16 December 2014
Baghdad-(()
She is a member of Parliament's Economic Committee, Ibtisam Al-hilali, Tuesday, the Government will move to boost taxes on goods and commodities and money entering Iraq to address the deficits in the budget next year, stressing that the austerity measures pursued by the State after the deterioration of oil prices.
Hilali said that "the Ministry of Finance decided to raise taxes on mobile phone companies, real estate and goods entering Iraq to address the problems that hinder the adoption of the budget for the year 2015".
"The decline in crude oil prices following the latest legislation in the Council of Ministers".
Hilali said that "Parliament will review the issue of raising taxes, trying to modify in case of harm to the citizen", calling on the Cabinet to send the draft budget within the coming period. "
Iraq sees the economic crisis and failure to pass the budget impact negatively on the Iraqi Street.
World oil prices fell further deterioration of the global economy.
T (S.T)
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