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In this interview by Saleh is a recap of some financial history regarding Iraq that I found interesting.
(Part 1 of 2 )
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- JULY 29, 2013
Interviewed by khodayyir Abbas Abdul Jabbar
Back talk these days of the deletion of three zeros from the Iraqi currency against the backdrop of Iraq out of Chapter VII sanctions as achieves positive goals, and contribute to the reform of the management system, and strengthen the confidence of citizens in the national currency at the expense of the dollar and the other effects of the subject project opponents have doubts on the timing and implications and forgeries and attendant corruption and money laundering.
On 17 may 2013 President Barack Obama to extend protection to the Development Fund for Iraq to continue for an additional year until mid-2014, this is already a decision Iraq out of Chapter VII sanctions for more than a month, the question what is the Iraq Development Fund money?
Does the UN resolution 1483 remains valid under which established the Development Fund for Iraq, which indicates that the Fund be used for the benefit of Iraq, but did not indicate that it belonged to him?
Does this still valid resolutions after Iraq from Chapter VII sanctions.
There are requests to lawmakers on the background of the increase in Iraq of foreign currency reserves which stood at 76 billion dollars as well as 30 tonnes of gold bullion reserve investment.
These questions and others interviewed some time known Economist Dr. Mohammad Saleh appearance and follows the Development Fund for Iraq as it is currently a quality economic necessity and what does this have to do with the renewal of protection by u.s. President Obama?
Let's start from the fact that Iraq under resolution 687 of 1991 had all the costs of the war to invade Kuwait, and its result, and thus carry historic responsibility for this Iraq war, part of the arrangement, while Iraq signed a memorandum of understanding of the oil-for-food and drug administration in 1996 with Kofi Annan and this program aims at two things: first, to alleviate the suffering of partial and provide food and, more important, the aim of the oil revenue, go to fund 30 which covers The payment of compensation to Kuwait plus 4 pay the costs of the inspection teams, and for the success of this program, the mechanism by which open account in the name of UN Secretary-General Kofi Annan, French Bank in New York, Kofi Annan, is to pay, and supervised by, a stirring account.
Iraq exports oil and oil revenues are deposited in this Bank and the Secretary-General, Iraq begins with the opening credits for the purchase of food, medicine and materials allowed and prohibited masks, for example as to prevent import of pencils. Companies and demanding Iraq confirms receipt of the material and the Secretary General directs the corporate payments processed through appropriations.
All these funds under the control of the Secretary-General not to Iraq the right to dispose of the AED.
The former regime put him opposite the after-sales services, companies must take into account open at a Lebanese banks $10 of the contract amount, interest amount oversized here began financial and administrative corruption as emerging, for example, tons of buckwheat b $350 inflated for up to $600 according to the mechanism of corruption and economic book price $30 to $300 for the Iraq account The Ministry of higher education.
Deposited 10 companies account for Iraq under fictitious names, and then start the embassies in Beirut and Damascus, Iraq and Oman collects these funds cash and send them to the Central Bank of Iraq, so the system could collect more than $2 billion.
In an account registered as presidential, after the change in 2003 issued meise resolution 1483 several closed oil-for-food programme.
So it has to be a new mechanism is more flexible than the previous mechanism was established for the account of the Central Bank of Iraq at the Federal Reserve Bank rather than a French Bank in this Bank all imports of oil, gas and petroleum products, and any other frozen funds are released, deposited in this Bank, but keep oil revenues is essential in this Bank, and will be subject to this account as follows Iraq Government Act Objects through the guidance comes from the Central Bank and the Prime Minister, at first it was Bremer's Coalition Provisional Authority Chief and Finance Minister and then the Prime solution which gave Cabinet Secretary instead and Finance Minister in the Iraqi Government, coming as paper payments, any payment order includes a convert to Iraqi bank, for example, to create the Iraqi dinar, this way the issue of religion and built its reserves or convert to that. PHP.
Any T.B.I TBI founded the Bank to finance imports, for example to pay the Department of Commerce or health needs.
Money in the Bank is a subsidiary of the Ministry of finance, managed by the Central Bank of Iraq on behalf of the Ministry of finance.
Now the mechanism easier for us but what changed?
The decision in 2004 to establish a State Council to control and check this Board that Iraqi oil is sold to international standards, and is not sold at the price too high and low.
In terms of price and marketing.
