Home
Iraq resort to taxes to tackle inflation
20/07/2011 13:45
Baghdad, July 20 (Rn) - The Iraqi government announced Wednesday that it has developed a plan to activate the taxes in the country to contribute to the persistence of inflation in the Iraqi economy.
Market The Economic Adviser in the government peace Qureshi told the Kurdish news agency (Rn) that "the Iraqi government began to develop a map of action to activate the tax simple room addition to the formation of economic processes to reduce the high rents and preventing the dumping of the Iraqi market goods and goods".
Economists and puts the tax system in Iraq among the underdeveloped systems that do not rise to the level of support the economy and tackle inflation in the country.
The Ministry of Planning earlier this month on the basis of the low level of inflation for the month of June last by 0.8% from the previous month, and increased by 6.1% for the month of June 2010.
Qureshi added that "these actions will support the direction the central bank to reduce the high annual inflation in the country, which began to rise, which affects the nature of the Iraqi economy."
He pointed out that "the government will control annual and monthly inflation so as not to affect the overall structure of the Iraqi economy."
The Central Bank of Iraq has confirmed that annual inflation remains under control, stressing that the main reasons for high rents is to increase taxes and electricity.
Fear and a number of economists from the continuing high rates of inflation in the country in the absence of mechanisms to limit the height of the government institutions involved in the management of the economy in the country
Wanan of Jafar, the Open: Abdullah Sabri [You must be registered and logged in to see this link.]
20/07/2011 13:45
Baghdad, July 20 (Rn) - The Iraqi government announced Wednesday that it has developed a plan to activate the taxes in the country to contribute to the persistence of inflation in the Iraqi economy.
Market The Economic Adviser in the government peace Qureshi told the Kurdish news agency (Rn) that "the Iraqi government began to develop a map of action to activate the tax simple room addition to the formation of economic processes to reduce the high rents and preventing the dumping of the Iraqi market goods and goods".
Economists and puts the tax system in Iraq among the underdeveloped systems that do not rise to the level of support the economy and tackle inflation in the country.
The Ministry of Planning earlier this month on the basis of the low level of inflation for the month of June last by 0.8% from the previous month, and increased by 6.1% for the month of June 2010.
Qureshi added that "these actions will support the direction the central bank to reduce the high annual inflation in the country, which began to rise, which affects the nature of the Iraqi economy."
He pointed out that "the government will control annual and monthly inflation so as not to affect the overall structure of the Iraqi economy."
The Central Bank of Iraq has confirmed that annual inflation remains under control, stressing that the main reasons for high rents is to increase taxes and electricity.
Fear and a number of economists from the continuing high rates of inflation in the country in the absence of mechanisms to limit the height of the government institutions involved in the management of the economy in the country
Wanan of Jafar, the Open: Abdullah Sabri [You must be registered and logged in to see this link.]
