Central Bank of Iraq unveils new 1000 dinar banknote featuring Assyrian star

 

By Rudaw 5 hours ago

      
Central Bank of Iraq unveils new 1000 dinar banknote featuring Assyrian star
The new 1000 IQD banknote featuring an Assyrian star. Photo: CBI / Rudaw
ERBIL, Kurdistan Region – The Central Bank of Iraq (CBI) has released a series of new banknote designs aimed at modernizing the currency and better reflecting the nation’s heritage and diversity.

The last significant redesign of Iraqi banknotes came after the 2003 US invasion, which saw Saddam Hussein’s face removed from the currency.

Now a new series of 25,000, 10,000, 1000, 500, 250 dinar notes is set to enter circulation from next week. The CBI says it does not plan to recall old banknotes.

As part of the redesign, the new banknotes will now feature the governor of the central bank’s printed name instead of his signature, “compatible with what is being followed in other countries”, the CBI said Sunday.

The issuing date will read 2018 AD and 1440 Hijri of the Islamic calendar.

However, it is the 1000 dinar note that seems to be getting the most significant makeover.

The symbol of the Ikhlas Surah from the Quran, which is currently featured on the 1000 IQD bill, is to be replaced with what looks like an Assyrian star.

Assyrians are a predominately Christian minority group concentrated around northern Iraq. Many of them were displaced or forced to flee abroad during the ISIS war.

The new 1000 dinar note will also feature the words: “Enlisting the marshes and heritage of Southern Iraq on world heritage list”. This is in reference to the inclusion of Iraq’s endangered marshlands on UNESCO’s list of World Heritage sites in 2016.

During Saddam’s rule, Iraq’s marshes were almost completely drained in order to flush out rebel groups.

The rich natural habitat and the culture of the marshland’s inhabitants were almost lost. International efforts have sought to bring it back to life.

Iraqi PM-designate Abdul-Mahdi begins assembling his cabinet

 

Iraq

By Rudaw 2 hours ago

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Iraqi PM-designate Abdul-Mahdi begins assembling his cabinet
Prime Minister-designate Adil Abdul-Mahdi. Photo: Karim Kadim / AP
ERBIL, Kurdistan Region – Adil Abdul-Mahdi, Iraq’s prime minister-designate, met with party leaders and the Speaker of the Iraqi parliament on Sunday, to discuss possible candidates for his Cabinet of Ministers. In a first for the new Iraq, he has been given a free hand to pick candidates.

According to his media office, Abdul-Mahdi met individually with State of Law chief Nouri al-Maliki, the Sunni Qarrar Alliance leader Osamah Nujaifi, and Shiite Asaib Ahl al-Haq militia leader Qais al-Khazaali.

He also met with former speaker Salim al-Jabouri, Ataa Movement members, former defense minister Khalid al-Obeidi, and others.

All sides extended their congratulations on his appointment by President Barham Salih last week, wishing him success in forming the government and serving Iraq.

“Also, political conditions and forming the next government were discussed, stressing on the content of the governmental program, and the priorities of the government in building, supporting security, stability, providing services, job opportunities, and bolstering foreign relations,” the statement added.

Abdul-Mahdi also met with Mohammed al-Halbousi, the new Speaker of the parliament, according to a statement from Halbousi’s media office.

“He [Halbousi] reiterated the importance of forming a strong government of services based on the standards of competency, integrity, and of that which can face the current challenges and fulfilling the expectations of the Iraqi public,” his media office said.

Halbousi hopes this can be achieved quickly and within the constitutional timeline, it added.

Abdul-Mahdi, an independent Shiite politician selected by consensus and compromise, was granted 30 days from his designation on October 2 to form his government. Chosen in order to lead a technocratic government, the parties have given Abdul-Mahdi the freedom to handpick his cabinet.

Abdul-Mahdi himself has put forth four conditions for his government – that he must be independent in picking his ministers; that parties present five candidates for each post; that he is given a free hand in running the government; and that party and political interference in governmental work is eliminated.

Shiite cleric Muqtada al-Sadr, head of the Sayirun alliance, has already said he will not put forward any candidates for Abdul-Mahdi’s cabinet. Sadr also called on the PM-designate to keep a grip on key security posts and to assign them to independents.

