๐ผ๐ Iraq's Tax Reform is Real — and It's Attracting Global Attention ๐๐ฎ๐ถ
Finance Minister Taif Sami: “We are achieving real progress — and the world is watching.”
Iraq is stepping confidently into the global economic arena by revamping its tax system in line with international standards, according to Finance Minister Taif Sami during the Tax Conference for Economic Development and Investment Promotion held in Baghdad. ๐๐ฌ
๐งพ Key Highlights of the Reform Plan:
๐น Updating tax laws & digital collection systems
๐น Boosting non-oil revenues to diversify the economy
๐น Reducing red tape to help investors & entrepreneurs
๐น Expanding e-payments for efficiency & transparency
๐น Encouraging private sector growth and startup investment
๐น Backed by EU & German funding, part of the National Reform Plan 2025–2030
๐ฅ Sami called on international partners and institutions to join forces with Iraq by providing technical expertise, advisory, and training support, making it clear: Iraq is open for business — and reform is real.
๐ฌ “We’re not just increasing revenue. We’re building a transparent, fair, and investment-ready Iraq,” said Sami. She emphasized Iraq’s commitment to long-term stability, digital transformation, and global compliance.
✅ Results so far? Rising domestic revenue figures ๐ prove reforms are already delivering impact.
๐ Full article: economy-news.net article
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