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Iraqi Parliament Announces The Arrival Of The 2020 Budget Bill To The Council


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9 minutes ago, dinarham said:

Personally I have enjoyed this journey ,15 years now for me.   For those who are impatient with how long this has taken, remember what the iraqi sgtreet has gone through. First Saddam and his cruelty, then comes the USA, rendering their currency worthless and disbanding the Iraqi military. Their cities are bombed to sh*t ,no jobs ,no food . Then Obama pulls out  US troops to make good on his campaign promise ,opening up a huge vacuum that sucked in Isis and corruption within the Iraqi government . None of this was foreseen . So cut the Iraqis a break.

I often think about how this opportunity is more important to the iraqis than myself. 👍

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Mr. Clown spent hours today pulling news for the rest of us to read to keep us informed. He did it yesterday and the day before, and will do it tomorrow. Just like Yota and others do too.   

CNN. Broadcasting From The Committee Resolving The Oil And Gas Law TO COMPLETE IT’S LEGISLATION !     LINK Iraqi Parliament announces the arrival of the 2020 budget bill to the counci

Lol - Try Not To Let Ur ‘Bitter Beer Face’ Get In The Way Of All Of The Good News From This Article !             Which Btw - Currently Isn’t Being Discussed On Ur Pr

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I agree. All of the previous Prim Minister were puppets for Iran and that is the main reason nothing has been accomplished. They didn't give a damn about the Iraq people and still don't. Malaki has been a problem and still is. The only reason Obama pulled the Soldiers from Iraq is because Maliki would not allow our US Soldiers to be immune from the Iraq Laws.

He is in Iran now because he is a traitor to the Iraqi people. Some time before Sadaam, Iraq was ruled by the British so these people have been tramatized for generations. the question is how much longer will it continue. 

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5 hours ago, SONIA1 said:

 

 

YOTA GOT ALL THE RESPECT HE DOESN'T COPY AND PASTE FROM OTHERS, AND THAT IS A HARD WORK.

 

 

I WAS READING YOTA'S ARTICLE TO ANSWER YOUR QUESTION!!!

You need a fat red ruby !!

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A question for the esteemed Adam Montana or any of the other highly intelligent people who help bring us the news.....why would the Parliament work on budgets now for the next 3 years.....unless they were planning on doing something good with their currency in the near future???  Just some late evening ruminating before I go to sleep........

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20 hours ago, DinarThug said:

 

The Central Bank is discussing with the International Monetary Fund the latter's readiness to help Iraq

 

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104 Economie 09/23/2020 09:22 ta


Baghdad today - Baghdad 

 

The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheif, held a meeting today, Wednesday, through visual communication with the International Monetary Fund, to discuss the latter's preparations in helping Iraq.

"During the meeting, topics related to the economic situation in Iraq and the readiness and willingness of the fund to help Iraq by providing support system" rel="">support and technical advice and coordinating financial and monetary policies and financial control plans were discussed," the Central Iraqi Media said in a statement received by (Baghdad today).

He added, "The fund's team also offered the congratulations of the fund’s executive director, Dr. Hazem Al-Beblawi, to the governor of the Central Bank on his assumption of the position."

LINK 


{Central} and {International Monetary} discuss fiscal and monetary policy


Thursday 24 September 2020


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Baghdad: Morning 
 
 
The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhif, discussed with the International Monetary Fund bilateral cooperation in the areas of fiscal and monetary policy.

A bank statement said, "Al-Sabah" received a copy of it that "the two sides discussed during the meeting, which was held in a visual communication manner, issues related to the economic situation in Iraq and the fund's willingness and desire to help Iraq by providing support and technical advice and coordinating financial and monetary policies and financial control plans."

The Fund's team also offered the congratulations of the Fund’s Executive Director, Hazem Al-Beblawy, to the Governor of the Central Bank on the occasion of his assumption of the position.

LINK 

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6 hours ago, DinarThug said:


{Central} and {International Monetary} discuss fiscal and monetary policy


Thursday 24 September 2020


alsabaah-46896.jpg

 

Baghdad: Morning 
 
 
The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhif, discussed with the International Monetary Fund bilateral cooperation in the areas of fiscal and monetary policy.