In order to ensure proper position of funds within the Iraq account, and the funds drawn by the Iraqi Government are for the benefit of the Iraqi people.
This Council consists of a representative of the United Nations and a representative of the Arabic League and said Iraqi finance representative to the Iraqi Government wanted to create a mimic of the Shura Council called the Committee of financial experts, chaired by the President of the Committee of Kofi Office of financial supervision and accompanied by three financial experts.
The State Council has its international accounts ttdkik company accounts in accordance with international standards, each year to check invoices, payment orders, and the health of the breasts, and where did they come from? How behavior?
And the Committee of the Shura Council by Kofi mimic the same mechanism continued this course to 15» 12» 2010 as issued resolution 1956 on the Development Fund for Iraq for the protection money, while the registered account, Kofi Annan, were 100 percent protected, and such funds as long as they are registered in the Development Fund for Iraq is also protected 100 percent,
but this does not prevent it may be subject to seizure in accordance with the laws of America, given the implications of America's responsibilities as the occupying power of Iraq there is validity to the US President to release Ommar emergency or To protect u.s. national security, whereby it is possible to exclude any State funds into America from any court decisions on the protection of the funds and called this presidential executive order by Bush since the establishment of the Development Fund for Iraq in 2003 until the present renewed each year.
What do you mean by protection money and threatening this protection?
Protection means no complaints come from commercial creditors on Iraq and they are many, those whom have judicial decisions to seize Iraqi money where and whom in the process of the courts, and many of them have fake claims dust war hopes luck and had to take the compensation and trying to get it again, imagining there is no know. These forms and types.
Private sector debt
They fear them
The size of the private sector debt on Iraq and fears a catastrophic or dramatize her there?
These creditors are unknown, it is expected that the external indebtedness of the foreign private sector constitutes 20 of external debt on Iraq, those who complain, in fact had been the settlement of debts in 2006 when Iraq announced to each creditor debt settlement process aims to adjustment of debts to the Paris Club agreement if, for example, large indebtedness of $35 million, Iraq gives him internationally and support this bond can earn interest through 5.8, in two instalments per year, 20 years after the grant 20 of any amount deducted under the mediation of 80 such machinery deducted 80 debt estimated at $17 billion to $2.7 billion debt and most of these bonds were sold on world markets, and is now in circulation, in the beginning when the bond was sold, the dollar sold for 60 cents and currently sold by 90 cents is an indication that the Iraqi economy is moving in the right direction, as you point this increase at the same time, that Iraq is theSaniva trust, is now the default classification about my way of this classification, such as classification, Iraq does not have credit, but this approach, if Iraq Trust workbook.
The Security Council resolution No. 1956 in 15» 12» 2010 noted that United Nations resolutions ending 30» 6» 2011 no protection to the Development Fund for Iraq if the circumstance in this case available to each individual claim that driven.
There is debt less than $35 million, giving them a 10 from the Iraqi Government indebtedness cash these are junior creditors amounting to some $10,000 debt gives over 1,000 dollars, a ratio approaching Paris Club terms, calculated in accordance with the financial account with net present value benefit of 20 stretches for 20 years, those up to 4.5 billion indebtedness turned into $450 million in spite of all this, there are trade creditors insist on advancing their claims to obtain full Their debts, because each has a final rulings under which requests as well as the amount.
So those waiting for opportunities to seize Iraqi funds wherever you are to sign the seizure and execution to get their debts from Iraq.
What is the value of these debts have not been subject to adjustments and the owners insist they meet?
These debts are unknown, this mobile part not control so far, official Iraqi financial entities have their estimates, which did not disclose to the precautionary reasons, that this has not resolved yet, but by my calculations, the amount is not big and not fear him, but addictive and is feared.
There are prosecutors who we described them with job seekers luck understanding. Practically nothing left is important, partly because it came out of the books of account, because companies don't wait 20-year debt, accounts with more than 5 years.
If my personal is a modest amount of concern, and no country in the world, no complaints from the private sector until the United States exposed to it.
In Iraq there is a legal Committee of the Ministry of Justice and the Council of Ministers, the foreign debt on Iraq and complaints with international lawyers are watching the movement maintains its permanent secretariat and work with discipline, they work with professional financial experts, lawyers, and judges of the Ministry of Justice, and where movement claim they were responsible for its response, Iraq has received plenty of spurious litigation.
The extent to which the protection of Iraqi funds and fear?
