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Economy News» Publishes The Budget Law 2018 !


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Wtf - This Is Total Alcohol Abuse ! :o 

 

:D  :D  :D 

 

 

LINK
In the document .. Finance directed customs to impose
a fine of 200% on alcoholic beverages


باÙÙØ«ÙÙØ©.. اÙÙاÙÙØ© تÙج٠اÙÙÙار٠بÙرض غراÙØ© 200% عÙ٠اÙÙشرÙبات اÙÙØ­ÙÙÙØ© 

 

8th April, 2018

The newspaper Al-Ghad Press received Sunday a document issued by the Ministry of Finance requesting all border crossing points to impose a 200% fine on imported alcoholic beverages.

While a tax on sweets, ice cream, dairy products, juices and soft drinks was imposed at 25%, according to the Financial Budget Law of 2018.

 

%D9%81%D8%B1%D9%8A%D9%85%20%D8%A7%D9%84%
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"Obstacle" publishes the final text of the Budget Law 2018


110751.jpg?width=750&&height=375&watermark=4 

 

9th April, 2018

The obelisk, Monday, April 9, 2018, on the final text of the Budget Law 2018 financial, and published through the Iraqi Chronicle on 2/4/2018. 

The budget items contained many paragraphs that did not leak to the media, after the House of Representatives leaked texts that do not contain these paragraphs to the media.

The most prominent paragraphs published in the journal facts are the settlement of the receivables of the Kurdistan region and the federal government for the years 2004 to 2017, and subject to audit financial control and final accounts, which has escaped the Kurdistan Regional Government much in the past. 

The budget also stipulates the calculation of the quantities exported from Kirkuk oil between 2014 and 2017, and the clearing with the amounts given to the Government of Kirkuk, and deducted from the share of the region for the current year 2018, in addition to obligating the government of Erbil to export at least 250 thousand barrels per day of oil, The federal government will not meet its obligations to pay the salaries of the Peshmerga and staff in the region.

The budget also provides for non-appointment in any leadership positions "Director General and above" unless there is a degree in the law of the ministry or the non-linked to the Ministry, and referral of special grades, "Director-General and above," which does not manage any administrative formation at the level of the Directorate General and above To retire, which means referring 34 general managers appointed by Prime Minister Nuri al-Maliki, directors-general without positions. 

In Article 14, the law stressed that the Information and Communications Authority obliged the mobile phone companies to pay their amounts of fines and financial obligations during the first half of 2018, as the Information and Communications Authority has not responded to the debts of companies and taxes since 2010, The sales tax on the mobile phone and internet service is 20%, and its revenues are the final revenue of the general treasury, and the airport fees are charged for travel tickets worth 25 thousand dinars for foreign trips and 10 thousand for the interior.

According to the law, imported alcoholic beverages are to be fined 200% of the value of the imported goods to be met at the border port. A tax on containers, ice cream, dairy products, juices and imported soft drinks shall be imposed on 25% of the value of imported goods.

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On 4/7/2018 at 10:56 PM, capote said:

This site has posted a translation of the 2018 and 2017 total budget expenditures for Iraq's ministries.  The source is included below the chart.

 

Interesting to see such a huge increase in spending for Electricity and other core infrastructure, as the war against ISIS winds down.  However, this seems to be mostly paid for by the massive cuts to Kurdistan's funding. 

 

Cuts to the interior and defence may be premature, as well as to the PMF.  I could see this backfiring, especially if the PMF have the option of just looting instead.

 

LINK

total_budget.PNG

 

Great find!

sure looks like billions to me!

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33 minutes ago, gregp said:

 

Great find!

sure looks like billions to me!

 

But it says 1,000 dinars above those figures. Do you multiply those figures by 1,000 and would that make it trillions?....and why would they do that unless it's just because the numbers are too long to put in the graph if they don't do it that way. 

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33 minutes ago, Rmc10 said:

 

But it says 1,000 dinars above those figures. Do you multiply those figures by 1,000 and would that make it trillions?....and why would they do that unless it's just because the numbers are too long to put in the graph if they don't do it that way. 

 

Well dang.  😂😂

I missed that.  

Here’s to another year! 

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1 hour ago, Rmc10 said:

But it says 1,000 dinars above those figures. Do you multiply those figures by 1,000 and would that make it trillions?

 

1 hour ago, gregp said:

Well dang.  😂😂

 

Maybe they plan on removing the "(Thousand Dinars)" throughout the budget when they delete the 000's ? 

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2 hours ago, Rmc10 said:

 

But it says 1,000 dinars above those figures. Do you multiply those figures by 1,000 and would that make it trillions?....and why would they do that unless it's just because the numbers are too long to put in the graph if they don't do it that way. 

 

Add 000 to the end of those figures, so yes some budgets are literally in the trillions of Dinars. 

 

And you are right, the Government do it just to save space on the page.  That's a lot of paper!

Edited by capote
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Are these stacks of brand new bills the lower denoms? Or am I dreaming?

Learn about the final text of the Budget Law 2018

April 9, 2018
09-04-2018 02:33 PM

 

Readers
image.php?token=76b8d7cb943cc6e33fde0c47726921b0&size=

 

 

Baghdad News –

 

 

The final text of the Budget Law 2018 financial, and published through the Iraqi Chronicle on 2/4/2018.

The budget items contained many paragraphs that did not leak to the media, after the House of Representatives leaked texts that do not contain these paragraphs to the media.

The most prominent paragraphs published in the journal facts are the settlement of the receivables of the Kurdistan region and the federal government for the years 2004 to 2017, and subject to audit financial control and final accounts, which has escaped the Kurdistan Regional Government much in the past.

The budget also stipulates the calculation of the quantities exported from Kirkuk oil between 2014 and 2017, and the clearing with the amounts given to the Government of Kirkuk, and deducted from the share of the region for the current year 2018, in addition to obligating the government of Erbil to export at least 250 thousand barrels per day of oil, The federal government will not meet its obligations to pay Peshmerga salaries and staff in the region.

The budget also provides for the non-appointment of any leadership positions (general manager and above) unless there is a degree in the law of the ministry or the non-linked to the Ministry, and the referral of special grades (general manager and above), which does not manage any administrative formation at the level of the Directorate General and above To retire, which means referring 34 general managers appointed by Prime Minister Nuri al-Maliki, directors-general without positions.

In Article 14, the law stressed that the Information and Communications Authority obliged the mobile phone companies to pay their amounts of fines and financial obligations during the first half of 2018, as the Information and Communications Authority has not responded to the debts of companies and taxes since 2010, The sales tax on the mobile phone and internet service is 20%, and its revenues are the final revenue of the general treasury, and the airport fees are charged for travel tickets worth 25 thousand dinars for foreign trips and 10 thousand for the interior.

According to the law, imported alcoholic beverages are to be fined 200% of the value of the imported goods to be met at the border port. A tax on containers, ice cream, dairy products, juices and imported soft drinks shall be imposed on 25% of the value of imported goods.

Click on the link to view the documents

 

https://drive.google.com/file/d/1iJn-MQANGLnnVgjE4srT8sjFAwKb8EuU/view

http://www.baghdadnews.info/index.php?page=article&id=35690

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9 minutes ago, normala rashid said:

50 already sell ?  i just saving 25k  iqd only . 

 

Ya the 50's went out of circulation a couple years back. You have the right notes if you have the 25,000 notes. You can buy the others too but Adam has always said you don't need to.

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