The Council of Ministers holds its regular session headed by Al-Sudani

[yota691]

The Council of Ministers holds its regular session headed by Al-Sudani

political |   01:30 - 10/01/2023

 

 

 

 

Baghdad - Mawazine News
The Council of Ministers held, on Tuesday, its regular session, headed by Prime Minister Muhammad Shia Al-Sudani.

Al-Sudani's office said, in a brief statement received by Mawazine News, that "the cabinet held its regular session, headed by Prime Minister Muhammad Shia'a Al-Sudani." Ended 29/N33

[yota691]

A Measure By The Council Of Ministers To Counter The Rise In The Price Of The Dollar

10/01/2023

1799

 

The Council of Ministers obliges all government agencies to sell goods and services in Iraqi dinars according to the official exchange rate of (1470) dinars to one dollar.

Prime Minister's Media Office
10-January-2023

 

[yota691]

The Council of Ministers approves the implementation of a strategic plan to address traffic jams in Baghdad and the provinces

• Time: 01/10/2023 17:02:35
•  
• Read: 442 times

  

{Local: Al Furat News} The Council of Ministers approved in its meeting held today, Tuesday, the implementation of a strategic plan to address traffic jams in Baghdad and the provinces.

 

And the media office of the Prime Minister said in a statement, which {Euphrates News} received a copy of, that: "The Council of Ministers approves the implementation of a strategic plan to address traffic jams in Baghdad and the provinces."

[yota691]

The Council of Ministers obliges all government agencies to sell goods and services at (1470) dinars for one dollar

• Time: 01/10/2023 17:13:41
•  
• Read: 247 times

  

{Local: Al Furat News} The Council of Ministers, in its session held today, Tuesday, obligated all government agencies to sell goods and services in Iraqi dinars.

 

The media office of the Prime Minister stated in a statement, of which {Euphrates News} received a copy, that: "The sale is according to the official exchange rate, which is (1470) dinars to one dollar."

[yota691]

The Council of Ministers approves the winter agricultural plan for the current season (two and a half million) dunams

• Time: 01/10/2023 17:19:19
•  
• Read: 130 times

  

{Local: Al Furat News} The Council of Ministers approved, in its session held today, Tuesday, the winter agricultural plan for the current season, bringing the total area cultivated on water to two and a half million dunums.

 

A statement by the Prime Minister's Office, of which {Euphrates News} received a copy, stated that: "The Council of Ministers approves the winter agricultural plan for the current season, so that the total area cultivated on water reaches two and a half million dunums."

[yota691]

Urgent guidance from the Council of Ministers regarding selling the dollar exchange rate

 

sweeteners |Today, 17:13 |

    

 

 

Baghdad today - Baghdad

Today, Tuesday, the Council of Ministers issued an urgent directive regarding selling the dollar exchange rate.

The media office of the Prime Minister stated, in a statement received by (Baghdad Today), that "the cabinet obligated all government agencies to sell goods and services in Iraqi dinars according to the official exchange rate of 1470 dinars to one dollar."

Dollar exchange rates rose to the threshold of 160,000 dinars for every $100, despite government pledges to move to return the exchange to its original price.

[6ly410]

The Council of Ministers obliges all government agencies to sell goods and services in Iraqi dinars according to the official exchange rate

Tuesday 10, January 2023 17:18 |PoliticalViews: 85

The Council of Ministers obliges all government agencies to sell goods and services in Iraqi dinars according to the official exchange rate (ninanews-com.translate.goog)

Bagdad (NINA) - The Council of Ministers obligated all government agencies to sell goods and services in Iraqi dinars according to the official exchange rate of (1470) dinars per dollar.

[6ly410]

The Council of Ministers obliges government agencies to sell goods and services according to the exchange rate of 1470 dinars

[6ly410]

 

[6ly410]

 

[yota691]

All decisions taken by the Council of Ministers during today's session

2023.01.10 - 18:59

 

  

Baghdad - Nas   

The Council of Ministers, during its regular session held today, Tuesday, issued a package of decisions   

  

 

  

And a statement of the Prime Minister’s office, a copy of which “NAS” received, stated (January 10, 2023), “Today, Tuesday, Prime Minister Muhammad Shia’a al-Sudani chaired the second regular session of the Council of Ministers, which discussed the overall general situation, issues and decisions on the agenda, and witnessed The session discussed the rise in the exchange rate of the dollar, its effects on the market, and the purchases of citizens from the local markets, and the measures required to address this and support the national currency, as the Council approved the following procedures:  

  

1 Oblige all government agencies to sell all goods and services inside Iraq in dinars and at the central bank rate of (1470) dinars to one dollar.  

