“Everything is Done” – Mon. PM KTFA Thoughts/News 5-22-23



Clare » May 22nd, 2023

A new tax in the budget.. 25 thousand dinars for every Iraqi traveler


A member of the Iraqi Parliament revealed, on Sunday, that there is a new tax in the general budget for the year 2023, which is expected to be approved by the parliament, pointing out that the tax is called “airport tax”.

Independent MP, Amir Al-Mamouri told Shafaq News agency, that there is a “reservation and objection by a number of parliamentarians to the paragraphs related to imposing taxes on citizens in the budget law, especially the airport tax.”

Al-Mamouri, a member of the Parliamentary Labor and Social Affairs Committee, said, “The draft budget law stipulates imposing a withholding tax of 25,000 dinars from every Iraqi citizen who intends to travel outside the country.”

“We do not know how the mechanism will be for deducting the amount from citizens who intend to travel, whether it is through an airline ticket or through fees from inside the airport and land ports,” he added.


Earlier, a member of the Parliamentary Transportation and Communications Committee, Karwan Ali Yarouis, revealed that there was a paragraph included in the budget requiring the return of taxes on mobile phone recharge cards, while the Minister of Communications, Hayam Al-Yasiri, denied re-imposing a tax on mobile phone and Internet recharge cards.    LINK


May 22, 2023 1:06 PM   Baghdad 

Today, Monday, a member of the Parliamentary Finance Committee, Mustafa Al-Karawi, revealed the date for approving the federal general budget.

Al-Karawi said in a statement followed by the National News Center: “There are about six remaining articles of the draft budget law, all of which need a political decision and transfer.”

He added, “The committee called for achieving social justice in the budget and improving the reality of the governorates,” noting that “the budget cannot be passed without fairness to the governorates that suffer from a lack of services.”

Al-Karawi stressed that “it is likely that the budget will be approved at the end of the week in the event that the remaining materials are settled and transfers are made.”   LINK  


Turk182 » May 22nd, 2023

of course they are…ROFL

DoTalktoMe » May 22nd, 2023

It makes sense that they are going into June, and then hopefully activate the new rate. The budget will not work without it. IMO   This is the last month of the 2nd quarter.
Time flies when you’re having fun.

Frank has said many times…do not worry about the budget.Personally I believe that.
I care about the rate being activated, they will go gang Buster’s with the budget if only they had a rate.

Beyond that I care a lot more about the REER. So I will be holding out the bulk amount for that.  Enjoy life this will eventually be a go…

Scarlett10 » May 22nd, 2023

Why are so many people so focused on the budget. It’s not parliament that’s going to change the rate, it is the CBI. It’s the CBI that changes the rate not parliament. The CBI can do it anytime. I only watch what the CBI is doing and articles that focus on finances and cards and as far as what we are seeing in articles to date, the CBI can push the button anytime now. 

DCDriver » May 22nd, 2023

To me, having a budget in place gives Iraq credibility and more stability for the CBI to do their thing IMO but what do I know


Sccarlett10 » May 22nd, 2023

As far as I am concerned everything is done and we are at the finished line. They will try to bring any confusion just like Kuwait did . I am just happy seeing what we are seeing and knowing that we will soon be at the banks.

Source: Dinar Recaps


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