Parliamentary increase non-oil revenue underlines for 15% in 2016-balancing



Confirmed Member of the parliamentary Economic Commission, on Sunday, that the proportion of non-oil revenue increased 5% over the previous years to 15% in the next year's budget bill 2016, usually a "good development and that was still away from ambition", while the Economic Adviser to the Prime Minister, that the problem of low income lies in the weakness of tax administrations and other collection areas and their need for development, revealing the Government to apply "hedge kmerki uniform" in the coming months.


ECA member said najeeba Najib, told the (term), "non-oil revenue of between eight to 10 percent of revenues achieved by 2015 present", indicating that she'd "be higher than during the previous years were about five percent".
Najib added that "speculative non-oil revenues rose in 2016 to balance 15%", usually this "constitutes a good development to achieve multiple committees at Cabinet level and expertise both internal and external, though still far from the ambitious".
Najib has followed those "commissions discussed tax and special wage tax, water and electricity, and we await the results of its work and whether revenue will reach for the assessor in the budget law or not".
Najib stressed that "the commissions diagnosed problems and developed treatments for them, to reach the desired goal and an increase in non-oil revenues", noting that there are "significant imbalance in the tax collection, customs revenue impact".
In turn, economic adviser to the President said the Government the appearance of Mohammed Saleh, told the (term), "non-oil revenues in the balancing act the current unclear image of 2015 unless constitutionally final accounts in March 2016 next", adding that "non-oil revenues, which I guessed about 14 trillion dinars, representing 16 percent of public revenue in the budget bill 2016".
Saleh said that "the problem of the lack of non-oil revenue lies in the weakness of tax administrations and other collection areas and their need for development", stating that "the laws impose taxes on income of both is of working age and exercised an economic activity generates income or owns wealth".

The adviser said Al-Abbadi to "more than 40 percent of citizens outside the tax base now because of weak fiscal accountability system", pointing out that "indirect taxes such as customs tariffs and sales tax on mobile phones, cars, other, beginning in August 2015 only".
He said, that "the new tariff llkmark applied for the first time in August 2015 but Customs Act continues to lag, even if its application must be in accordance with fence kmerki one, because there are many tax regimes in Iraq now and is a big mistake and a threat to fiscal policy", revealing "a State for the application of uniform kmerki fence during the coming months".
The Ministry of Finance announced (September 15, 2015), presenting the draft budget for the year 2016 next to the Cabinet, saying the wording was about lowering overhead and fought wasteful State revenues and ensure diversification of income sources, approved by the Council of Ministers, (19 October last), 113 trillion dinars, a deficit of 30 trillion.
Iraqi economy depends almost entirely on oil revenues which more than 95 percent of public revenues, what made him subject to fluctuations in world oil prices.


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