Economists: tariff indirect taxes borne by the ordinary citizen
Economists: tariff indirect taxes borne by the ordinary citizen
Date: Monday 16/04/2012 12:49
Baghdad (news) / report / Faleh Hussein / .. The decision to apply tariffs on imported goods to Iraq, a sensation among economists.
Some expressed concern that the prices of materials, goods and higher rates of inflation, while others believe it is necessary to protect national products and will return prices gradually to the origin after a period of application.
(Agency News of news) surveyed the views of economists to find out the possible outcomes when applying the Tariff Act in (30) of the month of June.
where… A member of the Committee of Economy and Investment MP / National Alliance / Abdul-Abbas Xiaa: The tariff will protect the economy and save the local markets that have become dumping ground for goods poor and non-conforming to international standards.
He added that the local product is unable to compete with the importer in terms of production cost, the absence of a tariff, noting that prices will rise something simple at the beginning of implementation, but these gains will fade over time.
and deputy proposed broadly: the distribution of funds derived of the customs tariff on the social protection network and those with low salaries of retirees and employees, to create a balance between increases in prices and purchasing power of the citizen to avoid inflation, economic in the country, noting that the rate of customs imposed on goods ranging from (5%) to (30%), This indicates that the funds derived from the tariff would be great.
while The head assembly of industrial Abdel Hassan Shammari the need for the application of the Tariff Act as a flourishing agricultural and industrial sectors.
He explained: that the fashions that refuses to implement this law, “incorrect”, because the rates of tariff degrees on imported goods, so that the material is necessary to cause harm to the citizen will determine their rates of high tariff, Chalskaúr This is good and advocated by the Ministry of Health, as it will reduce the purchase of and the reduction of smoking and the harms to society.
added Al Shammari (of the Agency news): that the application of This law will support the national economy, which provides security for the people through the absorption of unemployment after the operation of industrial plants and agriculture.
There is a high probability of price increases in local markets when the application of the Tariff Act, which may damage the citizen simple.
In this regard, said a member of the Economic Commission deputy / coalition Iraqi / Nahida Daini: The merchant began to store food, industrial and consumer goods to be raised through the application of the law, which will increase their prices, stressing the importance of the formation of an Oversight Committee not to make way the Council for these to exploit the conditions at the expense of ordinary citizens.
The Daini (the Agency news) to: the importance of applying the Tariff Act that the country needs it to protect his product local and national levels.
and suffer the economic sectors of the Iraqi deterioration of its infrastructure as a result of exceptional circumstances that have passed on the country such as wars and terrorist attacks.
can not implement the Law on tariff duties on imported goods without a product local and national.
said economic analyst cute Abdel Salem Ugaili (of the Agency news): You must develop a plan of solid economic summed activation key economic sectors Kalzeraih and industry and to secure the local product.
referring to: that the purpose of the application of the Tariff Act is to support the national product, if there was no domestic producer What is the purpose of activating the law?, so you must ensure food and goods so as not to increase prices.
For his part, criticized the economic expert Majid picture decision of the Ministry of Finance to impose tariffs on imported goods, they will increase their prices, which serve as indirect taxes borne by the Iraqi citizen, the simple .
said the picture (of the Agency news): The time is not appropriate for the application of the Tariff Act on imported goods as will serve the merchant and the detriment of citizens simple through the increase in commodity prices, and this will lead to economic problems in the country through high rates of inflation due to the weak purchasing power of citizens and increase material prices in the Iraqi market.
He added that the support of the local product and protect it come through the means of many other Koafah of taxes and facilitate the importation of raw materials and the provision of infrastructure such as electricity, transport and communications, noting that the revenue to be gained from customs duties in one year up to (420) billion dinars, or approximately (150) million.
identified and the Ministry of Finance, the first of June next date for the direct tariff for all goods entering Iraq to support the production, industry, local agriculture and the reduction of dumping bad.
The law provides for the imposition of customs duties on imported goods, is contained in the table of tariff duties, by no more than 20% of its value, to be exempt samples and models that are not of commercial value, customs duties, and took into account the law in the application of its provisions, the facilities afforded by the Investment Law No. 13 of 2006, as amended on goods imported for investment projects exclusively, and comes with a view to attract the greatest possible investment companies and businessmen to work in Iraq. / Finished / 8. d. Q /
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