[size=36]The head of the National Commission for Investment directs investment companies to adopt the Iraqi dinar[/size]
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, Chairman of the National Investment Commission, Haider Muhammad Makiya, today, Wednesday, directed companies to adopt the Iraqi dinar.
A statement of the commission stated, “The head of the National Commission for Investment, Haider Muhammad Makiya, directed investment companies to adopt the Iraqi dinar, within the framework of the state’s procedures to control the exchange rate,” indicating that “companies were instructed to adhere to the official dollar exchange rate established by the Central Bank of Iraq, which amounts to 1470 dinars to the dollar.” ".
Hanan Jassim, the authority's official spokesperson, said, "The directive came based on Cabinet Resolution No. (23026) for the year 2023," explaining that "the directive stipulated that the companies concerned should take the necessary measures to invest in residential complexes and not demand citizens registered on the aforementioned housing units." In contrast, the violating companies shall take the necessary legal measures against them.