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The government imposes a high mark on 9 consumer goods .. know them

Release date: 2018/6/10 12:27  1087 times read
The government imposes a high mark on 9 consumer goods .. know them
(Baghdad: Al Furat News) The General Secretariat of the Council of Ministers, the decision to impose high customs duties on the import of 9 consumer goods in order to protect the local product.
"The Cabinet approved the recommendation of the competent authority in the Department of Industrial Development and Organization of the Ministry of Industry and Minerals on the protection of products by imposing an additional customs fee based on the provisions of Article 14 of the Iraqi Products Protection Act No. 11 of 2010," the statement said. the average". 
The statement added that "the decision referred to the imposition of an additional tariff of 20% of the value of the unit of measurement of the product of men's suit imported to Iraq from the countries and the creator of all the item of customs {62031900} for four years without reduction and control of the domestic market during the period of application of additional customs fees."
He added: "The imposition of an additional customs fee of 30% of the unit of measurement of the producers of a minor white garment means clear to the pots and dishes imported to Iraq from the countries and the creator of all the two items of customs {34022022,34022010} for four years without reduction and control of the local market during the period of application of customs duties Add-in ". 
"The imposition of an additional customs fee of 50% of the unit of measurement of the product of chicken and chicken pieces and all products contained in the sections of the customs item {02.07} of the imported frozen frozen meat chicken and the countries and all the producers for four years without reduction and control of the local market during the period of application of customs duties With the cancellation of all customs exemptions, whether for the private, public or mixed sectors or for any reason,
And imposing an additional tariff of 26% of the unit of measurement of the product of the imported stations to Iraq from all countries and producers for a period of four years without reduction and control of the local market during the period of application of additional customs duties, impose an additional customs fee of 100% Kassel and the PPR imported into Iraq from all countries and exporters of all customs items for a period of four years without reduction, control of the local market during the period of application of additional customs duties, and imposition of an additional tariff of 27% of the unit of measurement of the producers of the Thromstone Block , And LANSOPRAZOL 15MGTABLET importers to Iraq from the countries and the creation of all items of the two items of the Kurdish 30043900 and 68101100 for four years without reduction, and control the domestic market during the period of application of additional customs duties.
The statement pointed to "imposing an additional tariff of 200% of the unit of measure of the textbook product for the primary and secondary levels imported to Iraq from the countries and all producers with the customs item 49019930 for four years without reduction and control of the local market during the period of application of additional customs duties." 
He pointed out that "the imposition of a customs tariff of 85% of the unit of measurement of potato chips imported to Iraq from countries and producers of all the 19059080 customs item for four years without reduction, and control of the domestic market during the period of application of additional customs duties.
He pointed out that "the General Customs Authority of the Ministry of Finance applies the additional customs fee for the mentioned products and the notification of the Ministry of Industry and Minerals / Department of Industrial Development and Organization periodically on the quantity of Iraq's imports of the said products of the mentioned products and the additional customs fees collected on imports from the product Foreign currency, value of imports, export countries and importers. 
The Secretariat of the Council of Ministers that "this decision is implemented as of 5/8/2018," indicating that "came in line with the Iraqi government's directions on the protection of local products and support the national industry."
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Passing it down to the consumer !  Who is getting poorer by the day . ( Wondering what could help out the citizens of Iraq the most ? )

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4 hours ago, jeepguy said:

Passing it down to the consumer !  Who is getting poorer by the day . ( Wondering what could help out the citizens of Iraq the most ? )

Hmmmmmmmmmm, I am sure we can come up with one.  

