Revenues from border crossings double .. Parliament awaits 12 trillion dinars
Revenues from border crossings double .. Parliament awaits 12 trillion dinars
11/17/2020 10:52
[Baghdad-Where]
Imports of border crossings across the country, with the exception of Kurdistan, have doubled more than five times over the past, according to government statements.
According to experts, moving the file by Prime Minister Mustafa Al-Kazemi, could push the revenues of the ports in the coming months to the fore after oil imports to supplement the federal budget that suffers a large deficit, while the Finance Committee in the House of Representatives expects to reach 12 trillion dinars if it continues Those procedures.
According to a statement issued by the Ports Authority, Prime Minister Mustafa Al-Kazemi stressed during the meeting of the Council of Entities not associated with the Ministry and the independent bodies yesterday, Monday, the importance of developing border outlets and encouraging investment in them and accelerating the process of completing customs procedures to eliminate administrative and financial corruption.
He also directed the Joint Operations Command to close unofficial crossings to stop smuggling operations, harm the national economy and protect the local product, while agreeing to strengthen human resources by transferring employees from the intelligence service to the authority’s owners.
Mazhar Muhammad Salih, the financial advisor to the prime minister, said, “Adherence to the decisions of the first session of the meeting of the Council of Entities not associated with a ministry, will double the revenues of the border crossings from the import trade.”
He added that “non-oil revenues are still between 6-7% of the total budget revenues, but this government approach will make them rise by at least 25%, on top of which are the federal taxes and fees that are properly collected and according to the progress of electronic estimation, inventory and appraisal systems for imported goods,” To be approved by the border outlets and their customs agencies.
alliraqnews.com