PM Pledges to Protect Middle Class, Combat Tax Evasion

تم نشره في Mon 11 September / Sep 2017. 12:00 AM
  • Prime Minister Dr Hani Mulqi addresses Jordan Strategic Forum (JSF) - (AlGhad)
  • Prime Minister Dr Hani Mulqi addresses Jordan Strategic Forum (JSF) - (AlGhad)

AMMAN —AlGhad— In a statement during a dialogue session, organised by the Jordan Strategic Forum (JSF) on Monday, Prime Minister Dr Hani Mulqi said that the amendments to the Income Tax Law will not affect exemptions extended to individuals and the Middle Class in general.

More so, Dr Mulqi underlined that the government will pursue other, more effective measures to prevent and combat tax evasion and enhance tax collection.

"We are not in a hurry, we will hold a comprehensive dialogue on the law to make sure that the law will not be amended every two years," he added.

The government, Mulqi said, will inform the International Monetary Fund (IMF) that it will reconsider the Income Tax Law, but this does not mean that any amendment will affect the middle class and segments that are granted exemptions under the current law.

The prime minister highlighted the importance of addressing tax imbalances to ensure a better economic growth, noting that the government will not stop exemptions but will reconsider them to know their economic impact.

He stressed that the government will continue the financial control policy, noting that capital expenditure will conform with the economic stimulation plan that includes capital projects values at JOD9.5 million during the period 2018-2022.

The prime minister also reviewed the economic stimulation plan that was approved by the Cabinet early this year.

The plan targets 19 sectors through 95 economic reform procedures and 85 government projects with a cost of JOD6.9 billion and 27 private sector investment opportunities worth JOD9.5 billion.