Release from the Investment Authority Regarding the Adoption of the Dinar in Transactions

[6ly410]

After a meeting with the Central Bank

Release from the Investment Authority Regarding the Adoption of the Dinar in Transactions

2023.08.16 - 19:31

Release from the Investment Authority Regarding the Adoption of the Dinar in Transactions (nasnews.com)

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Baghdad - NAS  

The Chairman of the National Investment Commission, 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 commit to dealing in Iraqi dinars in compliance with the directives and instructions issued by the concerned authorities in this regard.  

  

  

The head of the National Commission said in a statement received by NAS (August 16, 2023), that "the directives issued by the Central Bank and the Commission contribute to consolidating the national economy through well-studied mechanisms that adopt the Iraqi currency in transactions and financial transfers as a decisive factor for the importance of achieving economic stability."  

  

He added that "the authority directed the investment bodies in all provinces to monitor investment companies to deal in dinars in the payment of installments for housing units in the complexes," noting "the importance of commitment to signing investment contracts and including the establishment and prices in Iraqi dinars."  

  

"The authority is keen to facilitate and simplify procedures related to the implementation of projects, including customs exemptions for building materials, construction and entry visas," he said.  

[6ly410]

National Investment Commission confirms commitment to Iraqi dinar towards financial transactions

Wednesday 16 , August 2023 19:47 |EconomyViews: 82

National Investment Commission confirms commitment to Iraqi dinar towards financial transactions (ninanews-com.translate.goog)

Baghdad /NinaThe National Investment Commission confirmed on Wednesday the commitment to the Iraqi dinar towards financial transactions. According to a statement by the authority, its president, Haider Muhammad Makiya, chaired a joint meeting with the Central Bank of Iraq and investment companies, stressing the need for companies to commit to dealing in Iraqi dinars in compliance with the directives and instructions issued by the concerned authorities in this regard.

Makiya said, according to the statement, that the directives issued by the Central Bank and the Commission contribute to consolidating the national economy through well-studied mechanisms that adopt the Iraqi currency in transactions and financial transfers as a decisive factor for the importance of achieving economic stability.
He added that the Commission directed the investment bodies in all provinces to monitor investment companies to deal in dinars in paying installments for housing units in the complexes, indicating the importance of commitment to signing investment contracts and including the establishment 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 materials, construction and entry visas."

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There’s always that one guy that shows up wearing a cheap blue Polo.