  

2 What is stated in paragraph (1) above includes sales of goods and services from the private sector, especially the offices of national and foreign airlines, commercial agencies, telecommunications and Internet companies, and sales of investment residential complexes, and it is emphasized that the prices of goods and services are in Iraqi dinars on the price of the Central Bank.  

  

3 The Central Bank shall sell dollars to the parties mentioned in Paragraph (2) at the rate set by the Central Bank at a price of (1460) dinars per dollar for remittances, and (1455) dinars per dollar to cover documentary credits, after undertaking to sell in Iraqi dinars, and this shall be announced on the official websites of the concerned authorities at sale points.  

  

4 The Central Bank of Iraq issues an easy mechanism, and within one week from the date of the decision, through which the private sector mentioned in paragraphs (2 and 3) above can obtain dollars at the official rate, and the bank also secures private sector transfers outside Iraq at the official rate to cover their external obligations.  

  

The statement added, “The Cabinet also continued discussing the file of confirming contractors in all state ministries, and approved the Ministry of Finance’s introduction of titles and job grades within the departments and formations budget, to install contractors before November 2, 2019, on permanent staffing, within the operational or planning expenses for each Formation.  

  

And he continued, "In the same context, the Council of Ministers approved the Ministry of Finance to convert (1,000) social researchers into contractors in accordance with Cabinet Resolutions (315 and 337 of 2019), with the addition of financial allocation teams to them with special schedules."  

  

The statement pointed out that, “Within the framework of supporting the winter agricultural plan for the current season, and addressing the existing water problem, the Cabinet agreed to approve the recommendations of the joint permanent committee meeting between (the ministries of Agriculture and Water Resources) held on November 30, 2022, regarding adding the two paragraphs below. To the recommendations of the committee concerned with preparing a clear study on the winter agricultural plan for this season, and focusing on the use of groundwater in promising areas in all governorates approved by the Council of Ministers according to its decision (284 of 2022) as follows:  

  

1. 1. Adding an area of (one million dunums) so that the total area cultivated on surface water becomes (2,500,000) dunums, only two and a half million dunums, provided that the focus is on the agricultural areas of the winter plan on the main rivers, streams and canals.

  

2. 2. Forming joint committees from water resources directorates, agricultural directorates, agricultural committees and agricultural associations in coordination with them and the operations room composed of the Joint Operations Command in all governorates to follow up on the commitment of farmers and farmers to the irrigation areas approved by the agricultural plan for the winter season 2022-2023 and to remove the abuses, and the trespassers bear the legal responsibility As a result of their transgression, the aforementioned ministries are not obligated and are not responsible for considering or promoting any requests for compensation, in the event of a transgression of the approved agricultural plan, and for setting bi-monthly meetings whose dates are agreed upon in coordination between the directorates of agriculture and the directorates of water resources in all governorates.

  

The statement indicated that, "In implementation of the Prime Minister's directives to expedite the implementation of the government's plans to remove traffic jams and reduce traffic congestion in the capital, Baghdad, and the subsequent measures represented in raising a number of checkpoints on both sides of Karkh and Rusafa, and opening several roads and tunnels inside the Green Zone, The Council of Ministers discussed the comprehensive governmental plan to be implemented by the Ministry of Construction and Housing to relieve traffic jams in the capital, Baghdad, where the Council approved the following:  

  

1. 1. Authorizing the Ministry of Construction, Housing, Municipalities and Public Works to conduct contracts with a ceiling not exceeding 1,500,000,000,000 dinars, only one trillion and five hundred billion dinars for projects included in the government program, by direct invitation method (design / implementation) and accepting the only offer within the total cost, provided that the contracts include a clause stating Not to spend any amounts except after approving the federal general budget of the Republic of Iraq for the fiscal year / 2023, and financing the aforementioned ministry with the required amounts, including contracting with a reputable international consulting body, as an exception to the instructions for implementing government contracts (2 of 2014).

  

2. 2. All ministries and agencies not associated with a ministry provide all support for the project to relieve traffic jams in the capital, Baghdad, which is being implemented by the Ministry of Construction, Housing, Municipalities and Public Works.

