Monday, August 26, 2024

ABOUT Community comment: "Iraq is not a safe country." BY NADER FROM THE MID EAST, 27 AUGUST

 Nader From The Mid East  

Community comment: "Iraq is not a safe country.

 Why?  United States a safe country? 

 When you look at Chicago, Philadelphia, New York and all that you think it's safe?  

Fear.  Everywhere it's bad and good are everywhere...

Tell you the truth it's safer in Iraq than Chicago.  Visit the country and then judge.  You cannot judge because you heard something on the news or somebody told you something.  I was there two weeks ago.  I've been going back and forth.  My kids been going back and forth.  Everybody's been happy.


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KTFA: CHAT WITH CLARE , 26 AUGUST

 KTFA:

Clare:  Mahmoud Al-Mashhadani announces the resolution of the dispute over the presidency of Parliament and the majority’s approval of his nomination for the position

8/25/2024- Baghdad

MP Mahmoud Al-Mashhadani announced today, Sunday, the resolution of the dispute over the presidency of the parliament and the majority’s approval of his nomination for the position. Al-Mashhadani said, via the “X” platform: “I am pleased and honored by the approval of the majority of the national spectrum consisting of members of the House of Representatives to nominate me for the presidency of the House of Representatives and the resolution of the dispute over that.”

He added: "I pledge to them that I will preserve this trust and be with them and for all of them according to what the public interest requires." He concluded by saying: "The homeland comes before the component and the component comes before the political entity." LINK

Ryan1216:  Clare is Mahmoud officially the new president of parliament?

Clare:  NOT YET  ... ONLY NOMINATED, BUT THE NOMINATION PROCESS WAS  CAUSING THE DISPUTES & DELAY. I AM PRETTY SURE THIS IS WHO SUDANI WANTS. IMO

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Iraqi Dinar Guru News Highlights (8/26/24)

DINAR REVALUATION UPDATE: Development Consultant Amer Al-Jawahiri's Insights on Tax Reform, 26 AUGUST

Development Consultant Amer Al-Jawahiri's Insights on Tax Reform

In August 2024, development and investment consultant Amer Al-Jawahiri offered his perspective on the ongoing tax reform process in the country1. Al-Jawahiri highlighted that the reforms encompass all sectors, emphasizing the Prime Minister's attention to the topic following a meeting with the Supreme Committee for Tax Reform1. This meeting indicates a comprehensive approach to addressing tax issues and enhancing fiscal stability.

The Significance of Tax Circulation

Al-Jawahiri told Mawazine News Agency that the circulation of public funds and resources signifies the presence of an informal economy within the country 1. This informal economy plays a crucial role in the financial landscape, affecting the effectiveness of tax reforms and the overall economic health of the nation.

Tax Reform and Economic Development

The tax reform process is seen as a critical step towards economic development and investment. By addressing the informal economy and ensuring that resources are channeled effectively, the government aims to strengthen the public sector and promote a more stable economic environment1.

Challenges and Opportunities

1. Investment in Oil and Other Resources:

Al-Jawahiri stresses that relying solely on oil without strategic investment can lead to economic instability 2. He advocates for the investment of oil revenues and other resources, such as customs revenues and taxes, to stimulate economic growth rather than increasing taxes and burdening citizens2.

2. Agricultural and Rural Development:

Encouraging a return to rural areas with planned projects, agriculture, and animal husbandry can revitalize the countryside and boost economic activities2. However, this requires strategic planning and capital investment to ensure feasibility and sustainability2.

3. Government Appointments and Projects:

The consultant warns against government appointments without corresponding projects, which can lead to an overabundance of underutilized personnel2. This highlights the need for a balanced approach to employment and project development2.

Conclusion

Amer Al-Jawahiri's comments on the tax reform process underscore the complexities of fiscal policy and its impact on economic development. By addressing the informal economy and promoting strategic investment in various sectors, the country aims to achieve a more stable and prosperous economic future1.

Al-Jawahiri comments on the tax reform process, 26 AUGUST

  Al-Jawahiri comments on the tax reform process

Development and investment consultant Amer Al-Jawahri said: “The tax reform process currently taking place includes all the empty sectors, and this is very accurate for the Prime Minister in light of Al-Sudani’s meeting with the Supreme Committee for Tax Reform.”

Al-Jawahri Al-Jawahri told Mawazine News Agency: When we say that the state’s public funds and resources have circulated, this means that there is an informal economy in the country. 

According to the development expert: “Informal businesses have existed for many years, and they still do, and there is even an expansion that is not included in tax accounting, which means that it is not registered, and is considered informal in this matter, and the other side of the tax reform will take place and will continue.”

He explained: “The use of digital electronic tools and others that exclude human interaction means that perhaps 80 or more than 90% of the work that is accomplished outside the scope of human interaction will be linked. This may save losses. We do not want to pay the numbers, but it is very clear that the losses of the numbers are very large; which took into consideration the size of imports.

He continued: “If we count the size of imports, how much do we earn from tax money? There is a gap in this aspect, and eliminating corruption is not easy, and corruption is not only about the leakage of money and loss, which means depriving the public right of its rights and at the same time the money goes into pockets, and people get rich at the expense of society.
 
He pointed out: "This money goes to services, but at the same time, this achieves, in one way or another, the rule of law, and also achieves, a relative improvement in the business environment, and this improvement when added to it, an improvement in other aspects, while he stressed that working on it in the business environment, then, we can say, there are things that encourage local capital for direct investment.

He  continued saying: "May we be drawn into it, and attract capital or foreign direct investment, this is the entrance or angle that I want to enter from the side of what the Iraqi government aspires to.

 Al-Jawahiri urged everyone to support the tax reform process despite the existence of harsh and severe opposition, veiled and covered with large veils and beautiful veils, which will try to put obstacles in front of the implementation of tax reform, which increases with the country's resources or the general budget. Improving public resources means that the state and successive governments are able to spend on improving the service reality and infrastructure of the country, the most important of which are the health, education, security and municipal sectors. link

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