Finance supplements data on 2024 budget tables
Mawazine News – Baghdad
Finance Minister Taif Sami announced on Wednesday the completion of the data on the 2024 budget tables and sent to the Council of Ministers.
The Media Department of the House of Representatives said in a statement received by Mawazine News, “the financial committee headed by Atwan Al-Atwani and the presence of its members and a number of other parliamentary committees hosted the Minister of Finance Taif Sami, Director General of the Customs Authority and the Director General of the General Authority for Taxes; to discuss the automation of the financial system for taxes and customs fees.”
The statement added that “the head of the committee at the beginning of the hosting welcomed the guests, stressing the need to speed up the automation of the financial system,” pointing out that “the committee supports the trend towards its implementation and working to maximize non-oil revenues in coordination with the executive authorities in order to diversify revenues.”
The statement continued, “The committee discussed the financial and banking system and emphasized the automation of the system and the exchange of data between the Customs Authority and other institutions, in addition to the procedures and formula followed in data auditing and electronic payment (pos), as well as discussing the tax exemption file, as the committee requested that it be provided with the tables for tax exemptions.”
The statement continued, “The members’ interventions focused on the extent of implementation of the provisions of the federal budget and revenues and final accounts, as well as the need to apply the texts contained in the budget with regard to collection and taxes, with the importance of knowing the customs duties realized and expected revenues, in addition to the mechanism of depositing and the intersection of employee data.”
According to the statement, the committee stressed “the need to expedite the sending of schedules of the Federal Budget Law for 2024; in order to read and vote on them within the House of Representatives.”
For her part, the Minister of Finance explained “the completion of data related to the 2024 schedules and the inclusion of texts and their sending them to the Council of Ministers, while explaining the mechanism of the ministry’s work.”
Regarding the automation of the system, the Director General of the General Authority of Customs, Hassan Al-Okaili, explained – according to the statement – “to start working in the electronic system with a focus on the most revenue centers in order to provide the budget and maximize resources, while the Director General of the Tax Authority touched on the tax revenues and percentages received from collection, in addition to the problems and obstacles facing the authority.”
The statement concluded, “The Chairman of the Committee, Atwan Al-Atwani, confirmed holding other meetings and meetings in order to study the file in detail to come up with unified results,” adding, “The committee takes the matter on its own shoulders, follow up the work and submit a report on it, as it is one of the basic revenues in the provision of the general budget.”
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