Saturday, May 18, 2024

"IMPORTANT IRAQ NEWS: AFTER IMPLEMENTING ELECTRONIC SYSTEMS, CUSTOMS ANNOUNCES A “HISTORIC” INCREASE IN ITS REVENUES" BY MNT GOAT, 17 MAY

AFTER IMPLEMENTING ELECTRONIC SYSTEMS, CUSTOMS ANNOUNCES A “HISTORIC” INCREASE IN ITS REVENUES

The General Authority of Customs announced today, Tuesday, achieving what it described as a historic increase in its revenue rate during the first quarter of this year, while it expected a doubling of revenues once the automation project is completed.

The head of the General Authority for Customs, Hassan Al-Ugaili, told the Iraqi News Agency (INA): “During the years 2022 and 2023, the General Authority for Customs achieved an increase in the percentage of its revenues, and last year it reached 28%.”

He added, “In the first quarter of this year, the Authority achieved an increase of 120% over the first quarter of last year, as the first quarter of this year is the highest revenue since the founding of the Customs.”

He continued, “The increase came as a result of a set of measures by the authority through simplifying procedures, in addition to monitoring and implementing some electronic systems,” pointing out that “the authority is in the process of generalizing the application of electronic systems in all ports of the Iraqi state, and we hope in the middle of next year to end automation in all Customs centers. 

He pointed out that “the authority is looking forward to achieving an increase in revenues this year to more than 100% over the previous year,” expecting that “if automation is completed and fully disseminated, the increase may reach three times.”

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

No comments:

Post a Comment

TIDBIT FROM FRANK26, 13 NOV

  Frank26  The monetary reform policy is being introduced to you Iraqi citizens on a daily basis isn't it.     It's is my hope.  It ...