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Customs duties on imported goods and materials

   
 

 
2.jpg


11/6/2018 12:00 am 

 Baghdad / Sabah 
In order to protect and support the local product, the government is preparing to apply high customs duties on the import of materials and consumer goods in next August. The Cabinet approved the recommendation of the competent authority in the Department of Industrial Development and Organization of the Ministry of Industry and Minerals on the protection of products by imposing an additional customs duty based on the provisions of Article 14 of the Iraqi Products Protection Law No. 11 of 2010, "According to the statement," an additional customs duty of 20% of the value of the unit of measurement of the product of imported men's suit was added, with 30% on the unit of measurement of the producers of a white garment for clear utensils and 50% for a chicken product and chicken pieces and products. " 
He confirmed the imposition of 26% of the unit of measurement of the product of imported stations and 100% of the unit of measurement of the products of the cream and the Newcastle vaccine and the small ruminants PPR, in addition to 27% of the unit of measurement producers of the Block Thromston. 
The statement added that "the imposition of an additional customs duty of 200% of the unit to measure the book product for the primary and secondary levels and 85% of the unit to measure the product of potato chips natural," adding the General Authority of Customs in the Ministry of Finance to apply the additional customs duty for the above mentioned products and the notification of the Ministry of Industry and Minerals , And will implement the decision from the fifth of next August. " 
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Iraqi Port

  

 money and business


Economy News Baghdad

The General Secretariat of the Council of Ministers revealed the imposition of high customs duties on the importation of 9 consumer goods in order to protect the local product.

"The Cabinet approved the recommendation of the concerned authority in the Department of Industrial Development and Organization of the Ministry of Industry and Minerals on the protection of products by imposing an additional customs duty based on the provisions of Article 14 of the Protection of Products Law," the Secretariat said in a statement quoted by the newspaper " Iraq No. 11 of 2010 amended ".

The statement added that "the decision referred to the imposition of an additional customs duty of 20% of the value of the unit of measurement of the product of men's suit imported to Iraq from countries and originators of all customs item (62031900) for four years without reduction and control of the domestic market during the period of application of additional customs duties" .

He added, "The imposition of an additional customs duty of 30% of the unit of measurement of the minor producers of white garments means clear containers and containers imported to Iraq from the countries and the producers of all the two customs items (34022022 and 34022010) for four years without reduction and control of the local market during the period of application of fees Additional customs ".

He added: "The imposition of an additional customs duty of 50% of the unit of measurement of the chicken product, chicken pieces and all the products listed in the sections of the customs item (02.07) for imported imported frozen chicken meat and from all countries and producers for four years without reduction and control of the local market during the period of application of customs duties With the cancellation of all customs exemptions, whether for private, public or mixed sectors or for any reason whatsoever. "

He pointed out that "imposing an additional customs duty of 26% of the unit of measurement of the product of the imported stations to Iraq from all countries and producers for four years without reduction and control of the local market during the period of application of additional customs duties, as well as the imposition of an additional customs duty of 100% measuring products Annona vaccine Neo Castle vaccine PPR PPR imported into Iraq from all countries and origins with tariff items (30023000.04029920.04029120) for a period of four years and without areduction, and control the local market during the period of application of the additional customs duties. "

The statement added that "an additional customs duty of 27% of the unit of measurement of the producers of the Thromstone Block and theLANSOPRAZOL 15MGTABLET imported to Iraq from all countries and exporters of the two customs items (30043900 and 68101100) for four years without reduction and control of the local market during the period of application of additional customs duties" .

The statement pointed to "imposing an additional customs duty of 200% of the unit of measurement of the textbook product for the primary and secondary levels imported to Iraq from all countries and producers with the customs item 49019930 for four years without reduction and control of the local market during the period of application of additional customs duties."

He pointed out that "the imposition of a customs duty of 85% of the unit of measurement of potato chips imported to Iraq from countries and producers of all customs item 19059080 for four years without reduction, and control of the domestic market during the period of application of additional customs duties.

He pointed out that "the General Customs Authority of the Ministry of Finance applies the additional customs duties for the said products and the notifications of the Ministry of Industry and Minerals / Department of Industrial Development and Organization periodically on the amount of Iraqi imports of the said products of the said products and the value of additional customs duties being levied on imports from the product Foreign currency, value of imports, export countries and importers.

The Secretariat of the Council of Ministers that "this decision is implemented from 5/8/2018," indicating that "it came in line with the Iraqi government's directions on the protection of domestic products and support the national industry."