More than 40 civil society organizations met this week in Baghdad to put forth a roadmap for the new government.

“Every province knows its right to oil and gas, as an example, in Kurdistan, Basra, etc. Since Iraq is now a rentier state, it needs to organize state resources, ways of expenditure, and how to distribute these revenues in a socially just manner,” Kadhim Hussein, a civil activist attending the Baghdad conference, told Rudaw.

Ammal Saqqar, another civil activist, argued the next government needs to understand the issues it has inherited from past negligence and the lack of knowledge and experience in state administration.

“That needs to be resolved. There is the case of reconstruction, which is a dangerous case, the return of IDPs, and then there is the topic of the disappeared,” Saqqar said.

Raaid Fahmi, a prominent member of the Iraqi Communist Party and a member of the Sayirun alliance, told Rudaw that Kurdistani participation in Baghdad is essential, but said there needs to be unity between Kurdish parties.

“Whatever the share, I don’t think that will be a problem. It will reach an acceptable formula. Second, who will represent this case? If things are put forth at a time of division, as to which Kurdistani party are ministries reserved?” Fahmi said.

Fahmi is referring to the cracks in the Kurdistan Democratic Party (KDP) and Patriotic Union of Kurdistan (PUK) united front, and the fact that other Kurdish parties have decided to go at it alone in the parliament, causing a sharp division among the Kurdish parties.

“There are criteria for the distribution of posts. Not just any party or bloc can gain a ministry. There are criteria for this matter. God willing, as we discussed, everyone will get their share,” Nahlah Rawi, member of the Nasr (Victory) coalition, told Rudaw.

The Sunnis, although largely divided, are also discussing putting forth candidates for ministerial positions, with some recommending nominees who have been ministers before. The PM-designate, however, is seeking new faces.

Abdul-Mahdi has little time left to form a government capable of addressing reconstruction, unemployment, the crippling water crisis that has damaged agriculture, and one that can resolve issues between Baghdad and Erbil.

As a self-confessed believer in federalism, his Abdul-Mahdi’s new government could bode well for Erbil if Kurdish parties can mend fences.

Urgent .. Kurdistan celebrates the awaited news for its employees

Twilight News

one hour ago

The Ministry of Finance and Economy in the Kurdistan Regional Government decided to restore the amounts deducted from the salaries of employees last year 2017 during the current year.

According to a letter to the ministry, signed by Minister Ribaz Hablan, the amount of money not paid out of the salaries of employees during the last year 2017, which was added to the salary of the month (12) and did not reimburse employees, it will

be disbursed in the coming months of the current year 2018. He added that these salaries will be disbursed Have separate lists to coincide with the distribution of monthly salaries taking into account the number of points.

He explained that the first point concerns the central institutions and the amount of differences in the salaries of employees by the fund in which the funds were booked, adding that for non-central enterprises, the amount of differences in retention of employees acted in accordance with the exchange documents provided they are on the budget of 2017.

Keywords:

http://www.shafaaq.com/ar/Ar_NewsReader/b7bce524-c209-46bb-807e-fb553dedc858

Urgent .. Kurdistan celebrates the awaited news for its employees

Twilight News

52 minutes ago

The Ministry of Finance and Economy in the Kurdistan Regional Government decided to restore the amounts deducted from the salaries of employees last year 2017 during the current year.

According to a letter to the ministry, signed by Minister Ribaz Hablan, the amount of money not paid out of the salaries of employees during the last year 2017, which was added to the salary of the month (12) and did not reimburse employees, it will

be disbursed in the coming months of the current year 2018. He added that these salaries will be disbursed Have separate lists to coincide with the distribution of monthly salaries taking into account the number of points.

He explained that the first point concerns the central institutions and the amount of differences in the salaries of employees by the fund in which the funds were booked, adding that for non-central enterprises, the amount of differences in retention of employees acted in accordance with the exchange documents provided they are on the budget of 2017.

Keywords:

http://www.shafaaq.com/ar/Ar_NewsReader/b7bce524-c209-46bb-807e-fb553dedc858

An economist calls for the destruction of the new currency and correcting its grave error

Release date: 2018/10/7 22:14 •

{Baghdad: Al-Furat News} Economic expert Louay Khatib called for the destruction of the new currency and correcting its grave error.

