Blibl: current taxes does not constitute a significant proportion to address the economic crisis

20/12/2016 0:00

BAGHDAD / Farah pumice

The head of the Union of Entrepreneurs of the Iraqi government that there are new trends in the coming period, to support the productive sectors and running.

He said President of the Union Reza Ragheb Blibl that Iraq is going through a special status and financial crisis, its causes belonging to mistakes in economic policy in the country, urging to be a trend towards moving the Iraqi economy by supporting the production and service sectors and job creation.

Get the economy moving, he said in his statement to the morning: "There are tendencies by the owners of the decision to move the Iraqi economy by the industry running and productive sectors during the period ahead."

And on the taxation of some of the products and services which are included in the general budget for the coming fiscal year 2017, Blibl saw it does not pose a significant proportion to address the suffering of the Iraqi economy, because it depends on a single supplier , which is the revenue of oil.

He explained that among the fundamentals of each country to have a tax and the laws of the customs tariff system to protect the economy and be within certain controls, and the organization of foreign trade must be based on specific system, but in Iraq, the tariff law recently who is supposed to do that applies since 6 years, where his need to regulate the economy in the process and the protection of the national product to have the ability to compete with foreign product that is mainly protected by the state.

Additional burdens and the president of the federation that taxes have their origins in mind the poor and low - income people and did not include tax deductions slides, however, when the government resorted to tax cuts and the imposition of fees, has carried the burden on the citizen new burdens is unable to satisfy, especially that Iraq suffers from a poverty rate more than 32 percent in addition to the displaced communities.

He added by saying: that in all the regimes in the world, methods of taxation is done by the division of society into segments and layers and be progressive , according to the resources obtained by the person or individual. "

Finds economists , researchers from the negative effects of taxes is the possibility of a lot of taxpayers to pay taxes transport burden on the shoulders of consumers last two and that the nature of the Iraqi economy , in which the actors of which variables are active high population growth, consumer and nature that reaches somewhat
extravagant.

(GST) government guaranteed tax cuts to services in the general budget for the next year in 2017 in Article 23 , which states: First: - the continued imposition of tax on Kartat mobilization of mobile phone networks and the Internet to 20 percent of the card value and restrict its revenues to the public treasury, Second: - a fee Airport lump sum of $ 25 thousand dinars per ticket from the outside travel, the amount of $ 10 thousand dinars for domestic travel in all Iraqi airports and restrict revenue for the treasury general.

And back Blibl to stresses the need to rotate the wheel to work in the country and moving the currency, by supporting productive projects, and growth rates are based on the strength of the productive sectors and with two more supplement the general budget revenues and not rely on rents mono only, through the trend towards revitalization of the Iraqi economy through other outlets and create opportunities for employment. As for ways to maximize the resources of the state, Vnoh President of the Union of the importance of moving the productive sectors and provide job opportunities for the energies of the young, especially the universities and institutes graduated more than 350,000 people aged help them to enter the labor market, Hada at the same time relying on the private sector and the productive sectors that is the container that can contain these energies and integrate the labor market.

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