  

3. 3. Forming committees at each site to address conflicts facing implementation, consisting of ministries (oil, culture, electricity, communications, transportation, finance, and planning), the Municipality of Baghdad and the Baghdad Operations Command. The committees are empowered to implement spare orders, and their costs are added to the project cost.

  

4. 4. Authorizing the Ministry of Construction, Housing, Municipalities and Public Works, and the public entities that own land or the owner of the allotment, the authority to implement the projects in question within the lands owned or allocated to these entities, provided that the expropriation takes place or the allotment body is changed.

  

The statement added, "With the aim of implementing what was stated in the ministerial curriculum, and what was included in the government program regarding the housing axis, and providing the necessary facilities in this regard, the Council of Ministers approved the following:  

  

Approval of the minutes of the consultative meeting held on November 29, 2022 regarding lands belonging to the Ministry of Finance and complexes designated for the construction of residential complexes, and paragraph (Third) of the recommendations of Meeting No. (17) of the National Housing Council, according to the following:  

  

• Lands belonging to the Ministry of Finance

  

- Based on the provisions of Article (1/7) of the Amended Law of Ownership of Lands and Emiri Buildings (3 of 1960), the ownership of lands belonging to the Ministry of Finance and previously allocated by the Ministry above, without compensation, shall be transferred to the Housing Department, one of the formations of the Ministry of Construction, Housing, Municipalities and Works. Public housing, on which public housing complexes are built or under construction in accordance with Legislative Decree (39 of 2001).  

  

• Lands belonging to the General Directorate of Municipalities and allocated to the Housing Department.

  

2- Owning the lands belonging to the General Directorate of Municipalities and allocated to the Housing Department in accordance with Resolution (693 of 1973) without compensation, with what you need from the lands indicated in Article 1 of Law (80 of 1970) in the event that it applies to lands belonging to municipalities.  

  

And the statement continued, “In the context of implementing the strategic plans set for developing the electricity system, the Council of Ministers agreed to authorize the Minister of Electricity to sign a memorandum of cooperation for the energy program in Iraq, the second phase, between the Ministry of Electricity and Siemens Energy AG, as an exception to the contracting methods stipulated in Article ( 3) Among the instructions for implementing government contracts (2 of 2014), the ministers participating in the government delegation to Germany were also authorized to sign memorandums with their counterparts from the German side.  

  

The Cabinet continued discussing other issues on the agenda, according to the statement, and issued the following decisions:  

  

First / Approval of the recommendations of the minutes of the (twenty-eighth) meeting of the Diwani Order Committee (45 of 2018), concerned with developing ways, mechanisms and solutions necessary for the completion of public hospital projects.  

  

Second / Approving the draft law of the second amendment to the Iraqi Media Network Law No. (26) of 2015, and referring it to the House of Representatives.  

  

Third / For the requirements of the public interest, work requirements and ensuring the continued provision of the media network in the most complete manner, impartiality and independence in accordance with the standards specified by law, recommending to the House of Representatives the dismissal of the president and members of the Board of Trustees of the Iraqi Media Network.  

  

Fourth / Approval of the recommendations presented by the Deputy Prime Minister / Minister of Planning regarding amending the customs tariff  

  

 Fifth / Approval of the recommendation of the Ministerial Council of Economy according to the following:  

  

- Adjusting the prices of petroleum products in the future will be one of the tasks of the Ministerial Council for the Economy, upon a recommendation to the Council of Ministers.  

  

Sixth: Approving the exemption of military shipments belonging to the Ministry of Defense from paragraphs (3, 5) of Cabinet Resolution (65 of 2022).  

[yota691]

during today's session

The text of the measures approved by the Council of Ministers to counter the rise in the exchange rate of the dollar

2023.01.10 - 19:11

 

Baghdad - people  

The Council of Ministers, during its session held today, Tuesday, took several measures in the context of confronting the rise in the exchange rate of the dollar.  

  

  

  

And a statement by the Prime Minister’s office, which “NAS” received a copy of, (January 10, 2023), stated, “Today’s cabinet session witnessed a discussion of the rise in the exchange rate of the dollar, its effects on the market, and on citizens’ purchases from local markets, and the measures required to address that and support the currency.” National Council approved the following procedures:  

  

1 Oblige all government agencies to sell all goods and services inside Iraq in dinars and at the central bank rate of (1470) dinars to one dollar.  