“The Central Bank of Iraq issued a statement on the new version of the Iraqi currency signed the name of Acting Governor Ali Mohsen Ismail in a dangerous precedent and a violation of all contexts universally recognized and Iraqi, except dictatorships,” Khatib said on the site of social access (FIBSOC) today.

“The dollar, for example, is signed by the secretary of the treasury and the treasurer without mentioning the names, as is the case for the sterling pound signed by the treasurer, Chief Cashier, without the name.”

Khatib said, “So as an Iraqi citizen, I request that the signature of the Iraqi currency by the Minister of Finance by the title without mentioning the name, and the withdrawal and destruction of this new version and correct this grave error.”

He called on all Iraqi people “to participate in this corrective action to be the beginning of the reform process in all aspects of government work and its contexts.”

The Central Bank of Iraq issued its second edition of the banknotes of the categories {25000, 10000, 1000, 500, 250} dinars, indicating that the variables on the above categories were as follows, for the categories {25000, 10000, 500, 250} The name of the governor instead of signing it in the old version, in line with what is now practiced in other countries, and the dates Hijri and Gregorian dates were amended to {1440 – 2018 AD}.

http://alforatnews.com/modules/news/article.php?storytopic=37&storyid=176876

Economist criticizes the status of the governor of the bank on the Iraqi currency and an unprecedented step

Date of release: 2018/10/7 21:52

(Baghdad: Al-Furat News) criticized an economist, put the name of the Governor of the Central Bank on the new Iraqi currency.

“The process of changing the Iraqi currency has only changed the fees and put the name of the governor of the central bank triangular on the currency,” Bassem Jameel Antoine told the {Euphrates News} today, “noting that” the governor of the Central Bank only is usually put in currency. ”

He added that “the central bank has a special law and has the right to issue currency and sign only,” pointing out that “I did not find a governor of the bank, neither in Iraq nor in the countries of the world puts his triple name on the cash currency!”

The Central Bank of Iraq issued its second edition of the banknotes of the categories {25000, 10000, 1000, 500, 250} dinars, indicating that the variables on the above categories were as follows, for the categories {25000, 10000, 500, 250} The name of the governor instead of signing it in the old version, in line with what is now practiced in other countries, and the dates were amended AH and the Gregorian to the dates {1440 H-2018 m}. ”

On the problem of industry in Iraq Antoine explained that” the problem of industry is the most complex problems because of Understanding and the real will to support this sector, although it absorbs a lot of employment and creates the spirit of the citizen “.

” The size of the Iraqi investors ‘ money in Jordan amounted to 15 billion JD while Iraq needs these funds to activate all sectors, including industry. ”

He noted that” the industrial sector life needs a package of reforms “, in the hope of” the government program The new activating the industrial, agricultural and tourism sectors and dispensing with importing through the operation of factories and laboratories in the country. ”

http://alforatnews.com/modules/news/article.php?storytopic=37&storyid=176874

Abdul Mahdi discusses with the political leaders the government program and priorities

Release Date: 2018/10/7 21:41

(Baghdad: Al-Furat News) Prime Minister-designate Adel Abdul-Mahdi discussed with a number of political leaders the formation of the government and its program.

A statement of his office received the agency {Euphrates News} a copy of that Abdul Mahdi, “received separately, the head of a coalition of state law Nuri al-Maliki, and the head of the coalition of decision Osama Najafi, and the head of the movement of Asaib Ahl al-Sheikh Sheikh Qais al-Khazali, former Speaker of the House of Representatives, From the movement of tender, and the leader of the coalition of good Pierre Khalid Obeidi, and leader in the stream of wisdom and Minister of Youth and Sports Abdul Hussein Abtan.

The statement added that “during the meetings to congratulate the mandate of Abdul Mahdi to form a government and wish success and service to the country.”

They also discussed “the political situation and the formation of the next government and the emphasis on the content of the government program and the priorities of the government in reconstruction and support security stability and the provision of services and employment opportunities and strengthen external relations.”

http://alforatnews.com/modules/news/article.php?storytopic=36&storyid=176871