Iraq border crossings collect over 2 trillion dinars in seven months

BAGHDAD, Iraq — Iraq's Border Crossings Authority said revenue from customs duties and taxes at the country's border ports exceeded 2 trillion dinars in the first seven months of the year. The authority stated that the financial performance at the crossings showed an increase compared with previous periods and exceeded set targets. Officials said tighter controls at border crossings helped prevent smuggling and tax evasion, contributing to the rise in recorded revenue. The funds are transferred directly to the state treasury, providing a contribution to the public budget, according to the statement. The authority reported that trade volume through the crossings rose notably in the first half of the year, with imports and exports through southern ports supporting the increase in income. It said work is continuing to expand operational capacity, including personnel and technological infrastructure at the ports. The authority projected that the annual revenue target will be exceeded by year-end and that inspections will continue. No further details were immediately available on a breakdown by port or revenue type.