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A statement from the Investment Authority regarding the adoption of the dinar in transactions
[ltr]2023.08.16 - 19:31[/ltr]
[ltr]2023.08.16 - 19:31[/ltr]
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Baghdad - Nas
The head of the National Commission for Investment, Haider Muhammad Makiya, chaired a joint meeting with the Central Bank of Iraq and investment companies, on Wednesday, and stressed the need for companies to deal in the Iraqi dinar, in compliance with the directives and instructions issued by the concerned authorities in this regard.
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The head of the National Commission said in a statement, which "NAS" received a copy of (August 16, 2023), that "the directives issued by the Central Bank and the Commission contribute to the consolidation of the national economy through studied mechanisms that adopt the Iraqi currency in financial transactions and transfers as a decisive factor for the importance of achieving economic stability."
He added, "The commission directed investment commissions in all provinces to monitor investment companies to deal in dinars in paying installments for housing units in complexes," indicating "the importance of commitment to signing investment contracts and including values and prices in Iraqi dinars."
He continued, "The authority is keen to facilitate and simplify the procedures related to the implementation of projects, including customs exemptions for building and construction materials and entry visas."
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