Deputy chirps about putting the bank’s wallets named on the currency

08 October 2018 – 11:18



Alsumaria News / Baghdad

MP on the National Axis Alliance Mohammed al-Karbouli, Monday, a tweet about the status of the Governor of the Central Bank Ali al-Aliq name on the new editions of a number of currencies.

Karbouli said in Ngridth on the site ” Twitter “, “I will accept to be your name and signature embroidered with gold, but I will accept to put your picture on the currency that made equal to the dinar to the dollar,” asking , “Who is responsible for the continued bleeding of hard currency and sell the auction?”.

Karbouli wondered, “Who opened the wholesale banks in a disproportionate to Iraq’s economic strained? Who flooded Iraq consumer goods and the disruption of industrial and agricultural development of the country?”, He went on to say, “If you can not fix the reality of Iraq’s economic will not mention the Iraqis even if Sculpt it on the rock. ”

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

By Rudaw yesterday at 08:40

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.

An official at the Central Bank of the Euphrates: That’s why we wrote the governor’s name in the currency


Editorial date: 2018/10/8 21:32 
(Baghdad: Al Furat News) attributed the general manager of the issuance and cabinets in the Central Bank of Iraq Abdul Karim Hassan reasons to write the name of the governor on the new currency to know the citizen who is the governor.

Hassan told the {Euphrates News} today, that “adding the name of the governor came to know the citizen who is the current governor,” noting that “mentioning the name of the tripartite governor will not affect the value of the Iraqi dinar,” wondering what the misfortune of the development of custom, The Iraqi Dinar is the name of Governor Khairi Hasib? ” 
“All decisions are taken by the currency committee, and legally the central bank is solely responsible for currency content and issuing others,” he said. 
“The only central bank that deals with the dollar and Iraq process needs the dollar and the bank is the one who provides it,” he said.
He added that “the agent must be authentic and since the central bank does not have an original governor considered the relationship is authentic,” explaining that “the new currency bore a fee for the name of the triple governor, not writing, and there is no problematic.” is over

Let’s raise the hat to the Governor of the Central Bank of Iraq and his national team


Governor of the Central Bank Ali Al-Alaq
Samir Nusairi

Between time and time, some of the mouths in some media channels and means of social communication took advantage of the freedom of publication and the circulation of publications in order to achieve personal interests and divert the interests of the Iraqi people in these days towards the formation of the new government which we hope a lot in the next phase in the field of economic reform and overcoming suffering in years Economic and security shocks. This time their arrows were directed to the sovereign institution of the Iraqi Central Bank and its governor and his team. The bank did not exceed the provisions of Articles 32 and 33 of its Law No. 56 of 2004 regarding the issue of currency. The name of the Governor was not fixed. It is a custom used by some countries to document a certain historical stage, as was the case in previous stages. The transparency of the media profession to the achievements of the Central Bank of achievements during the previous years, which considered the governor because of the best Arab for the year 2018 and among the best 30 governors in the world and most importantly, Iraq’s exit from the monitoring and follow-up to the normal follow-up area according to Majmo Of the Financial Action. Therefore, I call on the national economic media and committed to convey the truth and bright points to the people and to demand the yellow media to apologize to the Central Bank of Iraq and its national team and I must mention here the most prominent achievements of the Central Bank during the past three years: –

Maintain inflation not exceeding 2% and the level of adequacy of foreign reserves within the acceptable rates according to the latest collective standard (imf)Provided by the International Monetary Fund 0 by 160%, which is considered an international high adequacy ratio, where the foreign reserves of Iraq amounted to $ 58 billion. And to stimulate the banking sector, regulatory, supervisory and supervisory, and establish new units within the regulatory structures of banks such as compliance and combating money laundering and financing of terrorism and credit and operational risk management and the issuance of the law against money laundering 39 for the year 2015 and the development of payment systems and the application of all payments by retail and mobile phone and the establishment of the national division and work on the application of international standards In accordance with the principle of transparency and disclosure and obtaining the ISO 9001: In addition to this, the Bank’s daily efforts to stimulate financial inclusion and focus on the initiative to settle salaries of employees for the purpose of raising the financial coverage of the population who do not have accounts in the banking system, which actually rose from 11% to 22% based on the World Bank Bulletin and for the purpose of restoring confidence in the sector The bank has re-evaluated and classified banks in accordance with international standards and standards in evaluating business results and measuring the efficiency of performance as well as the establishment of a deposit guarantee company in order to raise the savings rate at banks and reduce the percentage of housekeeping and restore confidence in the banking sector and thus stimulate the economy Through activating the investment and bank financing its initiative the financing of small and medium-sized enterprises and the supervision and leadership of community initiatives funded by the Iraqi banks as a ful Baghdad and support the Iraqi drama fund and the establishment of two national financing for large projects and the establishment of a fund social and humanitarian benefits and take regulatory actionThe establishment of a depository center in the Iraqi stock market and the establishment of a national credit information center. And the Iraqi Payments Board. At the level of international banking relations, the Central Bank and the exceptional efforts of the Governor and his team have succeeded in restoring relations with Arab and foreign central banks and delivering the achievements of the past three years to the international financial institutions such as the Financial Action Organization, which contributed to the transition of Iraq classification from gray to follow-up. The Governor in 2017 to the Security Council and presented the achievements and organizational and structural development and technical compliance with international standards in financial reporting and enhance confidence in the Iraqi economy and Iraq’s ability to Commitment to international credit benefits and accolades of the World Bank and the International Monetary Fund and the Financial Action Task Force have had a clear impact in strengthening economic resilience and financial victory and move steadily towards financial sustainability.