  

2 What is stated in paragraph (1) above includes sales of goods and services from the private sector, especially the offices of national and foreign airlines, commercial agencies, telecommunications and Internet companies, and sales of investment residential complexes, and it is emphasized that the prices of goods and services are in Iraqi dinars on the price of the Central Bank.  

  

3 The Central Bank shall sell dollars to the parties mentioned in Paragraph (2) at the rate set by the Central Bank at a price of (1460) dinars per dollar for remittances, and (1455) dinars per dollar to cover documentary credits, after undertaking to sell in Iraqi dinars, and this shall be announced on the official websites of the concerned authorities at sale points.  

  

4 The Central Bank of Iraq issues an easy mechanism, and within one week from the date of the decision, through which the private sector mentioned in paragraphs (2 and 3) above can obtain dollars at the official rate, and the bank also secures private sector transfers outside Iraq at the official rate to cover their external obligations.   

[yota691]

The full text of Cabinet decisions at today's session

 

money and business
   

Economy News / Baghdad

Today, Tuesday, Prime Minister Mohamed Shia Al-Sudani chaired the second regular session of the Council of Ministers, which discussed the overall general situation, issues and decisions on the agenda.

 

The session witnessed a discussion of the rise in the exchange rate of the dollar, its effects on the market, and on citizens’ purchases from the local markets, and the measures required to address this and support the national currency, as the Council approved the following procedures:

 

1- Oblige all government agencies to sell all goods and services inside Iraq in dinars and at the Central Bank rate of (1470) dinars to one dollar.

 

2- What was stated in paragraph (1) above includes sales of goods and services from the private sector, especially the offices of national and foreign airlines, commercial agencies, telecommunications and Internet companies, and sales of investment residential complexes, and it is emphasized that the prices of goods and services are in Iraqi dinars on the price of the Central Bank.

 

3- The Central Bank shall sell the dollar to the parties mentioned in Paragraph (2) at the price set by the Central Bank at a price of (1460) dinars per dollar for remittances, and (1455) dinars per dollar to cover documentary credits, after undertaking to sell in Iraqi dinars, and this shall be announced on the official websites of the concerned authorities. on sales outlets.

 

4- The Central Bank of Iraq issues an easy mechanism, and within one week from the date of the decision, through which the private sector mentioned in paragraphs (2 and 3) above can obtain dollars at the official rate, and the bank also secures private sector transfers outside Iraq and at the official rate to cover their external obligations.

The Council of Ministers also continued discussing the file of confirming contractors in all state ministries, and approved the Ministry of Finance’s creation of titles and job grades within the budget of departments and formations, to install contractors before November 2, 2019, on permanent staffing, within the operational or planning expenses of each formation.

 

In the same context, the Council of Ministers approved the Ministry of Finance to convert (1,000) social researchers into contractors in accordance with Cabinet Resolutions (315 and 337 of 2019), with the addition of financial allocation teams to them with special schedules.

 

And within the framework of supporting the winter agricultural plan for the current season, and addressing the existing water problem, the Cabinet approved the recommendations of the meeting of the permanent joint committee between (the Ministries of Agriculture and Water Resources) held on November 30, 2022, regarding adding the two paragraphs below to the recommendations of the committee concerned with preparing A clear study on the winter agricultural plan for this season, and focus on the use of groundwater in promising areas in all governorates approved by the Council of Ministers in accordance with its decision (284 of 2022) according to the following:

 

1. Adding an area (one million dunums) so that the total area cultivated on surface water becomes (2,500,000) dunums, only two and a half million dunums, provided that the focus is on the agricultural areas of the winter plan on the main rivers, streams and canals.

 

2. Forming joint committees from the water resources directorates, agricultural directorates, agricultural committees and agricultural associations in coordination with them and the operations room consisting of the Joint Operations Command in all governorates to follow up the commitment of farmers and farmers to the irrigation areas approved by the agricultural plan for the winter season 2022-2023 and to remove the abuses, and the trespassers bear the legal responsibility As a result of their transgression, the aforementioned ministries are not obligated and are not responsible for considering or promoting any requests regarding compensation, in the event of a violation of the approved agricultural plan, and for setting bi-monthly meetings whose dates are agreed upon in coordination
between the directorates of agriculture and the directorates of water resources in all governorates.

