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Cabinet calls for state institutions to implement their financial obligations in local currency
BAGHDAD / My Day
Called on the General Secretariat of the Council of Ministers of state institutions to implement their financial obligations in local currency. Said in a statement yesterday that "the Supreme Judicial Council and the ministries and departments not associated with the Ministry and the provinces and councils all not to engage in any financial obligations in foreign currency amounts paid inside Iraq, and that is implementation of the commitment in Iraqi dinars exclusively. explained "that the invitation also included in case there was a need to install costs in foreign currency should be mentioned Mikablha local currency according to the exchange rates prevailing». Secretariat noted that "the call came upon observations CBI / Directorate General for private investments in this regard, the fact that the national currency are original in economic dealings in Iraq, similar to all the countries of the world, as well as dealing in foreign currency that calls for the provision of foreign currency contracts signed in Iraq.
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BAGHDAD / My Day
Called on the General Secretariat of the Council of Ministers of state institutions to implement their financial obligations in local currency. Said in a statement yesterday that "the Supreme Judicial Council and the ministries and departments not associated with the Ministry and the provinces and councils all not to engage in any financial obligations in foreign currency amounts paid inside Iraq, and that is implementation of the commitment in Iraqi dinars exclusively. explained "that the invitation also included in case there was a need to install costs in foreign currency should be mentioned Mikablha local currency according to the exchange rates prevailing». Secretariat noted that "the call came upon observations CBI / Directorate General for private investments in this regard, the fact that the national currency are original in economic dealings in Iraq, similar to all the countries of the world, as well as dealing in foreign currency that calls for the provision of foreign currency contracts signed in Iraq.
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