United States at the request of Iraq, the protection of Iraqi funds, most applications will be completed by mid-2014, which now is protecting the Development Fund for Iraq funds that we run it and approach it, but has the same mechanism, deduct 5 from each barrel of oil sells for Iraq, the question here is what is the nature of the Development Fund for Iraq?
Is a normal bank account works on the Opera called this account consists of two upper section lower section, the upper number involving oil revenues to the specified automatically deducted from day 5 to go to the United Nations Compensation Commission, for the transfer to Kuwait to pay compensation of $52 billion and the remaining $11 billion at the present time and the afternoon fall in 95 the Development Fund for Iraq in the open account in the name of the Central Bank of Iraq for the benefit of the Republic of Iraq.
The reason for this is the United Nations request for a single account to pay reparations to Kuwait, now out of Chapter VII sanctions, such compensation can be settled through bilateral dialogue between Iraq and Kuwait.
Some say this Fund was established to protect the funds of Iraq and did not say that it belongs to Iraq what your interpretation of this vision?
No, this money belongs to the Republic of Iraq in my opinion tolerates it another interpretation, not how we behave now funds within the account of the Central Bank of Iraq?
The resolution, in accordance with the 1956 Act of 12» 5» 2010 money in the Development Fund for Iraq, are the property of the Republic of Iraq.
Today's proposals are raised regarding the deletion of three zeros from the Iraqi currency against the backdrop of Iraq out of Chapter VII sanctions and will have many positive and bowls that there are those who believe that the circumstance and timing is not suitable as it will provide an opportunity for a broader process of money laundering and currency smuggling what your comment?
All civilized nations when circumstances or situation of acute conflicts or runaway inflation, then we see a small number of significant financial category value,
Iraq went from 25 JD 1980, equivalent to $75, equivalent to 300,000 dinars at this time, to 25,000 dinars for the category is not tantamount to only $21 at this time and became a huge cash and block number arithmetic,
Iraq moved from inflation as well as 9 to 12 billion to trillion.
The currency increasing proportion and fit with economic activity and economic growth, if continued growth wezdadt of oil revenues and the value of the currency and as such, there is a possibility we turn to ACE 15 and go to the post number is computational trillion then complicated time deals Iraq country alsghirbalkwantlion.
Question here or monetary policy monetary policy management reform, the reform process is the availability of two conditions: first, the availability of economic stability, which now gets, there is economic growth and a large block of foreign currency and the exchange rate relatively stable and, secondly, the availability of political stability and political will, the question if economic stability is whether political stability exist?
This question is difficult to answer.
So the process entailed reform of my account, which will delete the three zeros from the currency, and when it will change all books, instead of typing 1000 will overwrite the start also need 1 of the fiscal year, which begins the general budget, the largest in the State budget, comprising 73 expenditure of GDP,
Iraq is one of the largest countries in the world by public expenditure of the GDP, we are big States any bigger size of the State in the economy, it spending in the United States between 21 to ttrah 23 and State domination,
if so the process to delete zeros should start with the beginning of the fiscal year, if we started to change the currency on 1» 1» 2014 is appropriate is time, the political climate helps.
The answer is, no, it's the year parliamentary elections, and not in political stability, replacing the currency in 2014 is questionable.
Any resolution needs a historic moment which corresponds to the political and economic stability in conjunction with stability.
All reported as well as the political will and on the monetary policy we need to switch all books, there will be two currencies at the same time for example, if someone gave you 1000 dinars, we hit the new dinar account so will calculate the new currency.
The process is very complex, plus historical references, as well as data on computers, digital, computing all change when due to old accounts, you must delete the three zeros for the switch, in a country like Iraq not easy, going into so difficult and complex process, need the will and efforts of artistic, political and economic imperative of high class.
[You must be registered and logged in to see this link.]
(Part 1 of 2 )
[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
- JULY 29, 2013
Interviewed by khodayyir Abbas Abdul Jabbar
Back talk these days of the deletion of three zeros from the Iraqi currency against the backdrop of Iraq out of Chapter VII sanctions as achieves positive goals, and contribute to the reform of the management system, and strengthen the confidence of citizens in the national currency at the expense of the dollar and the other effects of the subject project opponents have doubts on the timing and implications and forgeries and attendant corruption and money laundering.
On 17 may 2013 President Barack Obama to extend protection to the Development Fund for Iraq to continue for an additional year until mid-2014, this is already a decision Iraq out of Chapter VII sanctions for more than a month, the question what is the Iraq Development Fund money?
