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


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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 and dollar smuggling: Has fast food become a cover for currency smuggling from Iraq?

    Rocky
    Rocky
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    Indomie and dollar smuggling: Has fast food become a cover for currency smuggling from Iraq? Empty Indomie and dollar smuggling: Has fast food become a cover for currency smuggling from Iraq?

    Post by Rocky Tue 12 Nov 2024, 4:38 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 and dollar smuggling: Has fast food become a cover for currency smuggling from Iraq?[/size]

    [size=45]Economic expert, Nabil Al-Marsoumi, raised questions about the significant increase in Iraq’s imports of Indomie, and its possible connection to the smuggling of dollars abroad.[/size]
    [size=45]According to data from the General Authority of Customs, Iraq imported about 64,185 tons of Indomie during 2023 from all border crossings, except for the Kurdistan Region, at a cost of $17.7 million, or the equivalent of 23.6 billion dinars, recording an increase of 18% over 2022.[/size]
    [size=45]Al-Marsoumi points out, in a blog post, that the value of Indomie imports may exceed $50 million annually, given that two-thirds of imports pass through Kurdistan ports and unofficial ports, without being registered with the General Authority of Customs.[/size]
    [size=45]It is believed that the import bills for Indomie carry huge amounts that may be much higher than the announced figures.[/size]
    [size=45]This discrepancy surprised the US Federal Reserve, which in turn wondered whether these imports reflect a real demand from Iraqis for Indomie, or whether they are an indirect means of smuggling dollars abroad.[/size]
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      Current date/time is Tue 03 Dec 2024, 8:58 pm