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Weekend UPDATE for January 15 -17, 2021 (Part 2)

Iraqi TV reports that the Finance Minister has revealed that the 2021 Budget will be comprised of borrowing 63 trillion from internal banks and 23 trillion from external banks. The 63 trillion will be supplied by the new exchange rate, it will go FROM trillions down to billions, and the 23 will come from investors outside the country.  Congratulations!

Parliament is having a meeting TODAY to discuss setting the date to pass 2021 the budget law.

FROM trillions down to billions is dropping the 3 zeros and increasing the “exchange rate” Wooooooo Hooooooo!

Tishwash:  Al-Kazemi confirms his full support for the automation of electronic procedures in the outlets

Prime Minister Mustafa Al-Kazemi affirmed, on Sunday, his full support for the application of electronic automation at the border crossings and tightening control to achieve the desired goals in controlling violations and maximizing government revenues.

The media office of the Prime Minister stated in a statement that Mawazine News received a copy of, that “Al-Kazemi met with the head of the Border Ports Authority, Major General Omar Adnan Al-Waeli, to discuss the measures taken to activate the electronic platform prepared by the body’s staff, as well as the tax receipt program that was prepared in coordination with the authority. The General Tax Authority for applying the electronic automation system to customs and tax procedures at border crossings.

He added, “Al-Kazemi affirmed his full support in applying electronic automation at border crossings and tightening control to achieve the desired goals in controlling violations and maximizing government revenues, and praised the great role that the authority plays and carrying out its role in monitoring, supervision, auditing and security investigation of the departments operating at border ports.”

“Al-Waeli reviewed during the meeting the future strategy of the authority and a set of proposals that would develop commercial work and support the national economy by making some adjustments by reducing some customs duties in support of traders and importers,” he added.  link