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The Iraqi parliament is failing to make a decision on the new currency

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The Iraqi parliament is failing to make a decision on the new currency

Post  RamblerNash on Tue Oct 09, 2018 9:54 am

The Iraqi parliament is failing to make a decision on the new currency



Twilight News

35 minutes ago

The Iraqi parliament failed in its session on Tuesday to take a decision on the issuance and printing of the new local currency and raised controversy around it.

"We need a special session on the work of the Central Bank, preceded by the introduction of data on the work of the Central Bank during the previous years," said Hassan al-Kaabi, first deputy chairman of the council.

"The date for hosting the central bank governor will be set on Thursday," he said.

The meeting was adjourned until Thursday.

Last week saw the launch of the Central Bank of Iraq, the amounts of small currency categories to the market with changes to its design.

The new edition of the thousand dinars category of Al-Ikhlas, where the new currency mediated by an Assyrian star preceded by the design of a statue, surrounded the circle where the Assyrian star words to include the marshes of Iraq on the list of world heritage 2016.

The name and signature of the acting governor Ali Mohsen Ismail was added to the new currency design.

Economic expert Salam Samisem revealed on Monday that the governor of the Central Bank of Iraq (AIP) had committed a "big offense" by putting his name on the Iraqi currency in its new form.

"The change of signature is not something that is easy with a central bank governor. This signature is approved in the countries of the world, especially in international banks, which are members of the International Monetary Fund," Samisem told Ashqelat. "Is there any currency for a strong country where a person is named? ? Has the Iraqi dinar been crushed to such a degree that it is carried out in the name of a person? "

"He pointed out that" what he has done a major violation, especially as a conservative acting, and should be held accountable for what he did in Iraqi currency, "noting that" the relationship wanted to put his fingerprint illegally with the end of the current government and his departure from office. "

The economic expert explained that "the solution to what has done the relationship, is to withdraw the currency from the market and re-issued by the old signature."

In this regard, the Central Bank said that during the clarification of this, "these currencies included writing the name of the governor instead of signing it in the old version, in line with what is now practiced in other countries. The dates were also amended Hijri and Gregorian dates (1440 H-2018).

Last week saw the launch of the Central Bank of Iraq, the amounts of small currency categories to the market with changes to its design.

http://www.shafaaq.com/ar/Ar_NewsReader/739f540c-0f6a-444b-a4a4-c0bd9a7fad51
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Re: The Iraqi parliament is failing to make a decision on the new currency

Post  GypZ on Tue Oct 09, 2018 10:14 am

INTERESTING!
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