Does the UN resolution 1483 remains valid under which established the Development Fund for Iraq, which indicates that the Fund be used for the benefit of Iraq, but did not indicate that it belonged to him?
Does this still valid resolutions after Iraq from Chapter VII sanctions.
There are requests to lawmakers on the background of the increase in Iraq of foreign currency reserves which stood at 76 billion dollars as well as 30 tonnes of gold bullion reserve investment.
These questions and others interviewed some time known Economist Dr. Mohammad Saleh appearance and follows the Development Fund for Iraq as it is currently a quality economic necessity and what does this have to do with the renewal of protection by u.s. President Obama?
Let's start from the fact that Iraq under resolution 687 of 1991 had all the costs of the war to invade Kuwait, and its result, and thus carry historic responsibility for this Iraq war, part of the arrangement, while Iraq signed a memorandum of understanding of the oil-for-food and drug administration in 1996 with Kofi Annan and this program aims at two things: first, to alleviate the suffering of partial and provide food and, more important, the aim of the oil revenue, go to fund 30 which covers The payment of compensation to Kuwait plus 4 pay the costs of the inspection teams, and for the success of this program, the mechanism by which open account in the name of UN Secretary-General Kofi Annan, French Bank in New York, Kofi Annan, is to pay, and supervised by, a stirring account.
Iraq exports oil and oil revenues are deposited in this Bank and the Secretary-General, Iraq begins with the opening credits for the purchase of food, medicine and materials allowed and prohibited masks, for example as to prevent import of pencils. Companies and demanding Iraq confirms receipt of the material and the Secretary General directs the corporate payments processed through appropriations.
All these funds under the control of the Secretary-General not to Iraq the right to dispose of the AED.
The former regime put him opposite the after-sales services, companies must take into account open at a Lebanese banks $10 of the contract amount, interest amount oversized here began financial and administrative corruption as emerging, for example, tons of buckwheat b $350 inflated for up to $600 according to the mechanism of corruption and economic book price $30 to $300 for the Iraq account The Ministry of higher education.
Deposited 10 companies account for Iraq under fictitious names, and then start the embassies in Beirut and Damascus, Iraq and Oman collects these funds cash and send them to the Central Bank of Iraq, so the system could collect more than $2 billion.
In an account registered as presidential, after the change in 2003 issued meise resolution 1483 several closed oil-for-food programme.
So it has to be a new mechanism is more flexible than the previous mechanism was established for the account of the Central Bank of Iraq at the Federal Reserve Bank rather than a French Bank in this Bank all imports of oil, gas and petroleum products, and any other frozen funds are released, deposited in this Bank, but keep oil revenues is essential in this Bank, and will be subject to this account as follows Iraq Government Act Objects through the guidance comes from the Central Bank and the Prime Minister, at first it was Bremer's Coalition Provisional Authority Chief and Finance Minister and then the Prime solution which gave Cabinet Secretary instead and Finance Minister in the Iraqi Government, coming as paper payments, any payment order includes a convert to Iraqi bank, for example, to create the Iraqi dinar, this way the issue of religion and built its reserves or convert to that. PHP.
Any T.B.I TBI founded the Bank to finance imports, for example to pay the Department of Commerce or health needs.
Money in the Bank is a subsidiary of the Ministry of finance, managed by the Central Bank of Iraq on behalf of the Ministry of finance.
Now the mechanism easier for us but what changed?
The decision in 2004 to establish a State Council to control and check this Board that Iraqi oil is sold to international standards, and is not sold at the price too high and low.
In terms of price and marketing.
In order to ensure proper position of funds within the Iraq account, and the funds drawn by the Iraqi Government are for the benefit of the Iraqi people.
This Council consists of a representative of the United Nations and a representative of the Arabic League and said Iraqi finance representative to the Iraqi Government wanted to create a mimic of the Shura Council called the Committee of financial experts, chaired by the President of the Committee of Kofi Office of financial supervision and accompanied by three financial experts.
The State Council has its international accounts ttdkik company accounts in accordance with international standards, each year to check invoices, payment orders, and the health of the breasts, and where did they come from? How behavior?