Views 832   Date Added 11/06/2018

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Saleh reassures flexible solutions that maintain economic security

   
 

 
 


12/6/2018 12:00 am 

After the accumulation of thousands of containers of goods in the port of Umm Qasr  
Baghdad / Hussein Thugb

Efforts are underway to find solutions to contain the problem of the accumulation of thousands of containers at the port of Umm Qasr, where the claims come in quick and long-term solutions to coordinate between the Council of Ministers, stakeholders and the private sector, parties concerned with keeping prices within levels that do not exhaust the low-income family economy. 

Advisor to the Prime Minister d. The appearance of Mohammed Saleh confirmed to the "morning" "This problem is a follow-up from the Prime Minister's Office and reassure everyone that the problem is on its way to a flexible solution that preserves the economic security of Iraq," pointing out that "solutions contribute to the introduction of goods to local markets smoothly and in accordance with law And address the bottlenecks that occurred during the last period, and to maintain price levels in the domestic markets. 
He pointed out that "the safety of the economy represents a goal and the obstacles that led to this problem are being overcome to maintain the relativity of the supply of goods and the flow of trade."  Transport companies



The number of containers stacked during the last period 9123 containers containing various types of goods, which led to the delay to raise high fees by the international transport companies and impose fictitious amounts, which requires the government to intervene to contain the situation and extend the grace period for the entry of containers to the end of the year And then study the matter by all parties concerned and exit in a format that maintains the local market, "according to traders and those interested in economic affairs." 
The spokesman for the General Company for Iraqi Ports, Anmar Al-Safi said in a press statement that "the Authority of sea ports imposed a full customs tariff, which was not in force earlier, which led to doubling the amounts and procedures required of traders and owners of import companies, who refused to interact with the resolution The new, which led to the accumulation of containers and goods in the ports of the province of Basra.
Basra province and by the governor Asaad Eidani confirmed that "the local government has made several observations on the recent decisions of the Ports Authority, including decisions that led to the accumulation of goods at the port of Umm Qasr." 
The traders and suppliers organized a gathering in the Baghdad Chamber of Commerce during which they presented a number of demands that lead to maintaining the prices of the market and not burdening the citizen with new prices and raising the coordination between the concerned public institutions and the private sector. Price level



The head of the Federation of Chambers of Commerce Jaafar al-Hamdani said in the morning: "The imposition of any new instructions on the import of goods requires studying the matter in all respects, and there is a clear opinion of the private sector on this process and can provide advice that maintains the price level within its borders Natural ". He pointed out that "the protection of the local product requires that there be a study of the reality of national production of a certain material and how much cover the need of the market and then work to determine the quantities to be imported or impose taxes and duties on the importer," stressing the importance to work towards activating our industrial and agricultural sector and then initiate To put mechanisms that limit the prices, " 
noting that" the delay that occurred in the southern ports leads to higher prices to large levels, for example the rise of imported chicken ton $ 1000 and school books 200 percent .. And the list goes on. " 
"The inconsistency in the instructions between the concerned institutions led to the accumulation of thousands of containers in the southern ports, which led the global transport companies to raise the price of delay to a large level, and did not stop at this limit, but went beyond that and began transport companies The international is working to empty the containers in the port and make the importer adopt a new transfer of more expensive, and there are companies that no longer make the ports of Basra within its destinations (according to Yasiri). 
He pointed out that "postponing the prime minister to work the new instructions to the beginning of next July means that the problem exists and may be complicated, and this is not in favor of the Iraqi market," and called for delaying the application of instructions to the beginning of next year to be there time to study this matter and exit results do not affect the market Local and maintain the price level. "  Specific controls



On the issue of import licensing between Yasiri, "It is common practice in all parts of the world that the import license is granted to the prohibited substances that the country needs to carry out a specific and necessary order. As for food, vehicles and other materials, it is different and import procedures according to certain regulations maintain the local market and support the national economy , And there are global experiences in this matter can be benefited from. 
A number of importers are threatened with bankruptcy to delay containers transporting goods imported to cover domestic demand in the markets. Import license



