AJ
Today Big News from Iraq: PM’s Adviser Salih reveals digital levies (taxes) hit 6T IQD in 2024, driving non-oil revenue growth. 2025 looks even stronger-- this ties into my last post—Read full article for details!"
The Financial Adviser to the Prime Minister, Zahir Muhammad Salih, stressed today Friday that the positive indicators in electronic levies (taxes) will take up a comprehensive space during the current fiscal year 2025.
Saleh told the official agency and his follow-up, that "although the digital collection started from last year 2024 in a gradual and effective manner, achieving a jump in those levies (taxes) and more than 6 trillion dinars in the previous mentioned fiscal year,
It is an indicator that enhances the phenomenon of maximizing the flow of cash resources through digital systems to support the unified treasury account within a high-level and quality digital network connection and in the interest of stacking public budget revenues, which we expect to take broader levels of growth in the collection of non-oil revenues in the current year.
He added that "these positive indicators in electronic levies (taxes) will take a comprehensive space in the current fiscal year, which reflects the development of state revenues as a result of the accelerated shift to the use of electronic systems, which often leads to increased efficiency, reduced corruption, and improved transparency in the collection process, and comes as an application Optimal government program in one aspect of e-governance,
It is the public financial aspect that is strongly directed towards the use of modern information and communication technology systems in achieving the country's financial policy goals in the accuracy and sustainability of the collection of non-oil resources mostly without a harmful time slowdown.