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mike alfred

Iraq Achieves Tax Revenue Goals - 0 views

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Achieve Tax Revenue Economic News

shared by mike alfred on 21 May 14 - No Cached
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  • mike alfred on 21 May 14
     
    Iraq achieved the tax revenue goal for the year 2013-14, said Dr.Issam. The oil production of Iraq reached 3.25 million barrels as compare to the 2.6 million barrels per day in 2012. Iraq generates maximum revenue from export of oil in the international market that automatically enhanced the total government revenues and the total tax collection increased in the oil industry of Iraq.
mike alfred

Lower Than Expected Tax Revenue Collection - 0 views

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Economic Growth Tax Revenue IQD

shared by mike alfred on 05 Jul 14 - No Cached
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  • mike alfred on 05 Jul 14
     
    The tax revenue collection department of Iraq reported in the parliament that the tax revenue of Iraq is lower than the expectations and for the real economic growth; it is deadly needed to increase the tax net. More and more people need to be brought in the tax net to enhance the tax revenue of the government.
mike alfred

Law to Distribute Oil Revenues to Citizens of Kurdistan - 0 views

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Distribute revenue. Kurdistan People

shared by mike alfred on 08 Jun 14 - No Cached
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  • mike alfred on 08 Jun 14
     
    A draft prepared by ministry of oil and natural resources of Kurdistan regional government for the distribution of oil revenue among people of Kurdistan. There are many of suggestions are given in this regard for the distribution of resources but important one was to keep the share of new born Kurdish in the bank account of every citizen.
mike alfred

Taxes and Custom Duties to Increase Revenue: Finance Committee - 0 views

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guru iraqi dinar value iraq news

shared by mike alfred on 22 Nov 14 - No Cached
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  • mike alfred on 22 Nov 14
     
    Iraqi Dinar 123 News:- Finance committee planning to increase state revenues with the help of taxes and customs. The member of finance committee Masood Haider said committee discussed in this meeting increase revenues of state from taxes and custom duties. All the process is being done with the coordination of ministries and financial advisers.
mike alfred

Fiscal Revenue and Oil Resources - 0 views

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Fiscal Revenue Iraq Oil

shared by mike alfred on 17 Aug 14 - No Cached
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  • mike alfred on 17 Aug 14
     
    According to experts the oil revenues are expected to rise to 134 060 850 billion dinars within. With all this going on the production of oil export is also expected to increase in the coming two years and the increase in production and the export of the crude oil is also expected to go up from 2.9 million barrels to 4.65 million barrels by 2016.
mike alfred

Iraq Should Explore Remaining Oil Reserves - 0 views

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Iraqi Dinar Revaluation Iraq News

shared by mike alfred on 24 Dec 13 - No Cached
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  • mike alfred on 24 Dec 13
     
    Iraq News Agency: Iraq has explored much oil which is giving much revenue to the country annually. Recently in 2012 the trade gave 85% of the total revenue to the country. The revenue of oil has always dominated the export industry of Iraq.
mike alfred

Violation of Tax Laws - 0 views

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Iraqi News Tax Revenue IQD

shared by mike alfred on 07 Jul 14 - No Cached
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  • mike alfred on 07 Jul 14
     
    Iraqi Dinar 123 News:- According to economists; the citizens who invest in oil are warned not to base on the sale of oil imports as per the risks included in it. The government change that happened in 2003 caused a lot of changes to tale place with the tax laws so the revenue collected by the government is different from what it was before 2003.
mike alfred

Considerable Increase in Oil Exports And Revenues - 0 views

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Increase Exports Iraq Oil

shared by mike alfred on 09 Aug 14 - No Cached
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  • mike alfred on 09 Aug 14
     
    According to the member of the ministry of oil, Assem Jihad; the southern ports exported 75.7 million barrels during July through the ports off Basra while the exported barrels of oil from Baardat were 7.8 million barrels. The average sale price per barrel was 102.80 dollars per barrel. It was seen that the oil exports were quite low from the Kirkuk area, this proved to be a great boost to the economy of the country.
mike alfred

Taxes Collected Despite Unawareness - 0 views

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Iraqi Economy News Tax Revenue

shared by mike alfred on 04 Jul 14 - No Cached
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  • mike alfred on 04 Jul 14
     
    Almost three billion and 700 million dollars of taxes were gained in the year of 2013. According to the Tax authority, it has been seen that the tax revenue collected was huge. It was collected because even a student had to take care of the tax laws in the best possible way.
mike alfred

The Right Time to Invest in Iraqi Dinar - 0 views

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iraq news iraqi dinar revaluation

shared by mike alfred on 10 Apr 14 - No Cached
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  • mike alfred on 10 Apr 14
     
    The experts have divided into two groups about Iraqi dinar revaluation. One group has strong opinion that dinar can revalue in near future. Now when that near future is expected to come relies on many factors. Other group is of the view that dinar is facing many challenges. The economy is in bad condition, the security is in bad condition and also the annual revenue is just reasonable. That's why dinar is not going to revalue at least in coming ten or more years.
mike alfred