A bank statement said, "Al-Sabah" received a copy of it that "the two sides discussed during the meeting, which was held in a visual communication manner, issues related to the economic situation in Iraq and the fund's willingness and desire to help Iraq by providing support system" rel="">support and technical advice and coordinating financial and monetary policies and financial control plans."

The Fund's team also offered the congratulations of the Fund’s Executive Director, Hazem Al-Beblawy, to the Governor of the Central Bank on the occasion of his assumption of the position.

LINK 


In the past, Iraq had their hands tied. Now the IMF is on board! 
Thanks Thug! 
 

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Iraq succeeds in exiting the list of high-risk countries

 
%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-696
 
 
10:52 - 09/24/2020
 

The Ministry of Foreign Affairs has succeeded in reinstating the activities of 169 Iraqi companies and institutions out of the 230 entities banned by UN Security Council Resolution 1518, which classified Iraq as a "high risk" country, while seeking to lift the ban on the rest of the entities.

Foreign Minister Fuad Hussein sent a message to his counterparts in the European Union countries, in which he was surprised at the inclusion of Iraq on the list of high-risk countries in the field of money laundering and terrorist financing.

The spokesman for the ministry, Ahmed Al-Sahaf, said in a statement reported by the official Al-Sabah newspaper, which was seen by the information, that “the foreign minister, after meeting with a number of his European counterparts, the policy and security official in the European Union and other high-level personalities, succeeded in gaining their votes and support to lift Iraqfrom The list is complete very soon”.

Al-Sahaf added, "The entities and institutions covered by the ban extend their work to various sectors such as investment, economy, industry and other sectors," stressing that "lifting the ban on them will add support to the internal economy and facilitate their cooperation with the government."
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Cougar: A budget that contained irregularities that must be remedied and the government will borrow again

 
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08:30 - 09/24/2020
 

A member of the Parliamentary Finance Committee, Jamal Ahmed Cougar, confirmed that the current year’s budget contained violations that should be remedied by the government in terms of deficit and delivery date, pointing out that the government will return to the borrowing law in the new budget.

Cougar said to / the information /, that “the budget contains violations of the Financial Management Law, in terms of fiscal deficit, as this deficit cannot exceed 3 percent of GDP, in addition to the fact that the government provided it for all months despite its disbursement, and the delay in submitting it is a mistake And a violation”.

He added that "the delay in the budget is not justified, and it was better to prepare it well for discussion and voting on it, at a time when the government should present the budget next year after a month of submitting the 2020 budget."

And that "the 2021 budget will not be without borrowing, although it used this law in the current year, but submitting it to the budget came in order to submit another borrowing request in the next year’s budget." 

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Parliament finalizes the report and discussion of the draft Iraqi accession to the Asian Investment Bank agreement

 

TAxVveyITmJmg3RcDaXTzjntHz8ElyHvqz3DiWUC

 

24th September, 2020



The House of Representatives completed, on Thursday, the report and discussion of the draft law on the accession of the Republic of Iraq to the Asian Investment Bank infrastructure agreement.

A representative source told Mawazine News that "Parliament has completed the report and discussion of the draft law on the accession of the Republic of Iraq to the Asian Investment Bank infrastructure agreement."

Today, Thursday noon, the House of Representatives held its eighth session of the fourth parliamentary session of the third legislative year in the first legislative term, headed by its president, Muhammad al-Halbousi.

###############

Parliament finalizes the report and discussion of the draft law on joining Iraq to the AIB infrastructure agreement    LINK 

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Masrour Barzani: The Kurdistan Region will remain an important factor in the stability of Iraq

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24th September, 2020


The Prime Minister of Kurdistan Regional Government, Masrour Barzani, today, Thursday, September 24, 2020, received the European Union Ambassador to Iraq, Martin Hoth.

In the meeting, they discussed the latest developments in the Iraqi arena, and ways to strengthen relations between the Kurdistan Region and the European Union were discussed.

The ambassador of the European Union said that the Kurdistan Region is a successful and developed model in Iraq, indicating that the European Union is ready to strengthen relations, urging European investors to invest in the Kurdistan Region.

The Prime Minister thanked the European Union for its continued support for the Kurdistan Region, and stressed that the Kurdistan Region will remain, as it were, an important factor in the stability of Iraq and the region. The Prime Minister affirmed that despite the financial crisis, the government continues to implement service projects and implement the reform program to promote development in the Kurdistan Region.

