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Hilali: The government will impose taxes on goods and commodities, real estate and mobile phone companies to bridge the budget deficit

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 Hilali: The government will impose taxes on goods and commodities, real estate and mobile phone companies to bridge the budget deficit Empty Hilali: The government will impose taxes on goods and commodities, real estate and mobile phone companies to bridge the budget deficit

Post  Admin Tue Dec 16, 2014 1:55 pm

December 16, 2014, 12:47


BAGHDAD - ((eighth day))

Confirmed member of the Economic Committee in the House of Representatives Ibtisam

al-Hilali, on Tuesday, that the government will go to the activation of taxes on goods, goods and money that go to Iraq for great deficit in the next budget to address the world, stressing that these austerity measures pursued by the state after the deterioration of oil prices.

Hilali said that "the Ministry of Finance decided to go to a tax increase on mobile phone companies, real estate and goods entering the Iraqi border in order to address the problems that hinder the adoption of the budget for the year 2015".

She added that "the decline in crude oil prices and the impact of the last budget legislation in the Council of Ministers."

Hilali and stressed that "the House of Representatives will review the subject of raising taxes and trying to be adjusted if there is damage to the citizen", calling on the Council of Ministers to "send the draft budget in the coming period."

Iraq has been an economic crisis and the failure to approve the general budget of negative impact on the Iraqi street.

And decreased global oil prices, which increased the deterioration of the global economy.


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