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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    “Indomie” in Iraq: A popular dish or a dollar smuggling?

    Rocky
    Rocky
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    “Indomie” in Iraq: A popular dish or a dollar smuggling? Empty “Indomie” in Iraq: A popular dish or a dollar smuggling?

    Post by Rocky Mon 11 Nov 2024, 4:36 am

    Posted on[You must be registered and logged in to see this link.] by [You must be registered and logged in to see this link.]

    [size=52]“Indomie” in Iraq: A popular dish or a dollar smuggling?[/size]

    [size=45][You must be registered and logged in to see this image.]
    11/10/2024
    Iraqi economic expert Nabil Al-Marsoumi raised an interesting question about the relationship between importing “Indomie” and dollar smuggling, based on data from the General Authority of Customs.[/size]
    [size=45]Al-Marsoumi said in a statement, “Is there a relationship between Indomie and dollar smuggling?” indicating that “Iraq imported about 64,185 thousand tons of Indomie in 2023 through all border crossings except the Kurdistan Region, at a value of 17.7 million dollars, or the equivalent of 23.6 billion dinars.”[/size]
    [size=45]He explained that "this number represents an increase of 18% compared to 2022."[/size]
    [size=45]Al-Marsoumi added that this number is likely to rise to more than $50 million annually, especially since two-thirds of Iraq’s imports are not registered with the General Authority of Customs, but rather pass through Kurdistan’s ports and illegal ports.”[/size]
    [size=45]Al-Marsoumi cited the US Federal Reserve’s surprise at the import bills for Indomie, which he described as very large and much larger than the announced figures.[/size]
    [size=45]He raised a question about whether these imports actually reflect the Iraqis' love for this food item or whether they represent a means of smuggling dollars abroad.[/size]
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      Current date/time is Tue 03 Dec 2024, 8:19 pm