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3 hours ago, DinarThug said:

LINK

Iraq succeeds in exiting the list of high-risk countries

 
%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-696
 
 
10:52 - 09/24/2020
 

The Ministry of Foreign Affairs has succeeded in reinstating the activities of 169 Iraqi companies and institutions out of the 230 entities banned by UN Security Council Resolution 1518, which classified Iraq as a "high risk" country, while seeking to lift the ban on the rest of the entities.

Foreign Minister Fuad Hussein sent a message to his counterparts in the European Union countries, in which he was surprised at the inclusion of Iraq on the list of high-risk countries in the field of money laundering and terrorist financing.

The spokesman for the ministry, Ahmed Al-Sahaf, said in a statement reported by the official Al-Sabah newspaper, which was seen by the information, that “the foreign minister, after meeting with a number of his European counterparts, the policy and security official in the European Union and other high-level personalities, succeeded in gaining their votes and support system" rel="">support to lift Iraqfrom The list is complete very soon”.

Al-Sahaf added, "The entities and institutions covered by the ban extend their work to various sectors such as investment, economy, industry and other sectors," stressing that "lifting the ban on them will add support system" rel="">support to the internal economy and facilitate their cooperation with the government."

 

LINK

In the video: Iraq is emerging from the list of high-risk terrorism

 

image.png.4d1c86781226c36e64807b95a8de58ac.png
 

 

24th September, 2020  

 

More than twenty-five million dollars of frozen Iraqi funds that were in Germany were delivered to the Iraqi authorities, according to the Ministry of Foreign Affairs, which talked about escalating steps to recover the frozen funds abroad. Explaining that she has witnessed international cooperation embodied by the lifting of the ban on one hundred and sixty-nine Iraqi institutions and companies out of two hundred and thirty, specializing in various industrial, investment and production sectors that were suspended over the past years, by a decision of the UN Security Council.

The ministry indicated that the return of the activities of these companies and institutions will be positively reflected in the investment, economic, industrial and production levels in Iraq.

According to the Funds Recovery Department in the Integrity Commission, 

the Iraqi funds frozen outside the country are estimated at more than eighty-seven billion dollars,

especially since the Iraqi laws authorize the Funds Recovery Fund in the Integrity Commission to work on retrieving them, but these laws require, according to political statements, understandings, grievances and courts in order to recover them. 
Something that the current government may have seemed to work on through its diplomatic steps, which were represented by the foreign minister's tour Fouad Hussein To many countries European Union.

Meanwhile, the government of the current Prime Minister Mustafa Al-Kazemi With European support, especially after the visit of French President Emmanuel Macron, especially since European countries praised his policy of balance Iraq And confirms its support for the government Baghdad At all levels of development and investment, as well as levels of energy and reconstruction. 

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On 9/23/2020 at 2:14 AM, DinarThug said:

 

dinarbeleiver

  • IQD IS STOCK IN IRAQS BRIGHT FUTURE
  • dinarbeleiver
  • Members 
     
On 9/23/2020 at 1:55 AM, dinarbeleiver said:

Wow thanks thug!!! Exciting times for the Dinar 

 

Bring It On  - And Go Bananas DB ! :o 


image.gif.f8c5f117c7ec8a4227b4eb6933d81b50.gif

 

 

How did I miss this one!!!!  The Riverdance Chimpanzees.  

 

BahahahahahahahahahahahahaLMAOHahahahahahahahahaha and 😂 

 

Thanks for all the posts and laughs Thugs.

 

After the Show it’s on to the next gig.  

 

 

CBCBEF3A-F378-4812-A5CE-507FF3034D20.gif.f5dfdd27a1d6cfd4817ea8d0cddfa37f.gif

 

 

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Parliamentary Finance: Al-Kazemi affirmed his keenness on the reputation of investing in Iraq

 

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24th September, 2020
 

The head of the Parliamentary Finance Committee, Haitham Al-Jubouri, confirmed, on Thursday, that Prime Minister Mustafa Al-Kazemi affirmed his keenness on the reputation of investment and investors and his monitoring to prevent any case of extortion

Al-Jubouri said in a statement seen by "Al-Eqtisad News", that "based on the principle of responsibility and the difficult financial and economic conditions that the country is going through and coinciding with the government's efforts to combat corruption that were accompanied by some media news shaded by some media outlets and social media sites, and for some people to try to exploit these Procedures We met with Prime Minister Mustafa Al-Kazemi to discuss the concerns of some businessmen and investors about the possibility that these measures would affect the movement of investment and development in the country

He added, "Al-Kazemi assured us of his keenness on the reputation of investment and investors and his personal control to prevent any abuse or blackmail. 

