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[size=36]Attia, criticizing the government's decisions: "The citizen's feathers will be ruffled without services."[/size]
Economy | 11:19 - 03/27/2024
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Mawazine News - Baghdad
Today, Wednesday, expert Sadiq Attiya criticized government decisions related to raising fuel prices in Iraq, stressing that it is the beginning of increasing fees and taxes in several sectors.
Attiya said in a publication, seen by Mawazine News, that “if the government continues on this approach, it is expected that it will also resort to raising taxes and fees on several economic sectors, especially the services, electricity, health, transportation, trade, and tourism sectors, with the aim of increasing the financial resources of the state treasury.”
He added, "The three-year budget needs resources to cover the deficit, and the central bank is unable to provide more Iraqi dinars for internal consumption."
He pointed out that "this step may lead to a return to the exchange rate of 1,480 dinars to the dollar, according to economists."
He continued: "It seems that the (services) government is going to spoil the citizen's feathers, and we have not seen services."
In its session held yesterday, Tuesday, the Council of Ministers issued several decisions regarding increasing the price of improved gasoline to (850) dinars per liter, and premium gasoline to (1,250 dinars) per liter, effective from May 1, 2024.
Today, Wednesday, expert Sadiq Attiya criticized government decisions related to raising fuel prices in Iraq, stressing that it is the beginning of increasing fees and taxes in several sectors.
Attiya said in a publication, seen by Mawazine News, that “if the government continues on this approach, it is expected that it will also resort to raising taxes and fees on several economic sectors, especially the services, electricity, health, transportation, trade, and tourism sectors, with the aim of increasing the financial resources of the state treasury.”
He added, "The three-year budget needs resources to cover the deficit, and the central bank is unable to provide more Iraqi dinars for internal consumption."
He pointed out that "this step may lead to a return to the exchange rate of 1,480 dinars to the dollar, according to economists."
He continued: "It seems that the (services) government is going to spoil the citizen's feathers, and we have not seen services."
In its session held yesterday, Tuesday, the Council of Ministers issued several decisions regarding increasing the price of improved gasoline to (850) dinars per liter, and premium gasoline to (1,250 dinars) per liter, effective from May 1, 2024.
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