Wednesday, August 27, 2025

๐Ÿ’ผ๐Ÿ“ˆ Iraq's Tax Reform is Real — and It's Attracting Global Attention ๐ŸŒ๐Ÿ‡ฎ๐Ÿ‡ถ

 ๐Ÿ’ผ๐Ÿ“ˆ Iraq's Tax Reform is Real — and It's Attracting Global Attention ๐ŸŒ๐Ÿ‡ฎ๐Ÿ‡ถ

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. ๐Ÿ“Š๐Ÿ’ฌ

๐Ÿงพ Key Highlights of the Reform Plan:
๐Ÿ”น Updating tax laws & digital collection systems
๐Ÿ”น Boosting non-oil revenues to diversify the economy
๐Ÿ”น Reducing red tape to help investors & entrepreneurs
๐Ÿ”น Expanding e-payments for efficiency & transparency
๐Ÿ”น Encouraging private sector growth and startup investment
๐Ÿ”น Backed by EU & German funding

, part of the National Reform Plan 2025–2030

๐Ÿ‘ฅ 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.

๐Ÿ’ฌ “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 ๐Ÿ“ˆ prove reforms are already delivering impact.


๐Ÿ”— Full article: economy-news.net article


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๐ŸŒŸ FIREFLY UPDATE: Iraq’s Currency Shake-Up Could Reshape the Economy ๐Ÿ’ฐ #frank26 #dinarrevaluation

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