He pointed out that "we agreed that the judiciary would be the decisive factor, based on the evidence and evidence presented by the formed committee

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7 hours ago, DinarThug said:

LINK

Iraq succeeds in exiting the list of high-risk countries

 
%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-696
 
 
10:52 - 09/24/2020
 

The Ministry of Foreign Affairs has succeeded in reinstating the activities of 169 Iraqi companies and institutions out of the 230 entities banned by UN Security Council Resolution 1518, which classified Iraq as a "high risk" country, while seeking to lift the ban on the rest of the entities.

Foreign Minister Fuad Hussein sent a message to his counterparts in the European Union countries, in which he was surprised at the inclusion of Iraq on the list of high-risk countries in the field of money laundering and terrorist financing.

The spokesman for the ministry, Ahmed Al-Sahaf, said in a statement reported by the official Al-Sabah newspaper, which was seen by the information, that “the foreign minister, after meeting with a number of his European counterparts, the policy and security official in the European Union and other high-level personalities, succeeded in gaining their votes and support system">support to lift Iraqfrom The list is complete very soon”.

Al-Sahaf added, "The entities and institutions covered by the ban extend their work to various sectors such as investment, economy, industry and other sectors," stressing that "lifting the ban on them will add support system">support to the internal economy and facilitate their cooperation with the government."

 

LINK
Iraq is out of the list of high-risk countries

 
 
image.jpeg.c80dd262222411980f0ef368be5f9416.jpeg
 
 
9/24/2020 8:42
 
 
The Ministry of Foreign Affairs announced, on Thursday, that Iraq has come out of the list of high-risk countries in the field of money laundering and terrorist financing.

"The foreign minister, after meeting with a number of his European counterparts, the policy and security official in the European Union and other high-level personalities, succeeded in winning their votes and supporting them to remove Iraq from the list of high-risk countries in the field of money laundering and terrorist financing completely at a time," said the ministry's spokesman, Ahmed Al-Sahhaf. Very close."

He added that "the entities and institutions covered by the ban extend their work to various sectors such as investment, economy, industry and other sectors," stressing that "lifting the ban on them will add support to the internal economy and facilitate their cooperation with the government." 
 
Edited by DinarThug
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5 hours ago, Pitcher said:

 

How did I miss this one!!!!  The Riverdance Chimpanzees.  

 

BahahahahahahahahahahahahaLMAOHahahahahahahahahaha and 😂 

 

Thanks for all the posts and laughs Thugs.

 

After the Show it’s on to the next gig.  

 

 

CBCBEF3A-F378-4812-A5CE-507FF3034D20.gif.f5dfdd27a1d6cfd4817ea8d0cddfa37f.gif

 

 

River dance chimps made my day. LMFAO...Thanks guys! 🤣🤣🤣

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The state will face "difficulties" and the budget is about salaries and wages .. "Baghdad Today" Conversations with Mazhar Muhammad Saleh

 

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2,460 Economie 09/24/2020 13:58 


Baghdad today - Baghdad 

 

The economic figure, Mazhar Muhammad Salih, said, Thursday, (September 24, 2020), that the 2020 budget law is useless, given that it suffers from a large financial deficit in its folds, while the best solution to get out of the financial deficit crisis that the country suffers from is Going to approve the monthly budget.

Saleh, who worked as a financial advisor with more than one prime minister and is suffering from a health condition now, said in an interview with (Baghdad Today), that “the cabinet’s withdrawal of the budget from Parliament is consistent with the previous public finance vision, which confirms the futility of Reliance on an annual budget for the year 2020, because it is paralyzed in its formulations and components.

He added, "The 2020 budget depends on a deficit of more than 60% of its expenditures, and there is no capacity for financing except through borrowing that meets with strong parliamentary opposition, as well as weak lending funding sources, except at high costs that are burdensome for the national economy." Saleh continued, "The idea of going to approve the monthly budget is the available solution in the short term instead of relying on a general and formal budget law that cannot be planned."

