Based on Upcoming Budgets, IQD Exchange Rate Approx $1.16; Committee Members Calls For CBI Study

Finance Committee: 2016 budget will exceed 188 trillion dinars BAGHDAD / JD / .. announced the Finance Committee in the House of Representatives that the 2016 budget will be more than 188 trillion dinars. Committee member said Magda al-Tamimi told the reporter / JD / within the Committee prepared for the budgets of Iraq strategy […]

Controversies on Dinar ‘Reform’ Amongst The Iraqi Officials

Two Iraqi parliamentary committees monitoring fiscal policy in Iraq have held two contradictory positions on the Iraqi currency “reset” project, which would delete three zeros from the currency. Controversies were there regarding the feasibility of this project and some of the experts have opined that it will take a long to implement. The Parliamentary Economic […]

Politicans Optimistic About IMF’s Assessment of Iraq Economic Future

International assessment of the economy and its sustainability Yasser incumbent optimistic frequently exit of Iraq from the provisions of Chapter VII and rely upon the achievement of economic advancement and coincided with the decision issued global assessment of the IMF, which predicted through which to reach the growth rate in Iraq (9 percent), and is […]

Foreign Banks Considering Investing in Iraq’s Banking Sector

Expert: entry establish a competitive environment with local Banking expert stressed that Iraq represents a promising financial market attracts the attention of investors and international banks to come to the country and direct banking investments where especially given that citizens are now looking to banking services is greater than currently exist. Afterthought at the same […]