"The demands of the traders were to delay the work of the new laws and regulations, to release the packed containers as soon as possible without an import license, and to form a joint committee of ministries and relevant departments and the elite of companies in the country of origin and importers of experienced and experienced Iraqis, The exemption of raw materials and machines from duties and taxes and the abolition of charges to protect the local product, and the calculation of customs tariff for some materials in tons or meters, not the number of construction materials to avoid corruption and customs claims.
He also said the cancellation of all the tax and customs exemptions that are specifically granted to all governmental and non-governmental institutions and bodies, the enactment of clear laws and the review of all previous resolutions, legislation and instructions, as well as the cancellation of controls established recently and in accordance with instructions issued by the government On the central route between the port and the provinces, which resumes detection procedures a second time.

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http://www.alsabaah.iq/ArticleShow.aspx?ID=158637.........

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Saleh reassures flexible solutions that maintain economic security

   
 

 
 

12/6/2018 12:00 am 
 
After the accumulation of thousands of containers of goods in the port of Umm Qasr  
Baghdad / Hussein Thugb
Efforts are underway to find solutions to contain the problem of the accumulation of thousands of containers at the port of Umm Qasr, where the claims come in quick and long-term solutions to coordinate between the Council of Ministers, stakeholders and the private sector, parties concerned with keeping prices within levels that do not exhaust the low-income family economy. 
Advisor to the Prime Minister d. The appearance of Mohammed Saleh confirmed to the "morning" "This problem is a follow-up from the Prime Minister's Office and reassure everyone that the problem is on its way to a flexible solution that preserves the economic security of Iraq," pointing out that "solutions contribute to the introduction of goods to local markets smoothly and in accordance with law And address the bottlenecks that occurred during the last period, and to maintain price levels in the domestic markets. 
He pointed out that "the safety of the economy represents a goal and the obstacles that led to this problem are being overcome to maintain the relativity of the supply of goods and the flow of trade."  Transport companies



The number of containers stacked during the last period 9123 containers containing various types of goods, which led to the delay to raise high fees by the international transport companies and impose fictitious amounts, which requires the government to intervene to contain the situation and extend the grace period for the entry of containers to the end of the year And then study the matter by all parties concerned and exit in a format that maintains the local market, "according to traders and those interested in economic affairs." 
The spokesman for the General Company for Iraqi Ports, Anmar Al-Safi said in a press statement that "the Authority of sea ports imposed a full customs tariff, which was not in force earlier, which led to doubling the amounts and procedures required of traders and owners of import companies, who refused to interact with the resolution The new, which led to the accumulation of containers and goods in the ports of the province of Basra.
Basra province and by the governor Asaad Eidani confirmed that "the local government has made several observations on the recent decisions of the Ports Authority, including decisions that led to the accumulation of goods at the port of Umm Qasr." 
The traders and suppliers organized a gathering in the Baghdad Chamber of Commerce during which they presented a number of demands that lead to maintaining the prices of the market and not burdening the citizen with new prices and raising the coordination between the concerned public institutions and the private sector. Price level



The head of the Federation of Chambers of Commerce Jaafar al-Hamdani said in the morning: "The imposition of any new instructions on the import of goods requires studying the matter in all respects, and there is a clear opinion of the private sector on this process and can provide advice that maintains the price level within its borders Natural ". He pointed out that "the protection of the local product requires that there be a study of the reality of national production of a certain material and how much cover the need of the market and then work to determine the quantities to be imported or impose taxes and duties on the importer," stressing the importance to work towards activating our industrial and agricultural sector and then initiate To put mechanisms that limit the prices, " 
noting that" the delay that occurred in the southern ports leads to higher prices to large levels, for example the rise of imported chicken ton $ 1000 and school books 200 percent .. And the list goes on. " 
"The inconsistency in the instructions between the concerned institutions led to the accumulation of thousands of containers in the southern ports, which led the global transport companies to raise the price of delay to a large level, and did not stop at this limit, but went beyond that and began transport companies The international is working to empty the containers in the port and make the importer adopt a new transfer of more expensive, and there are companies that no longer make the ports of Basra within its destinations (according to Yasiri). 
He pointed out that "postponing the prime minister to work the new instructions to the beginning of next July means that the problem exists and may be complicated, and this is not in favor of the Iraqi market," and called for delaying the application of instructions to the beginning of next year to be there time to study this matter and exit results do not affect the market Local and maintain the price level. "  Specific controls