He stated, "There is a restriction on the general budget activity, represented by the operating budget costs of more than 7 trillion dinars per month, while the available oil and non-oil revenues do not exceed 4 trillion dinars per month, and this means that the 2020 budget will be limited to the clause of paying salaries. And wages and salaries of retirees and social welfare until the end of the current year, while the state’s investment and operational expenses will inevitably be stopped.

The economic figure pointed out that "the state will face great difficulties in the next two months, unless it maximizes its resources through exceptional policies or improving oil revenues."

Saleh explained, "The continuation of government spending in this way will leave a negative impact on the general economic activity of the country, as the surveys confirm that the gross domestic product is losing about 30% of its components, which helped spread unemployment and at the same time led to a decrease in the per capita share and its annual share of the product." Gross domestic product. "

And he added that "the coming days may witness a weakening of the purchasing power of the individual, which will lead to the exposure of the general economy to recession."

The government had sent the 2020 budget bill to Parliament, before withdrawing it to make amendments to it, amid talk of a large deficit in it.

LINK 

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After assurances from the Central Bank ... a deputy determines the position on securing the salaries of employees and retirees

 

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4,161 Economie 09/23/2020 21:23 amm 


Baghdad today - Baghdad 

 

, the reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, confirmed, Wednesday (9/23/2020), that the Council of Ministers, during its reading of the draft federal budget law for the country for the year 2020, included a paragraph on borrowing in order to secure the necessary expenditures during the last months of the current year. 

Al-Saffar said in an interview with (Baghdad Today), that "the government has included the draft budget bill for 2020, a paragraph borrowing in order to provide the necessary expenditures that the government needs in its next work during the last months of this year." 

He added that "the central bank’s assertion of providing sufficient funds to the Finance Ministry to secure salaries is a good thing, but no one expects what will happen in the coming months, and therefore the government may be in an embarrassing position in front of these obligations." 

And that "the salaries of employees, if they are actually insured for the coming months, of course, the salaries of the retired will also be insured." 

An informed source confirmed, on Tuesday (September 22, 2020), that the balance of the Ministry of Finance at the Central Bank is sufficient to cover the salaries of the coming months.

The source said to (Baghdad Today), "The balance of the Ministry of Finance at the Central Bank of Iraq is sufficient to cover the salaries of state employees for the current month of September and the following months."

For his part, the reporter of the Finance Committee, Ahmed Al-Saffar, said in an interview with (Baghdad Today), "According to our information, there is liquidity available to pay salaries for this month also depending on the amount of the borrowing." 

And that "the coming months will be funded through the legislation of the General Budget Law, because the project has been sent to the House of Representatives and we expect to approve it within a month." 

He pointed out that "the reasons for the delay belong to the Ministry of Finance, whether technical or administrative."

On Saturday (September 19, 2020), a member of the Finance Committee in the Iraqi Parliament, Jamal Cougar, revealed how the government will pay the salaries of employees for the coming months of this year. 

Cougar said in an interview with (Baghdad Today), "The Iraqi government will pay the salaries of employees for the coming months, through internal borrowing, as it included a paragraph in the 2020 budget law that enables it to obtain an internal loan." 

And he added, "Without the approval of the Iraqi parliament on this paragraph, the government will not be able to pay salaries." 

And Cougar said, "The House of Representatives will be forced to approve the Iraqi government’s borrowing, so that the employees’ salaries are secured and paid on time. "

He added, "But approval will be conditional. We will not agree to the government to borrow however it wants. Rather, approval will only be to borrow to pay employees' salaries, in specific amounts."

LINK 

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On 9/23/2020 at 8:18 PM, southbeach said:

At this point I’m thinking that what they mean by “reform” is the FLOAT PROCESS after they initially start out the rate at or around $1.17.

At $1.17, eventhough it is in country rv, i will run straight to the bank in iraq and never look back.but i just hope if cbi can initially rv between $0.1 - 0.9, that would be a miracle and a blessing from the heaven during a corona virus pandemic. That's why everytime i read the articles, i just read it for entertainment purpose only and i never take it seriously because it only talks talks  talks and finally B.S( no intention to make it happen ). I believe it when i see it. However i am still optimistic that one day it will rv. The sooner is the better. Go rv.