Iraqi economy getting stronger with its oil exports - 0 views

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iraqi dinar on the rise economy

shared by mike alfred on 02 Apr 14 - No Cached
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  • mike alfred on 02 Apr 14
     
    This is the positive side of Iraq's economy. On the other hand, Iraq is still going through a tough time. It is still in the condition of war. Although, there is no direct war going on in the Iraq, but terrorism act is taking huge revenue from Iraq. Iraq's current government is made by Shia party. Sunni party has conflict about it.
mike alfred

Lifting Oil Ban Can Enhance $1.3 Trillion in The Next 15 Years: Washington - 0 views

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Iraq Crude Oil Iraqi Economy Market

shared by mike alfred on 11 Jun 14 - No Cached
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  • mike alfred on 11 Jun 14
     
    The expected jobs in the oil industry will increase by 340,000 by the end of 20130. This will be a major success for Iraq and its economy. We know that oil industry of Iraq is the backbone of the country that enhances the revenue of the country and also the major source of employment opportunities in the country.
mike alfred

Iraq's Economic Challenges in Future - 0 views

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Iraqi Economy Economic Challenges

shared by mike alfred on 15 Jun 14 - No Cached
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  • mike alfred on 15 Jun 14
     
    Now the most important challenge for the Iraq is to look into the matter of Macro Economic Stability, and for this planned expenditures needs to be cut down, while preserving the key social needs and spending. Iraq needs to manage its large oil reserves, rising oil revenues by building up the fiscal, financial and external buffers.
mike alfred

The Dollar Auction Sales Declined at Central Bank of Iraq - 0 views

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CBI Auction Central Bank Iraqi Dinar

shared by mike alfred on 23 Jul 14 - No Cached
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  • mike alfred on 23 Jul 14
     
    Despite of recent poor law and order situation and low overall government revenues for the last 8 months, Iraqi dinar remained stable in the international market. The governor of central bank of Iraq said that it is all due to cash reserves and gold reserves available at central bank of Iraq.
mike alfred

Expected Reforms in The Coming Budget - 0 views

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Iraqi economy news budget 2014

shared by mike alfred on 15 Sep 14 - No Cached
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  • mike alfred on 15 Sep 14
     
    Iraqi Dinar 123 News:- It has been announced that the budget would be helpful for the cash revenues worth 96 trillion dinars. A member of the Interim Committee said that the budget is limited and it needs to manage everything on a proper pattern.
mike alfred

Current Economic Situation in Iraq and Chances of Currency Revaluation - 0 views

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Buy Iraqi Dinar Economy

shared by mike alfred on 25 Mar 14 - No Cached
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  • mike alfred on 25 Mar 14
     
    Iraq has seen hard time for several decades. But, after 2004, the condition appears to be getting strong. Iraq is starting many new projects to earn revenue. It is trying to increase oil trade mostly because oil is its huge asset Iraq is proud of.
mike alfred

Iraq's Increasing Oil Production to Strongly Impact Other Exporting Countries - 0 views

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Iraq Oil Exports Production

shared by mike alfred on 20 May 14 - No Cached
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  • mike alfred on 20 May 14
     
    According to the Kuwaiti Petroleum Company also known as KPC, the increasing production of Iraqi oil will deeply impact the oil exports of all the exporting countries in the gulf region. KPC considers Iraqi oil as its strong competitor in the international market that can reduce its oil export revenue to a sufficient level.
mike alfred

Iraq Budget Expected in March 2015 - 0 views

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iraqi budget 2015 finance iqd

shared by mike alfred on 23 Nov 14 - No Cached
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  • mike alfred on 23 Nov 14
     
    Iraqi Dinar 123 News:- Finance committee explained that the delay in approving the Iraq budget because of dispute between provinces in Iraq. Baghdad and Kurdistan major dispute on oil production and revenue. Decline in the oil prices effecting Iraqi treasury and Budget depends on treasury.
mike alfred

Low Oil Prices and Iraq's Economic Problems - 0 views

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iraqi economy oil prices dinar

shared by mike alfred on 23 Nov 14 - No Cached
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  • mike alfred on 23 Nov 14
     
    Iraqi Dinar 123 News:- According to Iraqi finance minister: Iraq is facing many financial hardships in these days because of low oil prices in the international market are affecting Iraq exports revenue In this situation, major role of government departments of Iraq which are using Iraqi funds and increase their expenses.
mike alfred

The State's Reliance on Oil Imports - 0 views

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Cripple Economy Iraqi IQD

shared by mike alfred on 08 Aug 14 - No Cached
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  • mike alfred on 08 Aug 14
     
    A member of the Parliamentary Commission of Economy Aziz Mayahi "The government revenue and private provision of public service to the citizens decreased dramatically after the change that took place in 2003 due to the cancellation of the government a lot of tax laws.
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