MOF: Iraq's participation in the Expo opens new horizons between the two countries

International

10-12-2021, 23:33

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Baghdad - INA

Finance Minister Ali Abdul Amir Allawi announced the adoption of modern tax collection systems, while noting that Iraq's participation in the Expo opens new horizons and stimulates talent.

The media office of the Ministry of Finance stated in a statement received by the Iraqi News Agency (INA), that "on the occasion of the Iraqi National Day, Ali Abdul-Amir Allawi, Deputy Prime Minister / Minister of Finance, opened the Iraqi pavilion at Expo 2020 in the United Arab Emirates, and the Iraqi delegation included the Minister of Trade and the Governor of the Central Bank. And the Chairman of the Investment Authority, a number of deputy ministers and advisors to the Prime Minister.

Allawi said, according to the statement, that "the government program and sustainable development plan aimed at investing in people, modern technology and work institutions to create values has become the main cause of poverty and epidemics, reducing disparities in living standards, climatic changes and water pollution. Therefore, it is necessary to work seriously to sustain life in our country and ensure Society will enjoy peace and prosperity by 2030 through partnership between the public and private sectors.

Allawi added that the reform white paper was launched to correct structural distortions in the economy, the labor market, and in financial and monetary policies, and during its second year, despite the challenges, it achieved impressive results, which is to overcome the financial collapse and global indebtedness and achieve a cash surplus that will be a base for starting towards addressing the deterioration that affected the productive economic sectors.