Article: : “Iraqi dinar will rise once Erbil and Baghdad finalize the ASYCUDA agreement” The revaluation of the Iraqi dinar is what we are all waiting for, and this is a huge piece of the puzzle that we are searching for.Imagine someone bringing 1,000 TVs into Iraq prior to ASYCUDA. Customs is informed that the TVs are only worth $20,000. However, the TVs are actually worth $500,000. All of this is accomplished simply using a pen and notebook to write things down.The government loses money because they pay relatively little in taxes. That’s how corruption triumphs.This new AYCUDA system will go into effect on July 10th.In other words, the system knows what the product is, where it came from, who purchased it, its true value, and how much tax should be paid on it.I would estimate that their ineffective border system in Iraq has resulted in the theft of trillions of dollars. This is really important.
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