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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    For specialists (Journal): The government has lost nine trillion dinars due to mismanagement

    Rocky
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    For specialists (Journal): The government has lost nine trillion dinars due to mismanagement Empty For specialists (Journal): The government has lost nine trillion dinars due to mismanagement

    Post by Rocky Mon 17 Oct 2016, 4:10 am

    [size=37]For specialists (Journal): The government has lost nine trillion dinars due to mismanagement[/size]


    Baghdad Journal 
    attributed the specialists in economics and finance weak non - oil revenues in Iraq to themismanagement and corrupt control of the institutions that are related to customs and taxes.
    A member of the Finance Committee in the Parliament, Masood Haider's (Journal News), said that "the Finance Committee are looking down the cause of the weakness of non-oil revenue and how it can be maximized in the coming years," adding that "the non-oil revenues planned in the financial budget for the current year amounting to 12 trillion but, at best, imports do not exceed 5 trillion dinars. "
    He added that "mismanagement and corruption are considered the cause of the decline in non-oil revenues," stressing that "the lack of access to non-oil revenues will increase the fiscal deficit."
    He noted that "the Finance Committee is trying hard to increase non-oil revenues in the budget next year by activating certain procedures for taxation and customs."
    The head of the finance committee in parliament, Mohammed al-Halbusi, said, "The non-oil imports are installed in the budget in 2016 was estimated at nearly 12 trillion dinars, but that all departments and state institutions have not achieved the planned budget only tax authority."
    He pointed out that "the Commission has made to date revenue of $ 2.4 trillion dinars, which is approaching its goal of three trillion dinars."
    Halbusi He added that "there are failures in the form of customs and failures in the collection of funds in some circles," he said. "The existence of efforts to reward hardworking achievement of imports and punish Almtlki."
    Halbusi said that "non-oil imports in the budget estimates for 2017 We have not had so far," expected to "up the budget next week to look for in the House of Representatives."
    On the other hand, he said economist Majid picture, for (Journal News), "The problem faced by the country is the lack of access to non-oil revenues due to mismanagement and the spread of financial and administrative corruption," stressing the need to "use modern methods in the pooling of resources is oil by revising income tax and indirect taxes and unify the work of the border crossing points. "
    And that "there is considerable havoc in the work of the customs and the evidence gathered trucks for a distance exceeding the 5 km in the northern entrance of the capital in order to get some influential people on the private funds do not enter them in the pocket of the state."
    But an economic expert Ikram Abdul Aziz attributed the weakness of non-oil revenues to the security situation in the country.
    She said Abdul Aziz's (Journal News), said that "the country is in an exceptional situation because of the closure of some border crossings with neighboring countries which reduced the customs are met," noting that "there are financial and administrative corruption in some aspects of the state impact on non-oil revenues." .
    She stressed that "the Iraqi government is considering expanding the tax base to increase non-oil revenues, but can not undertake this action at the present time," noting that "the private sector activity is not well and can not increase these revenues without a private sector."
    And it stated that "the increase in non-oil revenue is going to do the private sector and therefore will reflect positively on the industry, agriculture and services sectors."
    The country has seen two years ago, a severe financial crisis due to falling oil prices, and met the crisis cell, headed by Prime Minister Haider al-Abadi and the presence of a number of financial and economic adviser, and discussed increasing non-oil revenues by relying on several measures including raising the efficiency of the performance of all state institutions in the light of the challenges taking place in the country and provide the required services to citizens where requires more work and procedures that put the country on the right track.
    The non-oil revenues at a time of financial abundance during the previous years accounted for 5% of public revenue, but in the last two years rose to 8 percent, and many citizens refuse to pay electricity and water in excess of 2.5 billion Dolar.anthy wages
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