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The border outlets convert the budget income from rentier to revenue


yota691
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The border outlets convert the budget income from rentier to revenue

 
Baghdad / Mustafa Al-Hashemi
 
The Market Research and Consumer Protection Center, those in charge of the economic file in Iraq, called for intensifying work on the side of the border crossings and enhancing their role, due to their economic importance in terms of diversifying budget revenues and converting them from rentier to revenue, in a way that would revive the internal economy, reduce unemployment rates and provide job opportunities.
The consumer audience
The director of the center, Dr. Yahya Kamal Khalil, said in a statement to Al-Sabah: “It is necessary to put in place plans to enhance the work of the border crossings and the government's control over them to limit the entry of goods of poor origin that do not match the Iraqi standard specifications.”
Khalil emphasized that “the entry of inferior goods inflicts great material damage on the public of consumers. Because they are supposed to have paid money for a certain commodity that should meet the standard specifications, not that they get an inferior good for their money.
He pointed out that «all border crossings are staffed by inspection bodies to ensure the safety of goods entering the country, 
Except that there are inferior goods 
A counterfeiter enters the market illegally or through smuggling ».
 
Official outlet
The center’s director suggested “establishing an area or outlet for Karamk in the Kirkuk governorate that is officially subject to the central government, as it will support the entry of good goods that match the Iraqi standard specifications, as well as strengthen control over the market 
And enhancing revenues to serve the national economy ».
And Khalil said that «the unemployment rate, which reached 31 percent - according to the Ministry of Planning - is a negative indicator in the Iraqi economy, which has the ability to diversify its financial revenues in the event that other productive sectors, such as tourism, of all kinds, industry, and agriculture, are activated, stressing that« diversification The revenues will contribute to providing job opportunities, which will reduce unemployment and provide job opportunities in the public and private sectors.
 
Annual revenues
The economist Bassem Jamil Antoine confirmed that "the state treasury will get 15 billion dollars annually if the fight against corruption continues at the border crossings."
He added that «closing the borders and applying the customs tariff law contributes to an extremely large increase in local production, as it will prevent the entry of foreign goods that are similarly produced in Iraq,» indicating that «the revenues of the border outlets are a key factor in feeding the state budget, as it was paying 50 percent of the budget. Iraq in the past, there are more than 22 border outlets across the country ».
Antoine believes that «there is an absence of a specific curriculum for import, so we need to set a customs tariff in accordance with international laws so that there are no jurisprudence, and that there be inspection committees characterized by efficiency, experience and integrity with the unification of the various bodies such as the Ministry of Trade, the Central Bank and Customs, and that the income tax is based on value The real goods that enter Iraq ».
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1 hour ago, ChuckFinley said:

I agree LB and once they get their agriculture going that will add another revenue stream. 

I agree ChuckF,  they need to get going the private sector, industrial sector and as you said the agricultural sector..... Diversification of the economy 👍🏼

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