The Prime Minister's Advisor: job duties and taxes to reduce the deficit


02/11/2016-12:59


Financial advisor to Prime Minister Mohammad Saleh appearance, balancing 2017 next, was "compatible" with the International Monetary Fund requests, but to "expand" non-oil import duties and taxes and applying them toward "true" sets of indebtedness and a 12% benefit.

He said, in a press interview that "balancing 2017 came compatible with International Monetary Fund demands, especially in the matter of activating non-oil resources," returned to the import duties and taxes "and others, the task of reducing the budget deficit.

He added, that "Iraq should glorify non-oil resources, to reduce the growing indebtedness," returned to "require to take Community contribution".

Financial consultant view Abadi "religion should never be an alternative to oil," he said, adding that "the correct alternative is to maximize revenue and finding sources of fees and taxes that were hidden and not tax favor."

He continued, "the application fees and taxes to the correct shape can lift part of the deficit, and can add non-oil imports, duties and taxes, an interest rate of 12 percent to balance the budget, a plan to achieve the objective, and it is up to the tax administration duties and what can be achieved, with the tax plan 2016 budget painted still hopeful so far being added more than eight percent to the budget".

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