On the issue of import licensing between Yasiri, "It is common practice in all parts of the world that the import license is granted to the prohibited substances that the country needs to carry out a specific and necessary order. As for food, vehicles and other materials, it is different and import procedures according to certain regulations maintain the local market and support the national economy , And there are global experiences in this matter can be benefited from. 
A number of importers are threatened with bankruptcy to delay containers transporting goods imported to cover domestic demand in the markets. Import license



"The demands of the traders were to delay the work of the new laws and regulations, to release the packed containers as soon as possible without an import license, and to form a joint committee of ministries and relevant departments and the elite of companies in the country of origin and importers of experienced and experienced Iraqis, The exemption of raw materials and machines from duties and taxes and the abolition of charges to protect the local product, and the calculation of customs tariff for some materials in tons or meters, not the number of construction materials to avoid corruption and customs claims.
He also said the cancellation of all the tax and customs exemptions that are specifically granted to all governmental and non-governmental institutions and bodies, the enactment of clear laws and the review of all previous resolutions, legislation and instructions, as well as the cancellation of controls established recently and in accordance with instructions issued by the government On the central route between the port and the provinces, which resumes detection procedures a second time.
 
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Picture of the conference "Facebook"

  

 money and business


Economy News Baghdad

The Chairman of the Federation of Iraqi Chambers of Commerce, Chairman of the Baghdad Chamber of Commerce, Jaafar al-Hamdani, stressed that the decision to impose high customs duties on consumer goods will lead to raising prices in the local market, calling for reconsideration of these fees and decisions that caused many problems for traders.

In a speech at a special conference organized by the National Gathering of Iraqi Traders with the participation of the Federation of Chambers of Commerce and the Baghdad Chamber of Commerce, Al-Hamdani said, "The problems of traders at border crossings, customs and imports. Consumer goods under the pretext of protecting the national product and some fees to 50%, which will contribute to raise prices in the domestic market with the start of the new school year.

Al-Hamdani said that "with any decision protects the industry and the local product, but we note that the plants do not cover 10% of the need of the market and the imposition of fees on frozen chickens will strain the budget of the Iraqi family," calling for "privatization of border crossings to provide the best services for the importer and the Iraqi trader, The situation of border crossings miserable since the seventies of the last century. "

In conclusion, Al-Hamdani called on the government to "reconsider the decision to increase customs duties on consumer goods because it does not serve the interest of the people." He pointed out that the conference will prepare a working paper signed by 1,000 merchants for the purpose of submitting them to the Council of Ministers for discussion and discussion.


Views 358   Date Added 06/12/2018

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8424.jpg
Iraqi Port

  

 money and business


Economy News Baghdad

The General Secretariat of the Council of Ministers revealed the imposition of high customs duties on the importation of 9 consumer goods in order to protect the local product.

"The Cabinet approved the recommendation of the concerned authority in the Department of Industrial Development and Organization of the Ministry of Industry and Minerals on the protection of products by imposing an additional customs duty based on the provisions of Article 14 of the Protection of Products Law," the Secretariat said in a statement quoted by the newspaper " Iraq No. 11 of 2010 amended ".

The statement added that "the decision referred to the imposition of an additional customs duty of 20% of the value of the unit of measurement of the product of men's suit imported to Iraq from countries and originators of all customs item (62031900) for four years without reduction and control of the domestic market during the period of application of additional customs duties" .

He added, "The imposition of an additional customs duty of 30% of the unit of measurement of the minor producers of white garments means clear containers and containers imported to Iraq from the countries and the producers of all the two customs items (34022022 and 34022010) for four years without reduction and control of the local market during the period of application of fees Additional customs ".

