Parliamentary Committee on Economic says external pressures on the government to postpone the tariff
Parliamentary Committee on Economic says external pressures on the government to postpone the tariff
A member of the Economic Commission Deputy Amer Jassim Al-Fayez, the presence of external pressures exerted on the federal government to stop working tariff, asserting the insistence of his committee to apply them in a timely manner. Said Fayez on Monday »There are external pressures by neighboring countries exposed to the Federal Government for the suspension of a tariff customs to their interests and not to promote the economy and Iraq, prompting the government to call for postponement of the law ». added» that the application of the tariff became an urgent need to support the local product and the Iraqi economy, pointing out that the imported products are displayed in local markets amounted to approximately (90%) of the domestic product, making the government is unable to support the economic sectors, agricultural and industrial because there is no law protects products ». and» that the Economic Commission representative determined to implement the law on time because they had previously had given the government (6) months to arrange Odaha before applying it, and this long enough , saying any delay or linger Tsoeva means of the decision and rejected by the House of Representatives ». The Cabinet has asked its session of (22) House of Representatives to postpone the application of the Tariff Act until the completion of procedures, tools and means of application of the law provides that the Ministry of Finance practical reasons and technical unjustified to wait and the time limit is required to postpone the application of the law. And identified the Ministry of Finance on February 16, 2012 the first of next June date for the direct tariff for all goods entering Iraq to support the production, industry, local agriculture and the reduction of dumping Alrdaihmn his part, Member of Finance Committee Vice Haitham al-Jubouri, the existence of an agreement between the Commission on sales in the banks and the central bank to facilitate the sale of dollars to these banks, indicating that administrative corruption Msthari in the banks and there is strict control by the state to reduce corruption. Jubouri said: The corruption hangs over the government and private banks and the central bank, and there is information to the Finance Committee that some banks do not comply with regulations prescribed for the sale and purchase of foreign currency, as well as the existence of an agreement between the Commission on sales in the banks and the central bank to facilitate the sale of dollars to these banks. He added, dedicated bank my parents to buy dollars from the Central Bank, to support the private sector, and operates according to certain controls and interest rate is limited not to exceed (10) points, indicating that the National Bank of following the interest rate, and is actually what you buy from the central bank sold according to this interest. He explained: that the Finance Committee decided to grant the banks the right to purchase dollars from the Central Bank responded to the bank and open the door to the Rafidain Bank and North Bank National, one of the private banks strong
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