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Parliamentary Finance: Approval of the 2020 budget will provide salaries and appointments

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25th September, 2020


Today, Friday, a member of the Parliamentary Finance Committee, Sadiq Mdlul, confirmed that the approval of the 2020 budget will achieve many demands, including the salaries of new employees and appointees, the free lecturers covered by Resolution 315, those transferred from one ministry to another, the first to colleges, and investment projects.

In a statement to the Iraqi News Agency (INA), Madloul said that the government reform paper will draw a new financial map for the next year, and it will have a significant impact on the 2021 budget because it is not achieved in the 2020 budget, indicating that Finance Minister Ali Abdul Amir Allawi requested time from the Finance Committee to prepare it.

He added that the reform paper needs deliberation, study, planning and consultation in order to deliver a real paper on which all state financial institutions depend, in addition to achieving future goals and drawing a new financial map in 2021. 

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The government annually pays $ 50 billion to employees
 


 

25th September, 2020


The deputy of the Saeroun Alliance, Riyad Al-Masoudi, confirmed, Friday, September 25, 2020, that the government spent last year 116 trillion dinars for its collection of only three trillions, pointing out that the government annually pays employees 50 billion dollars.

Al-Masoudi said in an interview received by "The Obelisk" that the government and its relations with Parliament have become like a game of cat with mouse, pointing out that all previous budgets of the federal government are consumer and not for productive planning and investment for the country. The government spent in the last year 116 trillion dinars, and what was obtained is three trillion. Just.

Al-Masoudi added that there is a savings rate of 20 percent in salaries, which is in place in all countries of the world, but we do not have a banking system that encourages people to save their salaries. 20%, the saving is supposed to have now that we have 10 billion dinars of savings that are supposed to exist in banks that could have been used to cover salaries in this crisis and complete some stalled projects without the need to drown Iraq in additional debts.

He added that the border outlets have eight billion dollars in imports, and what actually arrives is only one and a half billion dollars. Electricity revenues are six billion dollars, but what actually arrives is only 500 million dollars annually.  He added that in all countries of the world electricity is considered a source of development, but we have electricity that burdens the budget with the expenses allocated to it, pointing out that governments since 2005 until now are cartoon governments and the great catastrophe in the dead constitution that necessitated this bitter reality on us.

Al-Masoudi stressed that the budget law was not implemented and without any final accounts, and all disbursements of funds go without control, and the budget has become just a back garden for political parties and components, stressing that the provinces have spent huge sums of money from them since 2005 and until now within budgets, and despite this, they are still living in a service reality. Badly paid for the simple citizen.

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:o 

 

:D  :D  :D 
 

KRG FINANCE AND ECONOMY RUNS FIRST CURRENCY EXCHANGE



Government brings in $500,000 as a result

 

2020-09-24

 

SULAIMANI — After announcing plans to do so earlier this month, the Kurdistan Regional Government’s (KRG) Finance and Economy Ministry ran a currency exchange on Wednesday (September 23) in Erbil city.

A source told NRT Digital Media that $35 million ($41.9 billion Iraqi dinars) was exchanged.

“The [finance and economy ministry] received 122,800 Iraqi dinars for each $100,” the source said who spoke on condition of anonymity because they were not authorized to speak to the media, noting that the public treasury took in 600 million Iraqi dinars ($501,000) as a result.

From now on, if any money that is the government’s property and enters the Region, including oil money, it will be exchanged like that,” the source added.

On September 19, the ministry said it would exert greater control over the exchange of US dollars and Iraqi dinars in the Kurdistan Region, taking over responsibility for currency auctions from the Central Bank of Iraq.

The move comes as part of an effort by the KRG to capture more internally-generated wealth through stricter enforcement of taxation and fee collection.

The government is facing a severe budget shortfall and is unable to pay its full public sector wage bill amid low oil prices and budget dispute with Baghdad. 

https://www.nrttv.com/en/News.aspx?id=24071&MapID=1 

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Very interesting, it reads like the CBI will no longer be doing the currency auctions, they will be done in Erbil. I guess that the CBI will be dealing with more important things like a free or manage float after of course raising the value to par with the USD.

 

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