 

And in implementation of the directives of the Prime Minister to expedite the implementation of the government's plans to remove traffic jams and reduce traffic congestion in the capital, Baghdad, and the subsequent measures represented in raising a number of checkpoints on both sides of Karkh and Rusafa, and opening several roads and tunnels inside the Green Zone, the Council of Ministers discussed The comprehensive government plan to be implemented by the Ministry of Construction and Housing to relieve traffic jams in the capital, Baghdad, where the Council approved the following:

 

1. Authorizing the Ministry of Construction, Housing, Municipalities and Public Works to conduct contracts with a ceiling not exceeding 1,500,000,000,000 dinars, only one trillion and five hundred billion dinars for projects included in the government program, by direct invitation method (design / implementation) and accepting the only offer within the total cost, provided that the contracts include a clause stating Not to spend any amounts except after approving the federal general budget of the Republic of Iraq for the fiscal year / 2023, and financing the aforementioned ministry with the required amounts, including contracting with a reputable international consulting body, as an exception to the instructions for implementing government contracts (2 of 2014).

 

2. All ministries and agencies not associated with a ministry provide all support for the project to relieve traffic jams in the capital, Baghdad, which is being implemented by the Ministry of Construction, Housing, Municipalities and Public Works.

 

3. Forming committees at each site to address conflicts facing implementation, consisting of ministries (oil, culture, electricity, communications, transportation, finance, and planning), the Municipality of Baghdad and the Baghdad Operations Command. The committees are empowered to implement spare orders, and their costs are added to the project cost.

 

4. Authorizing the Ministry of Construction, Housing, Municipalities and Public Works, and the public entities that own land or the owner of the allotment, the authority to implement the projects in question within the lands owned or allocated to those entities, provided that the expropriation takes place or the allotment body is changed.

With the aim of implementing what was stated in the ministerial curriculum, and what was included in the government program with regard to the housing axis, and providing the necessary facilities in this regard, the Council of Ministers approved the following:

Approval of the minutes of the consultative meeting held on November 29, 2022 regarding lands belonging to the Ministry of Finance and complexes designated for the construction of residential complexes, and paragraph (Third) of the recommendations of Meeting No. (17) of the National Housing Council, according to the following: 

 

• Lands belonging to the Ministry of Finance

 

- Based on the provisions of Article (1/7) of the Amended Law of Ownership of Lands and Emiri Buildings (3 of 1960), the ownership of lands belonging to the Ministry of Finance and previously allocated by the Ministry above, without compensation, shall be transferred to the Housing Department, one of the formations of the Ministry of Construction, Housing, Municipalities and Works. Public housing, on which public housing complexes are built or under construction in accordance with Legislative Decree (39 of 2001).

 

• Lands belonging to the General Directorate of Municipalities and allocated to the Housing Department.

 

2- Owning the lands belonging to the General Directorate of Municipalities and allocated to the Housing Department in accordance with Resolution (693 of 1973) without compensation, with what you need from the lands indicated in Article 1 of Law (80 of 1970) in the event that it applies to lands belonging to municipalities.

 

In the context of implementing the strategic plans set for the development of the electricity system, the Cabinet agreed to authorize the Minister of Electricity to sign a memorandum of cooperation for the energy program in Iraq, the second phase, between the Ministry of Electricity and Siemens Energy AG, as an exception to the contracting methods stipulated in Article (3) of the instructions. Implementation of government contracts (2 of 2014)

 

It also authorized the ministers participating in the government delegation to Germany to sign memorandums with their counterparts from the German side.

The Cabinet continued discussing other issues on the agenda, and issued the following decisions: 

 

First / Approval of the recommendations of the minutes of the (twenty-eighth) meeting of the Diwani Order Committee (45 of 2018), concerned with developing ways, mechanisms and solutions necessary for the completion of public hospital projects.

 

Second / Approving the draft law of the second amendment to the Iraqi Media Network Law No. (26) of 2015, and referring it to the House of Representatives.

 

Third / For the requirements of the public interest, work requirements and ensuring the continued provision of the media network in the most complete manner, impartiality and independence in accordance with the standards specified by law, recommending to the House of Representatives the dismissal of the president and members of the Board of Trustees of the Iraqi Media Network.

 

Fourth / Approval of the recommendations presented by the Deputy Prime Minister / Minister of Planning regarding amending the customs tariff

 

 Fifth / Approval of the recommendation of the Ministerial Council of Economy according to the following:

 

- Adjusting the prices of petroleum products in the future will be one of the tasks of the Ministerial Council for the Economy, upon a recommendation to the Council of Ministers.

