September 7, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) Member of the Committee of Economy and Investment parliamentary Najiba Najib said on Monday that the government will form committees to activate and tax collection as part of the search for alternative oil financial resources.
And was a member of the parliamentary finance committee, Massoud Rustam, confirmed that the tax and customs Mordan two alternatives for the provision of financial revenue after a drop in oil prices.
She said Najib's (IMN), "The government is headed towards the formation of committees of a number of advisers and economists to activate taxes on goods and collection of electricity and water to support the country that suffers from a large budget deficit."
She added that "contributes to-find them blocked part of the state budget deficit in record time and will achieve maximum speed and alternative revenue from oil money."
He warned the parliamentary finance committee member Abdul Qader Mohammed earlier, of "economic difficulties the government may face in the event of continued decline in global oil prices," noting that "the Commission is working in coordination with the government to find solutions to the provision of staff salaries solutions during 2016".
Iraq has suffered from the financial crisis and the weakness in monetary policy that caused squandering of public money, and therefore, the government and parliament serious attempts to reform and promoting a framework law the work of the country's economy.
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