End of June the current date for the application of the customs tariff

Finance Committee in the House of Representatives determines the end of June the current date for the application of the customs tariff

Date: Monday 04/06/2012 20:04

Citizen – Follow-up announced the Finance Committee of the Iraqi Council of Representatives that the end of next June will be the date for the work of the tariff and customs are will serve the economic reality of the country by providing a new source of income. A member of the House of Representatives for a list of coalition rule of law in Babylon, a member of the Finance Committee Haitham Jubouri (l Line): »that the application of the tariff would be who would raise the prices of some consumer goods and luxury, and at different rates. He Jubouri is expected to rise prices of luxury such as electrical, alcohol and cigarettes by 25% while the tariff will be reduced on food and consumer goods and medicine by 5% so as not to pose a big difference for the poor and middle class in the country. He said the Commission decided to determine this date in order to protect the national product »

Source: almowatennews