Economy News-Baghdad
The Prime Minister’s Adviser for Economic Affairs, Haitham al-Jubouri, presented an economic vision that is summed up in converting four ministries to a self-financing system, restoring the dollar exchange rate and unifying employee salaries .
Al-Jubouri said, according to the official Al-Sabah newspaper, that “there is an economic vision for the next phase, some of which have been written. From central to self-financing, and it can benefit from the revenues generated by it, through the large and discreet companies it owns or the revenues achieved through its work,” noting “the possibility of benefiting from the amounts allocated to it from the state treasury in establishing productive development projects .”
He added, “There is a vision in the exchange rate of the dollar, and restoring confidence and strength to the Iraqi dinar, provided that it is not a decision, as happened in the decision to raise the exchange rate, but with real economic reforms and an increase in non-oil revenues with a plan extending from one to four years, and increasing the volume of investments in the country by persuading Iraqi investors who invest their money abroad to return to Iraq through facilities provided to them and encouraging them to invest their money inside the country.”
Al-Jubouri indicated that “among the vision is the automation of government procedures, electronic connectivity, the amendment of instructions for implementing government contracts, and the issue of tax exemptions, with a focus on increasing the tax base through profitable companies or personalities,” expressing “regret that there is a focus on the simple citizen in the tax issue.” While most companies evade the final accounts because they are fake.
And the Prime Minister’s Adviser for Economic Affairs indicated, “the possibility of increasing customs revenues, which can achieve huge sums in the event that there is governance of the border crossings.”
He explained, “The necessity of activating the collection of electric energy that is prepared for citizens, shops and commercial institutions, as the ministry collects only 7 percent of the money. Without increasing the total amount for it, which will be among the interests of the next government, as it is not possible for an employee in a ministry to take 5 times as much as another employee with the same title, degree and certificate .”
He stressed, “Part of these ideas can be started through effective laws such as the Financial Management Law and the Electronic Signature Law, which needs speed in the procedures of its legislation.”
Yea He pointed out, “Some find it strange to implement some of this plan, but all of them are feasible and there is an integrated vision on this subject, if we know that it can be applied in short, medium and long stages .”
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