CBI underlines the need to apply tariff law at end of the month

Posted: June 24, 2012 in Iraqi Dinar/Politics
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23/06/2012 06:44

BAGHDAD / Center Brief for the Iraqi Media Network – The Central Bank of Iraq, with the application of the law of the customs tariff on goods Alastelakih that help economic development in the country.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh (Brief Center for the Iraqi Media Network) that “the central bank supports the application of the law of the customs tariff on consumer goods that support the Iraqi economy.”

He explained that “the central bank believes it is important to use oil revenues to improve the Iraqi economy and diversify its oil imports significantly during the next phase.”

The Committee announced that the economy and investment for the parliamentary government, it is recommended to activate the customs tariff law the end of this month, the lowest ratios of 5% Kmarkip Almamthelh ratio of the reconstruction of Iraq.

The Cabinet instructed last April to the Ministry of Finance to work customs tariff starting from the 30th of June next.

It was scheduled to enter the law of customs tariff new No. 22 of 2010 into effect in March 2011, but the increase of prices in the local markets in conjunction with the political crisis in the country at once without it, which declared him the Ministry of Finance on the postponement of a law tariffs until this year .

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