lots of talk about oil and the need to cut production. Lots of blah blah blah but I'm sure there is movement behind the scenes that we can't see. Things are good we are just waiting. So here is what I am posting for now, but Iran is still getting all the exposure for now. See Iranian News HERE
Parliamentary Economy: 70% of the levies service institutions not collected from citizens
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BAGHDAD / JD / .. called for economic and investment commission in Parliament, the government levies to the necessity of activating the service institutions to cope with the financial crisis, saying that 70% of the levies not collected so far from citizens, especially in the province of Diyala.
A member of the committee MP proof Mamouri told / JD / that has to be for the government to work on activating the levies and taxes to counter threats to the country's financial crisis, as it provides a big money that the government can help fill some of their needs.
He added that 70% of the levies service institutions, such as electricity and water does not collect annually from citizens in all provinces, particularly Diyala province, compared to only 30% rally in favor of the government, calling for activating the levies and recovered for the state to support the financial situation in the country.
Iraq has suffered from a major financial crisis as a result of the drop in oil prices to significant levels and because of the Iraqi economy's dependence on oil for 93% of revenue.
A member of the committee MP proof Mamouri told / JD / that has to be for the government to work on activating the levies and taxes to counter threats to the country's financial crisis, as it provides a big money that the government can help fill some of their needs.
He added that 70% of the levies service institutions, such as electricity and water does not collect annually from citizens in all provinces, particularly Diyala province, compared to only 30% rally in favor of the government, calling for activating the levies and recovered for the state to support the financial situation in the country.
Iraq has suffered from a major financial crisis as a result of the drop in oil prices to significant levels and because of the Iraqi economy's dependence on oil for 93% of revenue.
END
The government plans to reconsider monetary policy to cope with the crisis
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BAGHDAD / JD / .. the parliamentary finance committee revealed the intention of Parliament to discuss its proposal by the Government to reconsider monetary policy in Iraq to counter the financial crisis.
The government plans to reconsider monetary policy to cope with the crisis
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BAGHDAD / JD / .. the parliamentary finance committee revealed the intention of Parliament to discuss its proposal by the Government to reconsider monetary policy in Iraq to counter the financial crisis.
The decision of the Committee MP Ahmad Haji told / KD / The committee has prepared a set of proposals to address the threats to the country, including the financial crisis the government to reconsider the monetary policy of the country, noting that the House of Representatives after the end of the parliaments of the Islamic countries conference will discuss this proposal for submission to the Government.
He added that the Finance Committee and some of the relevant committees in the House of Representatives will hold a meeting with the officials in the government, especially Prime Minister and Minister of Finance, Planning and economic advisers and experts to discuss a number of proposals to address the financial crisis.
Iraq has suffered from a major financial crisis because of falling oil prices to its lowest level since the Iraqi federal budget by 93% dependent on oil revenues, the Iraqi economy will inevitably be affected by oil prices. / End /
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