iraq related to oil

 

 Since 2018-02-18 at 13:18 (Baghdad time)

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Special - Mawazine News

A member of the Finance Committee MP Masoud Haider, on Sunday, the need to regulate taxes within a special law away from the general budget, noting that the International Monetary Fund demanded Iraq to increase non-oil revenue and turn its economy to non-oil, even partially by 20-25%.

"The government was clear to impose taxes on some private sectors and according to the law," he said in an interview with Mawazin News. "The International Monetary Fund has demanded that Iraq increase its non-oil revenues and turn its economy into non-oil, % To be like other countries. "

He added that "the Parliamentary Finance Committee considers it necessary to regulate taxes through a special law, but the Iraqi government put it within the budget for the year 2018," saying that "if tax was imposed on citizens in the way that exhausts, the House of Representatives has the right to reject it or Vote on them through the discussion of the General Budget Law, which is difficult to pass because of the opposition of Kurdish MPs and Sunni blocs and some of the provinces of oil-producing provinces. "

The MP for the State of Law Mansour al-Baiji pointed out in a statement that there is a tendency to impose new taxes on citizens by the budget of 2018 under pressure from the World Bank to grant loans to the country.

 

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1 hour ago, yota691 said:

to increase non-oil revenue and turn its economy to non-oil, even partially by 20-25%.

see if I remember what they have over their ,    mmm,  clothing , ( import )   automobile industry (import)  footwear (1/2 import ---other half, sandals ,made at home from oil products like auto tire treads )  home appliance (import) medical (1/2 import , other half voodoo ) <---- that might not be true :wacko:     then there is  the made at home stuff I suppose ,   housing  ( non imported /  domestic )  livestock farming ( domestic )  farming food supply (  domestic )  laborer domestic worker ( 1/2  import  alien :lol:  1/2 Iraqi )  I can`t think of many more that would not be oil related !  ------------ > foot note  : the automobile industry , cars coming into be sold , and repair parts

Edited by jeepguy
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Just now, jeepguy said:

can`t think of many more that would not be oil related

Here a couple more....Gold, Gems, precious metals Fruits, nuts, Raw Plastics, Electronic equipment, Wood pulp, Machines, engines pumps, Gums, resins, Medical  technical equipment, Electronic equipment, Vehicles, Iron or steel, Pharmaceuticals, Furniture, lighting, signs, clothing, Cereals, Dairy, eggs, honey, cement

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8 hours ago, yota691 said:

noting that the International Monetary Fund demanded Iraq to increase non-oil revenue and turn its economy to non-oil, even partially by 20-25%.

This was Shabibi’s definition of “economic security” when he was the CBI Governor. His mantra, if I recall correctly, was that Iraq needed political and economic security for the RV to happen. 

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8 hours ago, TOMINVEGAS said:

"The International Monetary Fund has demanded that Iraq increase its non-oil revenues and turn its economy into non-oil, % To be like other countries. "

 

They have been telling them them to do this for as long as I can remember— seven eight years or so....

 

 Too right ! They're just not very quick to catch on - that, and their stubborn unwillingness to face facts head on, coupled with the uncanny and unwavering ability to continually shoot themselves in the foot has brought them here to this most pivotal point in their History. You go Iraq ! :blink:

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9 hours ago, TOMINVEGAS said:

"The International Monetary Fund has demanded that Iraq increase its non-oil revenues and turn its economy into non-oil, % To be like other countries. "

 

They have been telling them them to do this for as long as I can remember— seven eight years or so....

 

exactly ,, maliki was to concerned about robbing the country blind , his time wrecked iraq for sure, corruption was in every level of the goi all the while being told to diversify to a free market economy again and again , maliki wanted to run everything thru baghdad like a dictator to plunder it all .. man im hoping they can turn the corner now  

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11 minutes ago, 3n1 said:

 

exactly ,, maliki was to concerned about robbing the country blind , his time wrecked iraq for sure, corruption was in every level of the goi all the while being told to diversify to a free market economy again and again , maliki wanted to run everything thru baghdad like a dictator to plunder it all .. man im hoping they can turn the corner now  

:twothumbs:

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