An Iraqi parliamentary committee recommends a customs electronic link for imported goods in dollars

An Iraqi parliamentary committee recommends a customs electronic link for imported goods in dollars

Jul 09, 2021 02:35 PM

An Iraqi parliamentary committee recommends a customs electronic link for imported goods in dollarsIraq – Mubasher: The Finance Committee in the Iraqi Parliament recommended linking an electronic customs tax for imported goods with the Central Bank of Iraq.

Haitham al-Jubouri, head of the Finance Committee, said, “The committee does not have data on the volume of imports carried out by the Ministry of Trade or the Ministry of Planning, but the Central Bank is responsible for those transactions that are submitted to it,” according to the Iraqi News Agency (INA).

He stressed that “the committee demanded that there be an electronic customs and tax link with the Central Bank in order to be sure that the goods for which dollars are given will enter actual goods through the ports in return for them.”

He added that “the currency auction is an offer and a request, and so far the price is appropriate, and the banks in the remittances did not make a large profit, but that a part of them is exposed to loss if the operating budget that you make is taken.”

Al-Jubouri explained that “the Finance Committee hosted the Minister of Finance and the Governor of the Central Bank to find out the monetary and financial measures taken by the government to address the repercussions in light of which the exchange rate change was approved.” Parliamentary Finance recommends linking an electronic customs link for imported goods to the dollar.

mubasher.info