Economist: taxation to deduct 10% of the salary loan to end the crisis



January 6, 2016 17:00

Economist that there is a set of proposals out of the financial crisis, including the imposition of taxes and the deduction of 10% of salary loans said.

And between Bassem Jamil has to be for the government to take a package of measures to end the crisis, adding that "there is a set of proposals for the government to get out of the financial crisis, including broadening the tax base Base for taxes from people who are not covered by, as well as another proposal is a deduction of 10% of salary in the form of a loan or debt to the government's interest, it is returned in case of availability of liquidity. "

He said that "in the event of improved oil prices will drop to the financial crisis but must know how to do without relying on oil revenues fully by going to agriculture, industry and tourism."

The House voted on the budget that the current year, which accounted for current expenditures [operating] in which salaries and other more than 80 trillion dinars, and increase of 76% [of total expenditures 105 trillion dinars] while the capital expenditures of more than 25 trillion dinars, and increase of 23.8%.

The Finance Minister Hoshyar Zebari warned Monday that the Iraqi government will not be able employees' salaries for the month of April next distribution, if the oil price remains low, pointing to the existence Options Kalaguetrad and raise the price of basic services and the sale of sovereign bonds.

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