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Statistics: Iraq lost 3 trillion dinars in one year due to the corruption of the outlets

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Statistics: Iraq lost 3 trillion dinars in one year due to the corruption of the outlets

Politician    Last update 08/10/2022 | 10:30 AM
Information/Baghdad.

The Iraq Future Economic Corporation revealed, on Wednesday, that Iraq lost more than three trillion dinars during the past year 2021 due to the waste taking place at the border crossings.

The head of the Corporation, Manar Al-Obaidi, said in a statement seen by "The Information", that

"seven countries announced the volume of their exports to Iraq in 2021, which amounted to more than 37 billion dollars, according to official reports issued by the customs authorities in those countries."  Al-Obaidi added,

"On the other hand, the Iraqi Customs Authority announced its data published by the Central Bureau of Statistics, in which it stated that the total volume of Iraq's imports amounted to 16 billion US dollars, and that

the volume of Iraq's imports from these seven countries amounted to only 7 billion dollars, a difference of 30 billion dollars."  He explained,

"This big difference indicates the volume of unregistered goods entering Iraq through unofficial ports or through unofficial ways,

which led to Iraq's loss of more than 3 trillion Iraqi dinars as a minimum as a result of customs not obtaining the imported materials, which reflects the volume of waste that occurs in the field of ports." border, which has been talked about for a long time, but it is still clearly far from the required efficiency.”  Al-Obaidi indicated that

"the Central Bank of Iraq sold more than 37 billion US dollars in 2021, most of which were to cover Iraq's imports, according to the data of the Central Bank."
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