Morning News Comments 06/11/2015
Fulfillment of customs tariffs and taxes of border crossing points
Wednesday June 10, 2015
The Cabinet decided in its session usual twenty-second On June 2, 2015 the following:
1.moavgah to meet the customs tariff on all border crossing points, without exception, as well as taxes, including sales tax on Kartat mobilize the mobile phone and the purchase of cars of all kinds pursuant to the provisions of Article (33) of the general budget of the Federal Republic of Iraq for the fiscal year / 2015 Act from the date of August 1 2015 and that for the necessities of practical and technical.
2. Work is continuing in accordance with previous mechanisms up to the date mentioned above.
[tlm724] we posted this from the Minister of Finance site yesterday and it is certainly worthy of repeating. This is the official decision from the Cabinet to impose the tariffs beginning August 1st, 2015. I look forward to watching the progress and hope there are no further delays !
Economic Adviser to the Prime Minister calling for adjusting exchange policy
Written by SA History: 06/11/2015 16:25
Baghdad INA / Economic Adviser to the Prime Minister called on the appearance of Mohammed Saleh, to adjust the exchange rate by the central bank.
Saleh said in a statement to the agency, "the Iraqi news," said the central bank sells foreign currency (dollar) at a low price - 1,166 dinars to the dollar Aluahd- generating liquidity is weak, calling to adjust the exchange rate policy in line with the market price "to get rid of the contradiction between the bank rate local market. "
Saleh added that "the launch of the sale of foreign currencies exchange rates prematurely signal is incorrect and that the bank deals with the reality and the vagaries of the market."
[tlm724] Economic Adviser to the Prime Minister called on the appearance of Mohammed Saleh, to adjust the exchange rate by the central bank
[tlm724] the corrective path we have been talking about
Morning News Comments 06/13/2015 Today at 9:18 am
Central bank: borrowing from the IMF will achieve the required targets Iraq
[tlm724] that the benefit of borrowing from the International Monetary Fund, will strengthen Iraq the global financial position, noting that the borrowing from the IMF will achieve the goals of Iraq required
[tlm724] "There are financial institutions when you see the size of the International Monetary Fund will lend Iraq Foundation, this increases the confidence in Iraq,"
[tlm724] ya think so huh ?
[tlm724] we'll see what they do with that loan
[tlm724] to strengthen the international position in terms of credit degree, and to gain the confidence of donor countries for Iraq
[tlm724] it looks like Iraq is actively pursuing their credit rating
Experts are calling for the allocation of amounts of taxes in the creation of hospitals, schools and infrastructure
[tlm724] with the announcement of the Council of Ministers apply the tax early next August
[tlm724] and assurances rising prices of goods and services
[tlm724] no doubt the prices are going up on everything !
[tlm724] experts and specialists in economic affairs stressed the need not to prejudice tax revenues, allocation and monitoring of projects, especially infrastructure and the creation of schools and hospitals
[tlm724] thats right spread the wealth (tax revenue) bring it on baby !
Infallible and Barzani agree to remove obstacles between Baghdad and Erbil
[tlm724] agreed on the need to remove obstacles to the implementation of agreements between Baghdad and Erbil
[tlm724] Furthermore, the President Fuad Masum announced that he has a legitimate national reconciliation runs it in cooperation with the three presidencies and the various political forces and parties to form a preparatory committee of the various parties and components to start its implementation.
[tlm724] ok then enough meetings lets get all this implemented on the ground !!!!