Iraq agrees to increase the financial resources of the Arab Monetary Fund (AMF)

Posted: September 2, 2013 in Iraqi Dinar/Politics
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Showed the General Secretariat of the Council of Ministers, said the council decided during its regular thirty-seventh session in 08/27/2013 to approve the contribution of the Republic of Iraq to increase the financial resources of the Arab Monetary Fund and the amount of its share in the IPO proposed 38.950 thirty-eight thousand nine hundred and fifty dinars Arabic My Account and the proportion of underwriting 12, 98%.

The Office of the Information and Communication, state the amount of (19.475) nineteen thousand four hundred and seventy-five dinars Arabic My Account tied (50%) of the share of Iraq be transferred from the general reserve balance of the Arab Monetary Fund. Adding «that the amount of (19.475) nineteen thousand four hundred and seventy-five dinars Arabic My Account tied (50%), the second of Iraq’s share paid in the form of five equal annual installments by 3,895 three thousand eight hundred and ninety-five dinars Arabic My Account annually, equivalent to 18,696 eighteen thousand, six hundred and ninety-six dollars.

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