Tariff activated...Iraqi consumers suffer...CBI must react.

[Luigi1]

from Gurus Kaps, TNT & TD...

 

Tariff Tax puts heavy burden on Iraqi consumers already feeling hard times. Luigi wants to know what CBI & GOI must do to relieve tariff tax hardships emposed on the Iraqi consumer? Go RV.

 

 

 

4-24-2015   Newshound Guru Kaperoni   Article quote:  “head of the parliamentary bloc behind Abdul Samad behind, on Thursday, a decision Customs Directorate of the southern region, the private activated the tariff law in all centers and ports, which oversees them.”  Of course prices go up with tariffs!     This is exactly why the CBI cannot sit still and do nothing

 

 

4-24-2015   Intel Guru TNT Tony   The good news is everything is moving forward.  Everyone is feeling the pressure…from governments, from the people of Iraq.  We are hearing from the citizens themselves.  Our understanding is over the weekend or first of next week. We are expecting it.   Everyone is on the highest of alerts.

 

 

4-25-2014  Intel Guru TD  ...The IMF is providing emergency assistance as recently announced. The Kurds are getting loans from Turkey . Prices of goods are under inflationary pressures . Make no mistake about it the declining oil prices are hitting their coffers hard. Abadi is asking for help from anyone who will listen to him but many are just not listening . Bottom line : Iraq not only has its military challenges with ISIS but also is in a financial mess . Before any real international confidence of foreign capital is viable, it's own citizens must have the confidence and "believe" in the viability of the internal banking system and STILL Iraqis are skeptical of its own banks. All this equates to months of sorting out paths to get out of deep holes. It is therefore "wild speculation" to think Iraq can ( in the foreseeable future) regroup fast enough to execute any serious monetary reforms and enter the international arena with a stable, sustainable and increased rate of it's currency rate to compete in direct proportion ( peg) to other major currencies of the world .

 

 

[new york kevin]

Ummm ... increase the value of their money so they have purchasing power.  Great title Luigi. Ho hum article.

[sandfly]

OK

[King Bean]

Kap:   not quite the little rain cloud he has been for the last two years. Maybe his wife finally left and his dog came home.

 

Tony: my keyboard quakes even as I type his pathetic name. Flashback two years. Same content, different date, zero news value. I choke on my coffee

          at the thought of people still reading his cr@p. Same for his lapdog DC.

 

TD:    should change his moniker to Mr. Negative. Lives vicariously through his sole Kurdish "contact" who always states (in my best storm trooper voice)

          "there won't be a change in the dinar RV rates you're looking for. Move along."

[Zebra0101]

They have purchasing power with their money, but they need a wheel barrow to carry it around if they want to buy a 52" flat screen...

Good think they issued the debit cards...

[Candy01]

LOL, KIng Bean, you are TOOO funny!!

 

[Luigi1]

this just in related to above article...

 

 

 

Central Bank: The rise of the dollar because of customs duties and income tax

The governor of the CBI claims that at least some of the reason for the rise in the USD against the IQD has been due to the collection of customs duties (5%) and the collection of income tax (3%) on traders who are buying the dollar....so the street prices go up to ensure the traders reap their expected profit.

[Luigi1]

this just in related to above article...

 

Guru Aggiedad77...

 

Mezni: Parliament hosts Zebari on the lifting of tariffs

Finance Minister Zebari spoke before Parliament this week about the decision to raise customs tariffs....sounds like Parliament is asking some pointed questions regarding decisions made by the COM to determine if they truly are in the best interest of Iraq in general.

[Laid Back]

Inflation is knocking the CBI door.

Higher prices in products and services.

Is time to increase the exchange rate.!

Go Iraq

Go dinar

Go $1+

[Boozer]

May 4th

[Benjamin NutnYahoo]

Some how I expect we will be right here at point A next week, next moth and probably next year.

[Jaygo]

May 4th

?

[WheresmyRV?]

TD is the most depressed guru out there. Why does he even post? He said a year ago that he got rid of his iqd.