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[size=30]An economic researcher for “Iraq 24”: The talk of profiting from controlling lost customs revenues..a most important perception!
2021-08-18
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Yes Iraq: Baghdad
The researcher in economic affairs, Nabil Al-Ali, underestimated the importance of talking about the size of the interest derived from customs revenues in the event of controlling them and ridding them of corruption.
Al-Ali said during his hosting of the last hour program shown by Iraq 24 TV, that “Iraq imports approximately 40 billion dinars annually, which is the number that the Central Bank sells through the currency sale window annually,” noting that “the percentage of customs revenue set by law is about 7% of these amounts.” It amounts to only $2 billion annually, and these are simple numbers that do not coincide with the popular and political perception that if the borders have not been controlled and the full revenues will be sufficient to build the state or compensate for oil revenues.”
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