Archive for September 4, 2013

filemanagerThe Finance Committee, unveiled Wednesday, that 2014 will delete the zeros of the Iraqi currency, indicating that deleting will be in coordination with the Central Bank.

Committee member Abdul Hussein Al-yasiri in a press statement that “the deletion of zeros from the local currency will start in 2014, by agreement with the Central Bank”, stating that “this project will reduce the rate of the national currency in circulation from 4 billion to 1 billion. (more…)

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04-09-2013 07:30 AM

Baghdad (newsletter). Member of the Finance Committee, called on Deputy//Secretary Hadi, the Central Bank has taken new measures to support the stability of the dinar against the dollar, adding that the improved value of the national currency will stimulate corporate investment income to the Iraqi environment. (more…)

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05/09/2013 12:00 AM

Experts: Revenue various sectors raise the value of the Iraqi dinar

experts called for reforms and wide in the economy such as begin the process of deletion of zeros from the national currency, stressing the importance of diversifying the local economy with all his joints and sectors.

comes at a time which saw it as the Finance Committee representative to the process of deleting the zeros will have the effect of a positive, as it will lead to improvement in the economy, low inflation and ease of trading currency. (more…)

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03-09-2013 – 17:41

and the Council of Ministers approved, on Tuesday, to convert the purchase amount from the local currency to the U.S. dollar official exchange rate by the Central Bank of Iraq.

said the General Secretariat of the Council of Ministers in a statement received “Alsumaria News”, a copy of “The Council of Ministers held, Today, its thirty-eighth regular in Baghdad headed by Prime Minister Nuri al-Maliki. ” (more…)

Wednesday, September 04 / September 2013 16:52
{Baghdad: Euphrates News} The President of the House of Representatives Osama Najafi on the importance of developing a strategy for fiscal policy coordination between the Ministry of Finance and the monetary policy of the central bank.

He said during his visit today the Central Bank of Iraq and his meeting with the Governor of the Bank Basset Turki agency “continued support of the House of Representatives of the Central Bank and the independent policy for a sophisticated banking system is able to mobilize the financial resources of the country, and re-allocated to the service of economic activity.” (more…)

03 Sep 2013
Iraq granted Jordan a financial assistance of USD (25) million in from of crude Oil amounts.

The Official News Agency of Jordan, Petra, quoted the Minister of State for Media Affairs and the Official Spokesperson of the Jordanian Government, Mohamed al-Momani, as saying ”The Iraqi Council of Ministries decided to aid Jordan with USD (25) million that will be granted in form of crude oil quantity.” (more…)