4.5 Trillions of tax revenues


26/12/2017 12:00 AM

BAGHDAD / Saad al-Samak
The General Authority for Taxation expected to exceed its total revenues for the current year 2017 to four trillion and 500 billion dinars. The head of the Commission, Najah Abbas said in a statement to the “morning” that the Authority has generated tax revenues amounted to four trillion dinars since the beginning of this year and until the end of last November, including 700 billion dinars of the trusts deposited with the Commission, an increase of 25 percent from last year, which is estimated With three trillions and 400 billion dinars.
Figures released by the Ministry of Finance show that tax revenues jumped in 2016 and 2017 to three times as high as between 2014-2015, which ranged between one trillion and 700 billion dinars.
She pointed out that the Authority’s departments in the provinces, despite their work in a difficult environment because most of the buildings occupied by them are rented and not adapted to the requirements of work, but it has been able since 2016 on the basis of self-capacity in improving the performance of the job and develop the method of dealing with taxpayers and the completion of tax identification system which The foundation is the process of reducing the similarities between the names of taxpayers of companies and individuals, business owners and professions with high incomes, noting that the number of identities granted within this system to more than 150 thousand identity.
It is worth noting that the government is continuing its drive to reform the national economy by diversifying sources of income and not relying mainly on oil imports as the main source of funding for the state budget.

http://www.alsabaah.iq/ArticleShow.aspx?ID=150082

 

Parliament offers 35 amendments to the budget and the government apologizes for its acceptance

Parliament offers 35 amendments to the budget and the government apologizes for its acceptance

 Baghdad / Mohammed Sabah

The 2018 budget faces a similar fate to the 2014 budget, the year in which large parts of the country were invaded.

The objections of various parliamentary parties threaten that the next fiscal year will be without budget. This speculation was reinforced by a public announcement issued by the Ministry of Finance calling on the state institutions to spend in accordance with the formula of 1/12 of them, in case the budget is not approved or delayed.
The House of Representatives ended the last legislative season in the fiscal year without succeeding in approving the budget next year as stipulated by the Constitution.
Despite this, the political blocs and the concerned committees continued their efforts to prepare the draft budget for the first reading after the resumption of parliamentary sessions early next month.
The parliamentary blocs gathered their remarks in which they expressed their dissatisfaction with some of the provisions of this draft, which exceeded the 35 observations stipulated by the government included in the draft for discussion in the House of Representatives. The observations are focused on petrodollar allocations, reconstruction allocations in the liberated areas, and the budget of the Kurdistan region. But MPs have blamed the International Monetary Fund for part of the delay in approving the budget because of negotiations with government delegations on cutting public spending and international loans.
The government sent the federal budget bill for 2018 to Parliament last November, at the last session of the legislative chapter.
“The transfer of the federal budget law for the year 2018 to the parliamentary finance committee involves a legal violation, because the House of Representatives has not decided to accept the draft sent by the government,” said MP Ahmad Hama Rashid, the committee’s financial advisor. “It is supposed to the House of Representatives to introduce the federal budget law to vote on its acceptance in principle to be referred to the Finance Committee or rejected and then returned to the government by the Presidency of the House of Representatives.”
The decision of the Finance Committee attributed the delay of Parliament to introduce the budget law to “the reluctance of the government to send the budget law for more than fifty days, which made it difficult task on the House of Representatives, which entered the legislative holiday,” confirming the arrival of the budget on 29/11 late hours. “The causes of the budget delay in the government is due to the negotiations that were conducted by the government committees with the International Monetary Fund on loans and reduce expenditures in the federal budget.”
The Kurdish MP believes “the inability of parliament to pass the federal budget for next year due to disagreements and observations by the blocks on the project,” pointing out that “at the end of each parliamentary session was no budget, and Sinaro will be repeated in 2014.” The member of the Finance Committee that “the political blocs have electoral programs so enter the budget within the electoral bidders”
The Speaker of the House of Representatives Salim Jubouri referred, earlier this month, the budget law 2018 to the Finance Committee to prepare a final version and collect all the observations and objections that belong to the blocks and integration in the project.
The House of Representatives concluded on November 29, its final legislative term in 2017. The Parliament held an extraordinary session to discuss the election law and the 2018 budget, but failed to discuss the two files.
The federal budget was estimated at 108 trillion dinars, with a deficit of 13 trillion dinars. And saw the reduction of the share of the Kurdistan region from 17% to 12.67%.
After receiving the budget law, the Finance Committee called on the political blocs, in early December, to send their comments on the draft law in a maximum of two days.
In this context, a parliamentary source familiar with the developments of the budget file, said that “the Finance Committee collected these proposals and observations and sent to the President of the House of Representatives, who in turn addressed the Prime Minister books asking him to include these proposals in the draft budget. The source, who spoke to (term) preferring anonymity, that “the blocks submitted 35 proposals to the Finance Committee, which sent in turn to the Speaker of the House of Representatives,”
explains the source informed the most prominent observations that the blocks included in the draft budget, Demands the allocation of funds for the reconstruction of liberated cities and the return of displaced persons.
The coalition of forces threatened last month to boycott parliament sessions because the allocation of displaced people and compensation to areas affected by military operations was not included in the budget.
In addition, the deputies of the oil provinces, a letter to the Presidency of Parliament demanding the government to comply with petrodollar allocations. While the Kurdish blocs demanded the retention of 17% as a share of the region.
The source added that “oil-producing provinces have expressed their opposition to the allocation of the government 5% of oil revenues as allocations for the petrodollar, and demanded that it be $ 5, as provided by the law of provincial councils.”
The parliamentary source said, “There are objections made by the Kurdish forces on reducing the budget of the Kurdistan region to 12.67%.”
The source pointed out that “the Prime Minister informed the parliament in an informal way not able to make these amendments,” and expected the presentation of the federal budget law for the first reading at the earliest meeting of the parliament.
According to the rules of procedure of the parliament in articles 22 (i) and (f), “The House of Representatives has an annual session with two legislative chapters of eight months, the first of which begins on March 1 and ends on June 30 of each year, the second of which begins on September 1 and ends on December 31” . “The legislative term, in which the general budget of the state is presented, is not terminated until it has been approved.”
Rahim al-Darraji, a member of the Finance Committee, said that his committee “sent the budget law accompanied by more than 34 comments to the speaker of parliament, which we asked to return to the government to include these amendments in the project.” Al-Daraji said in an interview with “Al-Mada” yesterday that “the most important amendments relate to the petrodollar, the budget of the region, the reconstruction of cities and displaced persons, the deduction of salaries and international monetary loans.” The member of the Finance Committee that ”