He added: "The imposition of an additional customs duty of 50% of the unit of measurement of the chicken product, chicken pieces and all the products listed in the sections of the customs item (02.07) for imported imported frozen chicken meat and from all countries and producers for four years without reduction and control of the local market during the period of application of customs duties With the cancellation of all customs exemptions, whether for private, public or mixed sectors or for any reason whatsoever. "

He pointed out that "imposing an additional customs duty of 26% of the unit of measurement of the product of the imported stations to Iraq from all countries and producers for four years without reduction and control of the local market during the period of application of additional customs duties, as well as the imposition of an additional customs duty of 100% measuring products Annona vaccine Neo Castle vaccine PPR PPR imported into Iraq from all countries and origins with tariff items (30023000.04029920.04029120) for a period of four years and without areduction, and control the local market during the period of application of the additional customs duties. "

The statement added that "an additional customs duty of 27% of the unit of measurement of the producers of the Thromstone Block and theLANSOPRAZOL 15MGTABLET imported to Iraq from all countries and exporters of the two customs items (30043900 and 68101100) for four years without reduction and control of the local market during the period of application of additional customs duties" .

The statement pointed to "imposing an additional customs duty of 200% of the unit of measurement of the textbook product for the primary and secondary levels imported to Iraq from all countries and producers with the customs item 49019930 for four years without reduction and control of the local market during the period of application of additional customs duties."

He pointed out that "the imposition of a customs duty of 85% of the unit of measurement of potato chips imported to Iraq from countries and producers of all customs item 19059080 for four years without reduction, and control of the domestic market during the period of application of additional customs duties.

He pointed out that "the General Customs Authority of the Ministry of Finance applies the additional customs duties for the said products and the notifications of the Ministry of Industry and Minerals / Department of Industrial Development and Organization periodically on the amount of Iraqi imports of the said products of the said products and the value of additional customs duties being levied on imports from the product Foreign currency, value of imports, export countries and importers.

The Secretariat of the Council of Ministers that "this decision is implemented from 5/8/2018," indicating that "it came in line with the Iraqi government's directions on the protection of domestic products and support the national industry."


Views 2350   Date Added 06/11/2018

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13:54
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The time now is 02:04 PM
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BAGHDAD (Reuters) 

- The cabinet imposed an additional 20 percent to 200 percent on tariffs on goods, foodstuffs, medical supplies, clothing and textbooks, according to documents obtained by Al-Ghad Press on Tuesday.

According to the documents, the Council of Ministers decided at its twenty-second ordinary session held on 5/6/2018, "to approve the recommendation of the competent authority in the Ministry of Industry and Minerals (Industrial Development and Organization) on the imposition of additional customs duties on some goods and goods. 

The Council of Ministers decided to impose an additional 20% of the value of the unit of measurement of the product of the men's suit imported to Iraq for a period of four years without reduction, and by 30% of the unit of measurement of the minor producers of white clothing. reduction".

The Council of Ministers also imposed an additional tariff of (50%) from the unit of measuring the production of chicken, chicken pieces and all products contained in the sections of the customs clause (2007) for frozen imported chicken meat and from all countries and originators for four years without reduction, Customs, whether private, public or mixed, or for any reason whatsoever. " 

The percentage of additional customs (100%) on products: cream, Newcastle vaccine, small pox vaccine (PPR) imported to Iraq from countries and originators for four years. 

The decision included "imposing an additional 27% on the producers of the LANSOPRAZOL 15MG TABLET, importers to Iraq from all countries and all walks of life for four years without reduction."

While the percentage of additional customs on the "textbook for the primary and secondary levels imported to Iraq from all countries and originators, 200%, and 85% of the product (chips) natural potatoes imported to Iraq." 

According to the decision of the Council of Ministers, the application of the new customs duty will begin on August 5.
 
mgls1-636644086623343118.jpg
 
mgls2-636644086623499368.jpg
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Federation of Chambers of Commerce calls for reconsideration of high customs duties on imported goods

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 money and business

 

Economy News Baghdad

The Chairman of the Federation of Iraqi Chambers of Commerce, Chairman of the Baghdad Chamber of Commerce, Jaafar al-Hamdani, stressed that the decision to impose high customs duties on consumer goods will lead to raising prices in the local market, calling for reconsideration of these fees and decisions that caused many problems for traders.

