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An invitation to link the Iraqi dinar to the global economy
1/19/2016 0:00  BAGHDAD Hussein al-Tamimi Tgb     stressed global stock representative in Iraq Osama Mahmoud importance of unifying laws and legislation governing economic action, pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world’s currencies, which in turn will give the power of the economic process within the country.
He said in an interview «morning»: that the Iraqi economy at the current stage needs to be clearly defined, pointing out that the laws relating to the economic aspect is still pursuing regulations socialist formula in the economic management of the sector, while economic and trade process pursues an open economy approach or the so-called (the market economy) .

He noted that this duplication of inevitably the economic file management will produce an economy is uncertain, Dhi different results, and here you must know that all the major industrialized nations rely open market that adopted in the production processes and import and export operations theory, and therefore, the state of commercial exchange between the countries process It must be built on a unified economic system.
Mahmoud said, an example of the reality of the Iraqi economy, it continues to rely on letters of guarantee granted to the traders to complete the import of goods operations, and this means limited to Iraqi criticism within the banks, and then prevent the spread of the Iraqi dinar in international markets,
and the result was to weaken the value of the dinar and the inability to use it outside the borders of Iraq, noting the importance of the introduction of the Iraqi dinar to global markets.
He continued by saying that the most important results of the unification of laws with economic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency
This in turn will give the power of the economic process in Iraq. He said that the entry of the Iraqi dinar investment and thus can any investor to keep the Iraqi dinar as an investment in the currency market, there is no harm in raising the ceiling of printing the local currency as long as there are cash lid covers the domestic currency trading volume in global markets,
also contributes to reduce hard currency emerging from Country, where traders will be able to import goods in Iraqi dinars, as well as an end to the black market phenomenon the fact that traders do not need to buy hard currency to finance their business operations.
Mahmoud said that linking the Iraqi dinar to the global economy leads to obviate the need for an auction of hard currency, which will determine the dinar exchange rate universally Iraqi against a basket of world currencies, helping to rewrite the business model of the private banks,
instead of banks reliance on letters of guarantee and daily quota of hard currency given to it by the central bank on which the banks in achieving their profits, the introduction of banks investment as a project In the major internal and external business processes to take an active role in the country’s economy in the Renaissance.
http://www.alsabaah.iq/ArticleShow.aspx?ID=108592
Tlm724:   Thanks BondLady ! A very interesting and telling opinion piece from global stock representative in Iraq Osama Mahmoud !
“pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world’s currencies, which in turn will give the power of the economic process within the country. ”
Tlm724:   I love that , he is stating what we want and have been waiting for all these years ! Link the dinar to the world, give it presiage ,in other words lift her up buttercup , show the true value !!
an example of the reality of the Iraqi economy, it continues to rely on letters of guarantee granted to the traders to complete the import of goods operations, and this means limited to Iraqi criticism within the banks, and then prevent the spread of the Iraqi dinar in international markets, and the result was to weaken the value of the dinar and the inability to use it outside the borders of Iraq, noting the importance of the introduction of the Iraqi dinar to global markets. ”
Tlm724:  the dinar has taken a beating because of the GOI’s lack of focus (cough cough) how can their currency grow when it’s treated like a red headed step child lol the inability to use it outside the borders of Iraq, time for the change  Wink
” that the most important results of the unification of laws with economic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency ”
Tlm724:   link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency ! Bring it on baby, we’re so ready !!!
http://www.bondladyscorner.com/t160961-an-invitation-to-link-the-iraqi-dinar-to-the-global-economy
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The application of customs duties on goods entering Iraq tariff
1/19/2016 0:00   Baghdad Al-Sabah   announced that General Customs Authority to start applying the tariff law on goods entering Iraq, including the Kurdistan region.
He said Associate Director of body shimmer Samurai «morning»: The «body began applying the tariff law on all land, air and sea ports, including Kurdistan region with effect from Monday ».
He added that« trucks will pay amounts ranging from 5 to 25 percent of the value of the goods met by the Commission staff who are stationed on the cities, particularly Baghdad outlets. »
http://www.alsabaah.iq/ArticleShow.aspx?ID=108636
Tlm724:    Thank you BondLady !! Great news, here is a document from the GOI Customs site as well as a diff source article :
Director General of the General Authority for Customs professor Kazem Ali Abdullah customs tariff will apply to all border crossing points
latest news
Iraqi industry suffers from depression products and symptoms of consumers by stopping laboratories often due to disruption of labor law customs tariff and import liberalization and the lifting of restrictions on him and opening up the Iraqi market to foreign imports and included by the flow of goods and materials
and saw the government taking a simple conducted a appears to have been entrusted to the trouble It is a return to trade policies that prevailed in Iraq and the Arab world in the sixties of the last century, a protection quantity and price policies and the placement of the vacation import Beah and related actions.
http://www.customs.mof.gov.iq/node/251