Sixth: Approving the exemption of military shipments belonging to the Ministry of Defense from paragraphs (3, 5) of Cabinet Resolution (65 of 2022).

 

 

---

Views 362

Added 01/10/2023 - 7:55 PM

Updated 01/11/2023 - 5:43 PM

[6ly410]

In detail... Cabinet recommendations to address the effects of the rise in the dollar price on the market

Thursday 12 , January 2023 19:44 |EconomicalViews: 492

In detail... Cabinet recommendations to address the effects of the rise in the dollar price on the market (ninanews-com.translate.goog)

Baghdad /Nina/ The Council of Ministers approved several recommendations to address the impact of the rise of the dollar in the market and its impact on citizens' purchases from local markets. A statement by the General Secretariat of the Council of Ministers stated that "in support of the sobriety of the national currency and to address the rise in the dollar in the market, the Council of Ministers approved several recommendations as follows:
1. Oblige all government agencies to sell all goods and services inside Iraq in Iraqi dinars and at the dollar exchange rate determined by the Central Bank of Iraq, which amounts to the final beneficiary (1470) dinars per dollar.
2. The provisions of paragraph (1) include sales of goods and services from the private sector, especially the offices of national and foreign airlines, commercial agencies with their competencies and all their dealings, telecommunications and Internet companies, sales of residential and commercial investment complexes, and confirmation that the prices of goods and services shall be in Iraqi dinars on the basis of calculating the dollar exchange rate determined by the Central Bank.3. The Central Bank shall sell the dollar to the parties mentioned in paragraph (2) at the rate determined by the Central Bank at the sale rate of the dollar to Iraqi banks, i.e. (1460) dinars to the dollar for remittances, and ( 1455) dinars per dollar to cover documentary credits, provided that he submits an application to the currency sale window and a pledge to sell in Iraqi dinars, and this is announced on the official websites of the concerned authorities and a clear announcement is announced at the sales outlets.
4. The Central Bank of Iraq shall issue an easy mechanism within one working week, starting from the date of issuance of the decision, through which the private sector described in paragraphs (2 and 3) above can obtain dollars at the official rate of the bank, and the bank shall secure private sector transfers outside Iraq at the official rate to meet their external obligations.

[6ly410]

Iraqi Govt Props Up Value of Iraqi Dinar

 

Iraqi Govt Props Up Value of Iraqi Dinar | Iraq Business News (iraq-businessnews.com)

By John Lee.

The Iraqi Cabinet has agreed a package of measures aimed at propping up the value of the Iraqi dinar, following continued downward pressure on the currency relative to the dollar:

1. All government agencies are required to sell all goods and services inside Iraq based on the Central Bank USD exchange rate of 1470 IQD per 1 USD.
2. What was stated in Paragraph (1) above includes sales of goods and services from the private sector, especially the offices of national and foreign airlines, commercial agencies, telecommunications and Internet companies, and sales of residential investment complexes. It is emphasized that the prices of goods and services are in Iraqi dinars based on the Central Bank exchange rate.
3. The Central Bank sells dollars to the parties mentioned in Paragraph (2) at a rate set by the Central Bank of 1460 IQD per 1 USD for remittances and 1455 IQD per 1 USD to cover letters of credit after they pledge to sell using Iraqi Dinar. It will be announced on the official websites of the concerned authorities of sales outlets.
4. The Central Bank of Iraq develops a streamlined mechanism within one week from the date of the decision, through which the private sector mentioned in paragraphs (2 and 3) above can get US dollars at the official exchange rate. The bank also secures private sector transfers outside Iraq at the official exchange rate to cover their obligations.

The decison was made at this week's cabinet meeting, chaired by Prime Minister Muhammad Shia Al-Sudani.

(Source: Govt of Iraq)

[DinarDavo]

WOW.....that should qualify them for a Nobel Peace Prize......not!

[3n1]

they been propping and "putting it up"  for the iqd with usd for over 20years now ... moving on 

[T B]

seems that way !

[Danishere4news2]

I do not like where things appear to be going with this investment in the near future.

[JonnyV]

If you read #4, it seems that they will be a new exchange rate within one week.  Why even say they will cover letters of credit within one week and to use Dinar only.   Very ambiguous instructions.