And the Committee of the Shura Council by Kofi mimic the same mechanism continued this course to 15» 12» 2010 as issued resolution 1956 on the Development Fund for Iraq for the protection money, while the registered account, Kofi Annan, were 100 percent protected, and such funds as long as they are registered in the Development Fund for Iraq is also protected 100 percent,
but this does not prevent it may be subject to seizure in accordance with the laws of America, given the implications of America's responsibilities as the occupying power of Iraq there is validity to the US President to release Ommar emergency or To protect u.s. national security, whereby it is possible to exclude any State funds into America from any court decisions on the protection of the funds and called this presidential executive order by Bush since the establishment of the Development Fund for Iraq in 2003 until the present renewed each year.
What do you mean by protection money and threatening this protection?
Protection means no complaints come from commercial creditors on Iraq and they are many, those whom have judicial decisions to seize Iraqi money where and whom in the process of the courts, and many of them have fake claims dust war hopes luck and had to take the compensation and trying to get it again, imagining there is no know. These forms and types.
Private sector debt
They fear them
The size of the private sector debt on Iraq and fears a catastrophic or dramatize her there?
These creditors are unknown, it is expected that the external indebtedness of the foreign private sector constitutes 20 of external debt on Iraq, those who complain, in fact had been the settlement of debts in 2006 when Iraq announced to each creditor debt settlement process aims to adjustment of debts to the Paris Club agreement if, for example, large indebtedness of $35 million, Iraq gives him internationally and support this bond can earn interest through 5.8, in two instalments per year, 20 years after the grant 20 of any amount deducted under the mediation of 80 such machinery deducted 80 debt estimated at $17 billion to $2.7 billion debt and most of these bonds were sold on world markets, and is now in circulation, in the beginning when the bond was sold, the dollar sold for 60 cents and currently sold by 90 cents is an indication that the Iraqi economy is moving in the right direction, as you point this increase at the same time, that Iraq is theSaniva trust, is now the default classification about my way of this classification, such as classification, Iraq does not have credit, but this approach, if Iraq Trust workbook.
The Security Council resolution No. 1956 in 15» 12» 2010 noted that United Nations resolutions ending 30» 6» 2011 no protection to the Development Fund for Iraq if the circumstance in this case available to each individual claim that driven.
There is debt less than $35 million, giving them a 10 from the Iraqi Government indebtedness cash these are junior creditors amounting to some $10,000 debt gives over 1,000 dollars, a ratio approaching Paris Club terms, calculated in accordance with the financial account with net present value benefit of 20 stretches for 20 years, those up to 4.5 billion indebtedness turned into $450 million in spite of all this, there are trade creditors insist on advancing their claims to obtain full Their debts, because each has a final rulings under which requests as well as the amount.
So those waiting for opportunities to seize Iraqi funds wherever you are to sign the seizure and execution to get their debts from Iraq.
What is the value of these debts have not been subject to adjustments and the owners insist they meet?
These debts are unknown, this mobile part not control so far, official Iraqi financial entities have their estimates, which did not disclose to the precautionary reasons, that this has not resolved yet, but by my calculations, the amount is not big and not fear him, but addictive and is feared.
There are prosecutors who we described them with job seekers luck understanding. Practically nothing left is important, partly because it came out of the books of account, because companies don't wait 20-year debt, accounts with more than 5 years.
If my personal is a modest amount of concern, and no country in the world, no complaints from the private sector until the United States exposed to it.
In Iraq there is a legal Committee of the Ministry of Justice and the Council of Ministers, the foreign debt on Iraq and complaints with international lawyers are watching the movement maintains its permanent secretariat and work with discipline, they work with professional financial experts, lawyers, and judges of the Ministry of Justice, and where movement claim they were responsible for its response, Iraq has received plenty of spurious litigation.
The extent to which the protection of Iraqi funds and fear?
United States at the request of Iraq, the protection of Iraqi funds, most applications will be completed by mid-2014, which now is protecting the Development Fund for Iraq funds that we run it and approach it, but has the same mechanism, deduct 5 from each barrel of oil sells for Iraq, the question here is what is the nature of the Development Fund for Iraq?
Is a normal bank account works on the Opera called this account consists of two upper section lower section, the upper number involving oil revenues to the specified automatically deducted from day 5 to go to the United Nations Compensation Commission, for the transfer to Kuwait to pay compensation of $52 billion and the remaining $11 billion at the present time and the afternoon fall in 95 the Development Fund for Iraq in the open account in the name of the Central Bank of Iraq for the benefit of the Republic of Iraq.
The reason for this is the United Nations request for a single account to pay reparations to Kuwait, now out of Chapter VII sanctions, such compensation can be settled through bilateral dialogue between Iraq and Kuwait.
