Parliamentary Finance recommends electronic customs linking of imported goods to dollars

 
07/09/2021

Economy News _ Baghdad

Today, Friday, the Finance Committee in the House of Representatives recommended linking a customs electronic tax for imported goods with the Central Bank of Iraq.

The head of the committee, Haitham al-Jubouri, said in an interview with the Iraqi News Agency and followed by "Economy News", that "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."

Al-Jubouri 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 the dollars are given will enter actual goods through the outlets in exchange for them,” noting that “the currency auction is an offer and demand and so far the price is appropriate and the banks In the remittances, they did not make a large profit, but rather some of them are exposed to a loss if the operating budget 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 the light of which the exchange rate change was approved."

https://economy-news.net/content.php?id=25661