diff source
The application of customs duties on goods entering Iraq tariff
01/19/2016 09:43   The General Customs Authority to start applying the tariff law on goods entering Iraq, including the Kurdistan region.
Aide said Authority Director twinkle-Samarrai, said that “the Commission began applying the tariff law on all land, air and sea ports, including the Kurdistan region as of Monday.” .
He said the samurai in a press statement that “trucks will pay amounts ranging from 5 to 25 percent of the value of the goods met by the Commission staff who are stationed on the cities, particularly Baghdad outlets.”
http://www.iraqidev.org/news/index.php/aktsadea/66396.html
The application of customs duties on goods entering Iraq tariff
11:45:19 2016-01-19 | (Voice of Iraq) – Baghdad announced the General Customs Authority to start applying the tariff law on goods entering Iraq, including the Kurdistan region. He said Associate Director of body shimmer Samurai «morning»: The «body began applying the tariff law at all land and air ports and Navy, including the Kurdistan region as of Monday. »He added that« trucks will pay amounts ranging from 5 to 25 percent of the value of the goods met by the Commission staff who are stationed on the cities, particularly Baghdad outlets ».
http://www.sotaliraq.com/newsitem.php?id=315444#ixzz3xi0mQe2j

http://www.bondladyscorner.com/t160965-the-application-of-customs-duties-on-goods-entering-iraq-tariff
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Finance: the decision to impose taxes on cars and alcohol back to last year
Local  Since 01.19.2016 at 12:45 (GMT Baghdad)
Baghdad scales News   A source in the Ministry of Finance, on Tuesday, said the decision to impose a tax return for the year 2015 is supposed to be applied during the current year did not issue any decision to start now on their application.
The source told / scales News /, that “the ministry has developed a special instruction on the application and the imposition of those taxes mechanism was issued from the office of the minister anything official until now, except for the document addressed by the media, which had been brought to everyone from last year.”
He added, that “if the resolutions were passed concerning taxation will be announced to the media.”
He stressed that the parliamentary finance committee member Abdul Qader Mohammed, Tuesday, that the taxes imposed on cars up to 5%, while noting that the application of the customs tariff is linked to instructions issued by the Ministry of Finance.
The government source revealed, earlier in the day Tuesday, starting from the application of taxes and customs tariffs on cars, alcohol and cigarettes, stressing that car prices will rise by 20%. It ended 29 / D 24    LINK

Tlm724:   Smile

http://www.bondladyscorner.com/t160957-finance-the-decision-to-impose-taxes-on-cars-and-alcohol-back-to-last-year
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Parliamentary Finance: the application of the decision to impose new taxes associated ministerial instructions
Local   Since 01.19.2016 at 11:30 (GMT Baghdad)
Special – scales News   He said the parliamentary finance committee member Abdul Qader Mohammed, Tuesday, that the taxes imposed on cars up to 5%, while noting that the application of the customs tariff is linked to instructions issued by the Ministry of Finance.
He said Mohammed’s / scales News /, “The decision to impose taxes and customs tariffs on cars and Kartat shipping and cigarettes and alcohol will be doing the work that the instructions issued by the Iraqi Ministry of Finance.”
He added, “The tax imposed on cars by 5% at registration either cigarettes and alcoholic beverages will be 100%,” noting that “the taxes that will be imposed on Kartat shipping of mobile phones will reach the 20%.”
He continued, “The last year was a tax imposed on car prices by 20% but now identified by 5%,” stressing that “the executive bodies are to decide the deadline to start procuring those taxes.”
The government source revealed, earlier in the day Tuesday, starting from the application of taxes and customs tariffs on cars, alcohol and cigarettes, stressing that car prices will rise by 20%. It ended 29 quarters e  LINK
Tlm724:   Smile
http://www.bondladyscorner.com/t160956-parliamentary-finance-the-application-of-the-decision-to-impose-new-taxes-associated-ministerial-instructions
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Start imposing new taxes and the prices of cars go up to 20%

Economy and Tenders
Since 01.19.2016 at 09:46 (GMT Baghdad)
Special scales News   A government source revealed on Tuesday, about to start applying the taxes and customs tariffs on cars, alcohol and cigarettes, stressing that car prices will rise by 20%.
The source told / scales News /, that “the government began to implement the tax in the day with the provincial government rejects the application,” pointing out that “the prices of cars will increase by 20%.”
He added, “It has direct erected Sitarat auditing to Baghdad through Basra and set the car carrying 12 returned for evaluation and audit in accordance issued by the Ministry of Finance on the new tax decisions.”
While stressing source of border crossings that Jaabiyat Directorate of Customs Authority for 2015 of up to $ 500 million, adding that this amount will not fill the deficit or flows into the financial budget.
It is said that / scales News / got yesterday on the document on the taxation of cars by 5% and on alcoholic beverages and cigarettes by 20% as well as the continued imposition of tax on mobile phone and Kartat tax Almtar.anthy 29 / D 24   LINK

Tlm724:   love it !!
http://www.bondladyscorner.com/t160942-start-imposing-new-taxes-and-the-prices-of-cars-go-up-to-20