Some say this Fund was established to protect the funds of Iraq and did not say that it belongs to Iraq what your interpretation of this vision?
No, this money belongs to the Republic of Iraq in my opinion tolerates it another interpretation, not how we behave now funds within the account of the Central Bank of Iraq?
The resolution, in accordance with the 1956 Act of 12» 5» 2010 money in the Development Fund for Iraq, are the property of the Republic of Iraq.
Today's proposals are raised regarding the deletion of three zeros from the Iraqi currency against the backdrop of Iraq out of Chapter VII sanctions and will have many positive and bowls that there are those who believe that the circumstance and timing is not suitable as it will provide an opportunity for a broader process of money laundering and currency smuggling what your comment?
All civilized nations when circumstances or situation of acute conflicts or runaway inflation, then we see a small number of significant financial category value,
Iraq went from 25 JD 1980, equivalent to $75, equivalent to 300,000 dinars at this time, to 25,000 dinars for the category is not tantamount to only $21 at this time and became a huge cash and block number arithmetic,
Iraq moved from inflation as well as 9 to 12 billion to trillion.
The currency increasing proportion and fit with economic activity and economic growth, if continued growth wezdadt of oil revenues and the value of the currency and as such, there is a possibility we turn to ACE 15 and go to the post number is computational trillion then complicated time deals Iraq country alsghirbalkwantlion.
Question here or monetary policy monetary policy management reform, the reform process is the availability of two conditions: first, the availability of economic stability, which now gets, there is economic growth and a large block of foreign currency and the exchange rate relatively stable and, secondly, the availability of political stability and political will, the question if economic stability is whether political stability exist?
This question is difficult to answer.
So the process entailed reform of my account, which will delete the three zeros from the currency, and when it will change all books, instead of typing 1000 will overwrite the start also need 1 of the fiscal year, which begins the general budget, the largest in the State budget, comprising 73 expenditure of GDP,
Iraq is one of the largest countries in the world by public expenditure of the GDP, we are big States any bigger size of the State in the economy, it spending in the United States between 21 to ttrah 23 and State domination,
if so the process to delete zeros should start with the beginning of the fiscal year, if we started to change the currency on 1» 1» 2014 is appropriate is time, the political climate helps.
The answer is, no, it's the year parliamentary elections, and not in political stability, replacing the currency in 2014 is questionable.
Any resolution needs a historic moment which corresponds to the political and economic stability in conjunction with stability.
All reported as well as the political will and on the monetary policy we need to switch all books, there will be two currencies at the same time for example, if someone gave you 1000 dinars, we hit the new dinar account so will calculate the new currency.
The process is very complex, plus historical references, as well as data on computers, digital, computing all change when due to old accounts, you must delete the three zeros for the switch, in a country like Iraq not easy, going into so difficult and complex process, need the will and efforts of artistic, political and economic imperative of high class.
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» Planning: Iraqi companies are not efficient in conducting the population census
» MM&C 4/25/24 National Bank of Iraq goes live with Temenos core banking and payments
» A banking official indicates a "danger" to Iraq by depriving more than half of its banks of dollars
» With the participation of the Association of Private Banks, investment opportunities are on the tabl
» Within a month... an Iranian border crossing recorded a noticeable increase in exports of goods to I
» The Association of Private Banks appreciates the efforts of the government and the Central Bank to c
» Al-Maliki's coalition presents a third candidate for the position of governor of Diyala
» Arab gathering: The Kirkuk problem is getting complicated and the Sudanese must intervene
» Next week.. a Kurdish delegation will visit Baghdad to meet with the Minister of Finance
» Under the pretext of salaries... Al-Party refrains from handing over port revenues to Baghdad
» Association of Banks: For the first time, we are witnessing a clear targeting of depriving half of t
» Parliament does not know the reason for the delay in sending the 2024 budget schedules: Voting takes
» Applicants for the 2024 Hajj are demanding that the Central Bank secure the dollar for them through
» Governmental and private banks will showcase their services tomorrow during Financial Inclusion Week
» Iraq's oil exports rise despite OPEC+ cuts
» A study explodes a "surprise"... Iraq is among the countries that export oil to "Israel": How is the
» Al-Araji emphasizes working to strengthen national identity
» Al-Sudani visits Saudi Arabia to participate in the World Economic Forum in Riyadh