Tues. AM TNT News Articles 6-7-22

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178

TNT

Tishwash:
Government Revenues At The End Of 2022 Will Reach 142 Trillion Dinars

The Ministry of Finance announced, on Monday, the data for the month of April, indicating that the total oil revenues until the month of April amounted to 45 trillion dinars, and non-oil revenues amounted to 2 trillion dinars.

And the ministry stated, in a report seen by / the information /, that “the total current expenditures amounted to 29.7 trillion Iraqi dinars, while investment expenditures amounted to about 2 trillion dinars.” As for the total advances granted until the end of April, it was “2 trillion Iraqi dinars, and thus the surplus achieved is up to April 13.5 trillion Iraqi dinars.

He expected that “the total total revenues until the end of the year will reach 142 trillion dinars, while the total expenses and advances will be around 100 trillion Iraqi dinars, and Iraq will achieve a surplus that will exceed 40 trillion Iraqi dinars.”   link

The House of Representatives evacuated its employees after the demonstrations in the Green Zone

A security source said today, Tuesday, that the security forces evacuated the parliament building from its employees after demonstrations for contract holders in the Ministry of Electricity in the Green Zone.

The source told Earth News, “The evacuation decision came after a number of injuries were recorded among the demonstrators from electricity contracts in friction with the security forces near one of the gates of the Green Zone, after they were asked to install permanent owners within the food security law, which will be voted on tomorrow, Wednesday.

It is noteworthy that hundreds of contract employees in the Ministry of Electricity and from all electricity departments in Baghdad and the provinces today, demonstrated this morning in front of the Green Zone gate on the side of the Rashid Hotel, specifically opposite the parliament building.

The Parliamentary Finance Committee had announced earlier that contract employees would not be fixed on permanent owners within the food support law prepared by the committee, while it indicated that the Ministry of Finance did not respond to two official letters from the committee on how to deal with lecturers, contracts and daily wages and transfer them according to Resolution 315.  lin 

Finance and the World Bank agree on a road map on the tax system

Today, Tuesday, the Ministry of Finance and the World Bank agreed on a roadmap for the tax system.

The media office of the Ministry of Finance stated in a statement received by “Dijla”, that “under the guidance and follow-up of the Minister of Finance, Ali Abdul Amir Allawi, and based on the agreement between the Iraqi Ministry of Finance and the World Bank, related to improving the work of the tax system in Iraq, he expressed his willingness to provide the necessary support towards the reforms of the administration. taxes”.

He added, “Support will be provided to help Iraq enhance the effectiveness of the General Tax Authority, with the support of the support team funded by the Foreign and Commonwealth Office in the United Kingdom, which includes the introduction of good international practices and assisting the Authority in the use of modern technology.”

He continued, “The agreed roadmap consists in conducting an assessment of the performance of the tax administration using international standard tools, and providing guidance on tax administration issues according to a reform program that relies in its work on the use of technology over the medium term from 3 to 5 years, as well as exercising an advisory and technical role from by supporting the design of a technical procurement process.

He explained that “this agreement comes within the framework of the Ministry of Finance’s endeavors aimed at raising the efficiency and performance of all its institutions, as part of a series of reform measures for financial institutions adopted by the ministry by introducing modern systems and keeping pace with current international standards and with the supervision and support of experts, specialists and leading organizations in this sector.”  link

Source: Dinar Recaps

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