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Finance begins automating the customs and tax system and submits its project to the Council of Minis

chouchou
chouchou
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Finance begins automating the customs and tax system and submits its project to the Council of Minis Empty Finance begins automating the customs and tax system and submits its project to the Council of Minis

Post by chouchou on Sun 22 Nov 2020, 4:56 am

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{Baghdad: Al Furat News} The Ministry of Finance presented, today, Thursday, a customs automation project through a program presented by the United Nations Conference on Trade and Development.


The information office of the ministry stated in a statement that Al Furat News received a copy of it, that “the automation system will strengthen the management of the financial situation in light of the current financial crisis, and develop the necessary solutions to achieve financial reform, and improve the performance of financial institutions in a way that strengthens the restructuring of the Iraqi economy in the face of future challenges and will contribute to solving Economic problems in Iraq. ”

The statement added, “The Ministry of Finance, in cooperation with the United Nations Conference on Trade and Development UNCTAD, sought to implement the (ASYCUDA electronic customs data system) for the purpose of implementing automation and simplifying procedures in customs as part of its development and improvement of its performance that achieves rational and effective management as well as achieving financial sustainability. The economy diversified according to the principles of integrity, transparency and combating corruption, and the ministry seeks to make it one of the most important sources of support for the state treasury after oil revenues.

The statement pointed out that “the Ministry of Finance has started submitting the customs automation project to the Council of Ministers, which authorized the Minister of Finance to negotiate and contract with UNCTAD to automate the customs work, as the ASYCUDA system is one of the global customs systems and is applied in more than (90) countries in the world.”

The Ministry of Finance disclosed the objectives of the program presented by the United Nations Conference on Trade and Development, which is applied to more than 90 countries in the world, as follows:

 Simplifying and improving customs procedures, speeding work completion, shortening time and dispensing with paper mail.

 The program enjoys high transparency as it is from an international organization and according to international standards specialized in customs procedures.

 Calculating and collecting customs duties and other taxes at a rate of 100% and counting the unknown expenses related to customs operations.

 Modern customs control that contributes to protecting the national economy.

 Reducing the clearance time for goods in addition to contributing to combating customs and tax smuggling by relying on the selective system by specifying the data path and eliminating corruption.

Draw up the economic plan for the trade exchange process according to the reliable and accurate commercial and financial data provided by the electronic system.

 Providing customs ports and their management with fast and accurate information on time and extracting foreign trade statistics.

 The program will be managed by Iraqi hands after being trained on the program by international experts, which will enhance the performance improvement of human resources.

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