Return 95 billion dinars to the treasury by combating the waste of public wealth

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[size=52]Return 95 billion dinars to the treasury by combating the waste of public wealth[/size]

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[size=45]The Minister of Finance and Economy of the Kurdistan Regional Government, Awat Sheikh Janab, announced, in his speech on the occasion of the three-year anniversary of the formation of the ninth ministerial cabinet, that “the ministry was able to return 95 billion dinars to the treasury by combating the waste of public wealth, in addition to liberalizing trade and ending monopoly to significantly, as well as an increase in customs revenues from 956 billion to 1691 trillion dinars.[/size]
[size=45]The Minister of Finance said, "The ministry worked during the last period to return significant revenues, in addition to participating in delegations sent to Baghdad, agreeing on the region's budget and fixing the Kurdistan Region's share in the federal budget." The financial control team accepted between the two sides, pointing out that 61 directives and 46 circulars were issued by the general directorates in coordination with the relevant ministries and departments.[/size]
[size=45]The minister revealed, “The return of 95 billion dinars by combating the waste of public wealth to the government treasury, in addition to liberalizing trade and ending monopoly to a large extent and increasing customs revenues from 956 billion to 1691 trillion dinars,” as well as establishing a directorate for customs control and adopting the electronic system at all crossings and linking them Ministry of Finance.”[/size]
[size=45]The minister indicated that “11,595 contractors in the field of teaching, doctors and first graduates have been appointed and installed in coordination with the Council of Ministers.” He also confirmed the linking of 581 accounting units to the electronic spending system, reducing unnecessary government expenditures to a large extent by 144 billion dinars. Taxes rose from 300 billion dinars to 796 billion dinars without increasing tax amounts, pointing to work on digitizing the tax system.[/size]
[size=45]The Minister of Finance confirmed that “the cases of receiving more than one salary in the General Retirement Directorate, and the transfer of all Peshmerga retirement directorates to the cadres of the Ministry of Finance, have been terminated, explaining that the retirement of all retirees has been canceled by illegal methods and adjustments have been made to the files whose ranks have been manipulated and their registration at ranks higher than their entitlement, in addition to the establishment of a retirement fund saying, “This is a very big success.”[/size]
[size=45]He added, "We have adopted the electronic system in pension transactions as of June 23, 2022 in Erbil, Dohuk and Sulaymaniyah, and ending paperwork, and he also talked about" establishing a national bank with a capital of 200 billion dinars, to be a branch of the Central Bank of Iraq in the Kurdistan Region, in order to restore confidence. the region’s banks and benefit from all the services of the Central Bank of Iraq,” and stressed the implementation of the decision to reduce professional advances by 15% by the Council of Ministers, and to obtain 373 billion dinars from real estate, agricultural, industrial and tourism loans, in addition to obtaining several billion dinars in the field of commercial loans by restoring and selling mortgages.[/size]
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