What are the parliamentary financial solutions to stop the financial decline?
The Parliamentary Finance Committee announced the establishment of quick remedies to stop the repercussions of the financial decline in Iraq after the drop in oil prices.
The Chairman of the Committee, [url=https://www.thebaghdadpost.com/ar/Story/t/772/%D9%87%D9%8A%D8%AB%D9%85 %D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A]Haitham Al-Jubouri,[/url] said in a press statement: "The Finance Committee has put in place rapid economic remedies at the legislative and executive levels to stop the repercussions of the decline in the financial situation of the country and the drop in global oil prices."
He explained: "The steps include approving plans to increase non-oil revenues in relation to tax and customs, improving the tax base, and rescheduling some of the internal and external obligations of the Iraqi state."
The Chairman of the Finance Committee added: "We agreed with the Ministry of Finance to ensure the distribution of the salaries of employees and retirees and the social protection network and to continue to provide medicines and the ration card", noting: "
Al-Jubouri pointed out: "Rescheduling some of the internal and external obligations of the Iraqi state, identifying the debts of [You must be registered and logged in to see this link.] and dealing with the reasons for the decrease in customs revenues achieved at the border outlets."
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