Parliamentary economy: We are working on the application of alternative mechanisms for customs tariff

Saturday 22 August 2015


A commission of economy and investment representative, Saturday, for her work with the Ministry of Finance and Economic Committee of the Council of Ministers to find alternative ways for the application of the customs tariff, unexpected and it will increase the country's imports.

Committee Chairman Jawad al-Bolani told the "Qurtas News" "after delaying approval of the customs tariff there became geared towards innovation mechanisms and methods as possible to compensate for the tariff but should should be no harm to the highest citizen and the highest importer," pointing out that "these mechanisms is considering Currently with the competent authorities in the Ministry of Finance and also the Economic Committee in the Council of Ministers in order to get out legal formulas positive. "

Bolani said that "Iraq today is going through an economic crisis and everyone can contribute and help in the recovery by reducing the Dependence on oil and activation of other sectors of the border crossing points between them in all the world that the ports and what is obtained which is a vital resource and a reliable ".

Bolani predicted that "those mechanisms contribute to the growth of the economy and push for progress and development through the activation of service projects and investment after the availability of financial liquidity and properly managed."

Iraq relies on annual financial revenue on the export of oil by up to about 97%, and is seeking through legal legislation package to activate the industrial, agricultural and commercial side, to ensure the development of additional financial revenue along with oil revenues.

The President of the Council of Ministers Thursday 6 current father for the postponement of the new customs tariff work, attributing this to ensure the readiness of border crossing points to be applied away from the corruption and double standards...


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