Tishwash: The most prominent of which is the “tax holiday”.. 5 positive outcomes of the Sudanese meeting with the heads of the chambers of commerce
Today, Friday, the head of the chambers of commerce in Diyala, Muhammad Mulla Jawad al-Tamimi, revealed the most important results of the expanded meeting with Prime Minister Muhammad Shia al-Sudani in Baghdad yesterday.
Al-Tamimi told (Baghdad Today) that “the expanded meeting of the heads of the chambers of commerce in the provinces with the Prime Minister, Muhammad Shia’ al-Sudani, and economic and financial elites in Baghdad, yesterday evening, was positive about presenting important files to contain the dollar crisis and give the markets guarantees that contribute to stability during the coming period.” the next stage.”
He added, “Al-Sudani followed the implementation of the decisions issued by the previous meeting, while the Central Bank demanded the urgency of issuing instructions for credits and transfers according to the proposed ceilings and determinants as quickly as they represent the cornerstone of Iraq’s foreign trade.”
And he continued: “Al-Sudani also followed up on the implementation of the decisions issued to the tax and customs departments, which will greatly contribute to facilitating the adoption of the new mechanism for foreign trade proposed by the Central Bank, and this is what matters to the merchant in carrying out his daily work.”
He pointed out that “the president of the federation and the importing merchants presented at the meeting a set of proposals and solutions, the most important of which is a request for a tax and customs holiday for a period of five years.
And he continued, “We also called for facilities to open bank accounts for small merchants and facilitate their work procedures in light of the new transformation, as they are the majority segment, with an emphasis on adopting the banking system in implementing the internal transfer through the Iraqi payment system by adopting the RTGs & CT system to transfer the internal transfer between government and private banks.”
He pointed out that “the meeting touched on discussing the decisions issued regarding reliance on the local currency in all government and private departments and the need to implement electronic payment services in them to achieve many goals that contribute directly and indirectly to the new economic system,” stressing that “the meeting resulted in 5 positives in general.”
Through consensus and the flexibility of Al-Sudani in accelerating the pace of procedures to create flexibility in financial dealings.
Yesterday, Thursday, Prime Minister Muhammad Shia al-Sudani chaired the second meeting of the Federation of Chambers of Commerce and the Association of Iraqi Banks, as well as other bodies; Taxes, customs, border crossings and the central bank, while the meeting witnessed a discussion of the economic situation at the national level in light of the exchange rate fluctuations, and their effects on the Iraqi market. link
