Economist: The Debts Of Mobile Phone Companies To The Government Are More Than $7 Billion

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The economist and political expert, Jalil Al-Lami, revealed that the debts of mobile phone companies to the government are more than $7 billion.

He told the Iraqi National News Agency / NINA /: The government should work to collect the debts of the mobile phone companies / Asia, Atheer and Korek, which exceed 7 billion dollars.

Al-Lami added: These debts can contribute to addressing the financial deficit crisis on one hand, and securing salaries and basic expenses on the other hand, in addition to avoiding the country from borrowing and its negative consequences on the economic situation.

He explained: However, the Iraqi government, on the seventh of July of last year, renewed the licenses of the mobile phone companies for an additional five years, although the Iraqi judiciary issued a state order that the renewal of licenses of the three companies is illegal.

Al-Lami continued: The government proceeded with the renewal, as the companies pledged to pay 50% of their debts and launch the 4G service, indicating that it was more appropriate for the government to establish a national telecommunications company to maximize revenues that contribute to oil compensation and citizen support./ End

Source: National Iraqi News Agency