http://www.almadapaper.net/ar/news/540542/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D9%82%D8%AF%D9%85-35-%D8%AA%D8%B9%D8%AF%D9%8A%D9%84%D8%A7-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-%D9%88%D8%A7%D9%84

Iran has reopened an important border crossing with Irbil

 

The Iranian consulate in Arbil announced on Tuesday that the border crossing at Bakhamak in Mariwan had been reopened with Kurdistan for travel and trade purposes.
“The Iranian consulate in the city of Erbil explained that traders and passengers on both sides can benefit from this 24-hour international border crossing for travel and economic exchanges,” the Iranian news agency Mehr reported.
“Iraqi nationals with visas to Iran can travel through the Khosravi border crossing at Qasr Shirin, as well as the Pashmak crossing.

http://en.economiciraq.com/2017/12/26/iran-reopened-an-important-crossing-with-erbil/

 

Abadi ‘s economy announced the payment of salaries of the employees of the Ministry of Kurdistan and the scrutiny of two ministries

Twilight News

41 minutes ago

News / Prime Minister Haider Abadi announced the start of his government to pay salaries of staff of water resources of the Kurdistan Regional Government.

“We have begun to pay the salaries of the staff of water resources in the region, and we have audited the salaries of education and health in the region,”

he said, adding that it was assigned to the Ministry of Finance to go to the region to audit the salaries of all employees

The Iraqi Prime Minister Haider Abadi, During the last few years, the salaries of employees of the Kurdistan Region, but officials in the region see it is not serious

The crisis that occurred between Baghdad and Erbil several years ago because of the region’s direct oil export, led to the government cut salaries of staff of the region, Organizing a “preacher” on Vast land in Iraq.

The draft direct delivery of the salaries of the region is not new, Abadi suggested that on the Kurdistan last year, in exchange for the delivery of oil revenues to Baghdad, which was rejected by the authorities of the Territory at the time, but this condition became expired after the Kirkuk oil fields became under the control of the central government .

http://www.shafaaq.com/ar/Ar_NewsReader/7c88b24a-3a02-4400-b813-326b6398d63e

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