Tamimi: Government will agree to IMF conditions, including imposing a 15% tax on payroll
June 9, 2016
Magda parliamentary Finance Committee member confirmed Tamimi said "the IMF set a deadline of June 15 over the current Iraqi Government consent to his terms for a loan of 5 billion and 400 million dollars."
She said in a televised statement followed our agency newsletter, that "the Government would agree on terms of the Fund to cover the big failure State administration since 2003 yet.", noting that
"financial wants to impose a tax of up to 15% on salaries and appointments to stop while the loan."
Tamimi said that "State revenues since 2003, yet more than 855 billion and $279 million, one third went two thirds salaries went unheeded as there are presently empty coffers", indicating that
"what you got is the country now only $1 billion.
"The IMF loan priority goes to the oil companies want to 4 billion and 600 million dollars and the more corrupt incentives increased corporate profits in the absence of any accountability to anyone cause a waste of money".
Tamimi revealed that "the size of the Fund more than 50% of the auction currency", stating that
"the State income for the months of January and February reached 3 billion and $269 million were sold over two billion and 500 million dollars of Central Bank reserves."
And on Tamimi is regarded as State properties more files corrupt officials are taking land and real estate for derisory sums.