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Efforts to pay premiums for companies in Kurdistan in dinars instead of dollars

Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

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Efforts to pay premiums for companies in Kurdistan in dinars instead of dollars Empty Efforts to pay premiums for companies in Kurdistan in dinars instead of dollars

Post by claud39 Wed Dec 23, 2020 1:20 pm

Efforts to pay premiums for companies in Kurdistan in dinars instead of dollars


12/23/2020





Efforts to pay premiums for companies in Kurdistan in dinars instead of dollars 25112







Economy News _ Baghdad



The President of the Investment Authority in the Kurdistan Region, Muhammad Shukri, announced, on Wednesday, that the authority is working with housing companies to receive their installments from citizens in dinars instead of dollars.

In a press interview, Muhammad said, "The high price of the dollar against the Iraqi dinar will negatively affect the payment of installments by citizens who have bought apartments in installments from housing companies," noting that "housing companies have been approached in this regard."

He added, "The Commission is currently working to find a mechanism to help citizens pay their premiums to companies in the Iraqi dinar currency instead of the dollar to alleviate the burdens of citizens in these circumstances," noting that "this process is scheduled to begin at the beginning of the new year."





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