Sunday, November 5, 2023

"IRAQ NEWS ANALYSIS" BY MNT GOAT, 5 NOV

 AS OF THE BEGINNING OF NEXT MONTH, KURDISTAN WILL ADOPT THE IRAQI DINAR IN CROSSINGS AND AIRPORT TRANSACTIONS

The Director General of Customs in the Kurdistan Region, Samal Abdul Rahman, said, “In accordance with a decision issued by the Kurdistan Regional Government, all transactions at border crossings and airports will be in Iraqi dinars, starting from the beginning of next month.”

Abdul Rahman added that the regional government had previously used the dinar instead of the dollar at some crossings with neighboring countries, adding that there are still some crossings that will be converted to the dinar tomorrow.

 The Kurdistan Region Council of Ministers had issued Resolution No. 227, circulated on 9/20/2023 and published on 10/16/2023, which stated: “Based on the provisions of Article (8) of the Kurdistan Region Council of Ministers Law, No. 3 of 1992, it was decided to collect fees.” Customs duties and customs taxes at border gates and customs points are in Iraqi dinars only.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

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