[size=36]Iraq and the World Bank agree on a road map to improve the reality of the tax system[/size]
[You must be registered and logged in to see this link.]
, the Ministry of Finance and the World Bank agreed, on Tuesday, on a road map to provide technical support to improve the reality of the tax system.
And a statement by the Information Office of the Ministry of Finance, received by Mawazine News, stated that, "with the guidance and follow-up of the Minister of Finance, Ali Abdul Amir Allawi, and based on the agreement between the Iraqi Ministry of Finance and the World Bank, related to the aspect of improving the work of the tax system in Iraq, the World Bank expressed its willingness to provide the necessary support towards Tax Administration Reforms.
The statement added, "Support will be provided to help Iraq enhance the effectiveness of the General Tax Authority, with the support of the support team funded by the Foreign and Commonwealth Office in the United Kingdom (????????????????), which includes introducing good international practices and helping the authority to use modern technology."
And he continued, "The agreed roadmap is represented in conducting an assessment of the tax administration's performance using international standard tools (????????????????????), and providing guidance on tax administration issues according to a reform program that relies in its work on the use of technology over the medium term from 3 to 5 years, as well as the practice of An advisory and technical role by supporting the design of a technical procurement process.
The statement stated, "This agreement comes within the framework of the Ministry of Finance's endeavors aimed at raising the efficiency and performance of all its institutions, as part of a series of reform measures for financial institutions adopted by the Ministry by introducing modern systems and keeping pace with current international standards, with the supervision and support of experts, specialists and leading organizations in this sector." Ended 29/N33