Governments are racing to control all the boosters of economic growth, by regulating all channels and platforms that would enhance public resources to improve services, spend on infrastructure, advance life, and other goals. Strong economies do not have all the advantages of strength and high growth only through productivity growth. Rather, it is through the adoption of frameworks and limitations that regulate all commercial operations in order to prevent any exploitation or cover-up that harms the economy and the treasury in the end.
It is true that there has been a delay in adopting some supportive measures, but starting to implement them now is an absolute necessity to put an end to the practices that are taking place, and hence the government’s keenness to approve the general framework and methodology for the implementation of an integrated electronic billing system at the national level, provided that this important project is carried out according to an executive program and time Specific, which contributes to controlling prices in all commercial and economic transactions, providing services and determining the mechanisms of interaction between the producer, the service provider and the consumer, as part of the government’s plan to shift towards digitization and electronic payment.
Some may wonder about the financial and economic importance of the electronic billing system.. and what will the consumer and the national economy benefit from it..?
The system is not new, and if we delay in adopting it and launching it, it has many advantages and obligations, and in my opinion, there are benefits to electronic bills, as it contributes significantly to reducing the use of the traditional method of issuing bills that relies heavily on paper, because of this method of Negatives that cannot be enumerated now, their direct impact on controlling the pace of commercial operations for merchants, and these are the bottom line, as it is said, as they deliberately manipulate and write forged unofficial invoices that exempt them from taxes, and deceive the consumer at the same time... The effect on merchants is through reducing costs and developing Commercial and financial transactions, and on the one hand, billing will eliminate a large proportion of the operations of the shadow economy and commercial cover-up.
Everyone knows the tricks of some merchants and how they evade, and commit the most horrible practices. Some of them deliberately take a tax from the consumer, and cleverly do not enter it, because the sales process is not proven at all, and sometimes write invoices for their activities by hand, and here and with this practice the economy loses important resources to the public treasury In return, what will the consumer gain?
So, the system will lead to all the goods and materials that the consumer will purchase will be written and registered in a regular record, an electronic invoice that has characteristics and advantages that qualify it to be far from any manipulation or forgery. , which serves to protect the consumer.