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Finance Minister: Iraq is in the process of transferring its budget from the traditional to the program budget

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Finance Minister: Iraq is in the process of transferring its budget from the traditional to the program budget

Sunday 04th October 2020 - 19:44
Baghdad - conscious - Muayad Al-Fartousi


Today, Sunday, Minister of Finance, Ali Abdul-Amir Allawi, confirmed that Iraq will move from the traditional budget to the program budget within a year and a half, indicating that the tax rate will not be high, but the citizen will not accept it for not providing the necessary services.  

Allawi said to the Iraqi News Agency (INA): "The budgets for the years 2021-2023 we have started working on them now, but they will not be the main ones, because the Ministry of Finance is currently unable to implement it in a complete way,

but it may be hindered for a year and a half so that we can move from the method." Drawing the traditional budget to the program budget."

Taxation

He added, "The tax returns are indirect, and will constitute a very small percentage of the state's resources, which are not high if compared to any other country, since the tax structure is reasonable in Iraq."

He pointed out that "citizens will not respond to taxes, and they may have justification, because the state does not provide them with the necessary services, so the level of taxes must be linked to services and their quality."

He continued, "It is assumed that we get 8 trillion dinars from taxes, while we are currently getting less than one trillion, because there are large exemptions and exemptions."

Economics and politics

Regarding the political issue, the Minister of Finance stated that "there is a link between economics and politics, and all the decisions issued since 1950 were aimed at politics and ideology, and over time they transformed from an ideology to a kind of balance, which in turn led to the seizure of the state."

Iraq and the Culture of Conquest

He stated, "Iraq contains a kind of state seizure, as it is not necessary for this seizure to be by the parties, but it may be from all parties that have a stake and influence on the decision-making."

Subject the state to professional controls

He stressed, "The need to subject the state to completely different professional controls and ways of working, and

the solution must be a kind of separation between the legitimate and semi-legal requirements of political parties, according to the electoral results, because the balance is difficult, so that we have a completely independent government apparatus, which does not exist now."".

He noted that "the current political crisis may help in changing views according to the way the administration is going."

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