Morning News Comments 12/27/2014
Experts: normal budget and taxes are losing billions of dollars as a result of tax evasion and corruption Alcomerk
[tlm724] that Iraq is losing annually an amount of up to $ 20 billion in tax revenues *wolfwhistle* dayum
[tlm724] "the imposition of new taxes on sales Kartat communication and the Internet increased by 20%, and cars all kinds of tickets by 15%, to be issued and the Ministry of Finance instructed to implement this article
[tlm724] those taxes ^^^ are stated in the budget
[tlm724] I just read the budget, if you all want to take a look here is the link http://www.bondladyscorner.com/t108533-the-general-budget-of-the-federal-republic-of-iraq-for-fiscal-year-2015
[tlm724] Under the budget to plug internal borrowing, and to authorize the Ministry of Finance external borrowing, as well as the imposition of taxes on some goods and services in addition to resort to "forced savings" for people with high salaries.
[tlm724] It specifically states that they will borrow from the IMF, World Bank, Islamic Development Bank and have accesss to special drawing rights
[tlm724] the MOF will impose many more taxes as well
[jeepguy] good morning tlm724 cat i seem to have dropped an article 38 around some where , any one seen it ?
[tlm724] the higher earners within the GOI will basically have their salaries capped until things straighten out
[tlm724] jeepguy that is probably a typo or a translation thing , lets not go there lol
Kurdistan Alliance is the 2015 budget as "sick" to all parties
[tlm724] as he emphasized that Baghdad and Erbil agreement on the oil's budget is a "significant milestone"
[tlm724] *hallelujah* it is in there with a clause that addresses if either side defaults
[tlm724] what concerns us very pass the budget and the Kurdistan region, and given the current circumstances, what has been achieved his budget very satisfactory to all parties in order to justice revenue.
[tlm724] " The Presidency of the Council of Representatives of Iraq, filed Thursday, to discuss specific financial budget bill for the next 2015 special meeting, the seventh of January of next year
[tlm724] appears the kurds are satisfied whew
Member of Parliamentary Services: Social Security Act ensures that the state high financial returns
[tlm724] "the Social Security Act ensures that the state high financial returns, because every citizen will be obliged to pay a sum of money in exchange for that includes retirement.
[tlm724] the House of Representatives approving the Social Security Act in particular and we are going to submit a proposal on the importance of this law
[tlm724] The Ministry of Planning has confirmed today the need to diversify the sources of the country's economy and not rely on oil only, noting to grant the investment sector an area of 21% of the public investment in the country's size.
As the Minister of Science and Technology Fares Jajo announced Saturday his quest to reducing its expenses and reduce bonuses and take several other measures to support the economy of the country.
[tlm724] the social security law will be great but will take money from the people and with all the new taxes they need to increase that purchasing power Wink
Press reports: America amassing 31 000 armored vehicle in Kuwait for fighting al Daash Iraq
[tlm724] that the US military mobilizes extremely large military equipment and weapons number in Kuwait in preparation for a possible attack against Daash
[tlm724] most of the equipment was designed for the US war in Afghanistan, but has been converted to war Daash.
[tlm724] 31 000 armored vehicle *wolfwhistle* that'lll get some attention me thinks, staging them right at the border in Kuwait
Government Spokesman: the formation of committees to resolve the remaining files with Kurdistan
[tlm724] follow-up the oil agreement and complete coordination and address any differences might get in the application."
[tlm724] RSP indeed !
[tlm724] these committees will work to develop proposals it as a law of oil and gas and some other controversial projects
[tlm724] What is reached will be presented at a later time on the political leaders to ratify it and proceed to implement it.
[tlm724] okay I can live with that as long as they are working it baby
[RSP] Implement it!!!!!!
[tlm724] gotta work out the details first
[RSP] Yeppers Then ratify and implement