In a speech at a special conference organized by the National Gathering of Iraqi Traders with the participation of the Federation of Chambers of Commerce and the Baghdad Chamber of Commerce, Al-Hamdani said, "The problems of traders at border crossings, customs and imports. Consumer goods under the pretext of protecting the national product and some fees to 50%, which will contribute to raise prices in the domestic market with the start of the new school year.

Al-Hamdani said that "with any decision protects the industry and the local product, but we note that the plants do not cover 10% of the need of the market and the imposition of fees on frozen chickens will strain the budget of the Iraqi family," calling for "privatization of border crossings to provide the best services for the importer and the Iraqi trader, The situation of border crossings miserable since the seventies of the last century. "

In conclusion, Al-Hamdani called on the government to "reconsider the decision to increase customs duties on consumer goods because it does not serve the interest of the people." He pointed out that the conference will prepare a working paper signed by 1,000 merchants for the purpose of submitting them to the Council of Ministers for discussion and discussion.

 

Views 470   Date Added 06/12/2018

http://economy-news.net/content.php?id=12626

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Won't be able to buy much fried chicken and French fries over there anymore. Now they finally will have a reason to hit that big red button! RV = more KFC. Getter done 🐔🍟🍗

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The folks are being bled white of purchasing power and their patience. They were “ promised “ a currency that would return to its former glory “ - as of yet, this has not happened. These Bureaucrats are pushing their luck if they think a tipping point with the folks is still far off.

BS Like this only furthers the aggravation of its citizens while they see still no signs of what they were “ promised “

 

keeping my eye 👁 on the CBI 

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Tariffs..... the new source of income for the corrupt....but to do it, something has got to give I would think....this sounds like possibly great news to me

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10 hours ago, haymon said:

I love the line "to protect and support system" rel="">support the product"...... they have none. But oil.

Bingo Haymon, an I think that’s the point. The private sector is what will grow Iraq into another Dubai in the region an not fully dependent on oil. It’s just a matter of time now that the CBI will give the Dinar more purchasing power, probably within a few weeks. 

I know most of the time we think their all a bunch of morons but this seems like a pretty good plan to me. Force the population to support themselves rather than import everything...

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       WHAMMY!  You gotta feel sorry for the professional Iraq student, who wears a suit, loves his chicken nuggets, is

      studying nuclear science textbooks for a job in Iran, drinks cream in his coffee and needs his Prevacid. Hey buddy

.....you are skrewed. Carrying the load of the Iraq economy on your shoulders, while you sit in your room playing FIFA 2017.

 

                                                                   Yup. Those guys. Oh woe...….!!  LOL  :lol:

 

        Related image

 

  

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Thanks Yota...It looks like the UN has just started what Iraq needs to establish international status...Once Iraq is cleared of their sanctions...The only thing left is the Chapter 8 agreement...and the CBI hands are untied...jmho

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30 minutes ago, Botzwana said:

I will hold you to that.  2 weeks folks!  

Botzwana, does that make me a guru? If it does I will go ahead and give the rate as well. The Dinar will come out at 1.2 to the Dollar an move up from there. 

Hey, I'm liking this guru thing. Could everyone send me $20.00 a week an I'll tell you again next week....

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"According to the decision of the Council of Ministers, the application of the new customs duty will begin on August 5."

 

Hmmmm.  Not much time left to get all their ducks in a row.

 
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15 minutes ago, King Bean said:
Image result for funny guru images

 

Question:" What is the meaning of LIFE ? " 

Answer: " Crush your Enemies, have them Driven Before You and Listen to the Lamentations of Their Women " 

 

My Tank Platoon Leader ( 2nd Lieutenant ) was a BIG Conan the Barbarian fan . . . a Real soldiers, soldier. 

 

 

 

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