All the above achievements make the Central Bank of Iraq, its governorate and its work team worthy of praise and honor. I repeat the invitation of the Iraqi national media to read and read the audiovisual media to enhance the sincere and sincere efforts of the Iraqi fathers who fight terrorism and build the new Iraq in one and highlight the achievements and success stories that Achieved despite all the challenges and that the most prominent of these successes and crises are the successes of the Central Bank of Iraq and its work team who deserve a right word neutral to serve our national economy and Iraqi banking sector

* Economic and banking consultant

URGENT Abdel-Mahdi defines the terms of nomination for the cabinet and the deadline for submission


Date of release: 2018/10/8 20:24
(Baghdad: Al-Furat News) Prime Minister’s Office, Adel Abdul Mahdi announced the results of talks with leaders and political leaders in forming the next government.
“Adel Abdul-Mahdi, the prime minister-designate, declares his first and basic duty before the people and the House of Representatives during the constitutional period, is to devote full time to completing the arrangements required to form the government, to prepare the government curriculum and in view of the large number of requests for meetings Direct personal, whether to offer congratulations or to present programs and ideas or to run for candidacy, it declares: 
1 – apologize for the acceptance of delegations congratulations and only receive letters and calls to do so 
2 – who finds himself in the competence of experts and expertise and practical experience and wants to run for ministerial office can be This is done through the website (, Provided that the nomination includes the curriculum vitae and proves the fulfillment of the conditions mentioned in the Constitution and the laws in force, starting at 8 am on Tuesday, 9/10/2018, and will close the website itself at 4 o’clock on the afternoon of Thursday, 11/10 / 2018, as a signal to stop receiving applications. 
3. The Prime Minister-designate shall continue his consultations in various ways with everyone involved in this process, especially the officials of the blocs represented in the House of Representatives. 
4. The Prime Minister-designate may apologize to the heads of diplomatic missions and high dignitaries for the organization of meetings during this period, except for very special cases as the representative of the Secretary-General of the United Nations. These missions can transmit messages either through the Ministry of Foreign Affairs or the General Secretariat of the Council of Ministers or in his office or by e-mail and Telephone calls.
5 – Adel Abdul Mahdi reiterates that he did not authorize any person or entity to authorize and negotiate in his name, regardless of the degree of kinship or personal, political or behavioral relationship, and until the formation of special and official formations will be limited to the statement issued by the Information Office, which publishes its data on its official website only Facebook, Twitter and what sends directly to the media

the House of Representatives sets two things on its agenda Tuesday

Twilight News

36 minutes ago

Shafaq News / informed source said on Monday, the convening of the House of Representatives on Tuesday, a session includes the identification of two things.

The source told Twilight News that “the session of the House of Representatives will be held at noon on Tuesday afternoon.”

The source added that “the meeting will vote on the Committee of the Rules of Procedure, in addition to naming two House of Representatives.”


URGENT Saleh and Abdul-Mahdi insist on harnessing all energies to form a strong government


Release date: 2018/10/8 19:23 • 40 times read
The President of the Republic, Barham Salih, on Monday evening, Prime Minister-designate Adel Abdul-Mahdi, the latest developments in the process of forming a new government, and the emphasis on the importance of completion within the times approved by the Constitution.
“The meeting stressed the importance of harnessing all the energies to form a strong government capable of meeting the aspirations of the Iraqi citizen, and provide the necessary services to citizens to ensure the most basic elements of a decent life.”

The Central Bank of Iraq issued an explanation on the new edition of the currency


Central Bank of Iraq

Economy News Baghdad:

The Central Bank of Iraq, issued an explanation on the existence of the name of the Governor of the Central Bank of Iraq Ali Alalak in the new edition of the currency.

The Central Bank of Iraq said in a press statement received by the “Economy News” that “one of the basic functions of the work of the Central Bank of Iraq and provided for in Article IV of Law No. 56 of 2004 amending the” Issuance of the Iraqi currency and management as stated in Articles 32 and 33 of the same law where ” The Central Bank of Iraq alone without the right to issue currency currency paper and metal for the purpose of circulation in Iraq . “

“Under the regulations, the CBI has the right to determine the categories of paper and metal currencies, their measures, their forms, their material, their content, their weight, their design and other features . “

He pointed out that “the banknotes in various countries contain the signature of the Issuing Authority, which is the Governor of the Central Bank. Central banks have always put signatures of their governors on these securities in different forms.” Among them are the signature of the Governor, In the handwriting of the governor in the form of the name combination with a signature with special significance to the banknotes. Many central banks use this combination (name of the governor by hand) without signing to document the stage of issuance of the banknote.

He continued, “Of these examples Iraqi currency issued in 1932 as signed by the same formula Governor of the Central Bank of Iraq in 1964 and followed the approach of the central banks of Egypt, Saudi Arabia, UAE, Lebanon, Turkey and others, so the Central Bank of Iraq decided to include the name of the governor when reprinting or issuing any cash , In line with what was stated and with the latest trends found in the signature alone, the lack of significance required by the word (governor) on the banknote and that the currency committee in the Central Bank of Iraq concerned has taken this decision for months in accordance with all legal considerations and Organizational and international practices “.

Maliki to MacGork: the need to support the next government to meet the demands of Iraqis

Release date: 2018/10/8 13:49


head of the coalition of state law, Nuri al-Maliki, discussed with his special envoy to the United States, Brig. Gen. Brett McGurk, in the presence of Ambassador Douglas Silliman, the latest developments in the political and security situation in Iraq and the region, and means of enhancing bilateral relations between the two countries.

“Iraq today has become the focus of the world’s attention after it has succeeded in eradicating terrorism,” al-Maliki said during a meeting with the Iraqi news agency KNA, adding that “the need to speed up the formation of the government so that our country can enjoy security and stability.”

He pointed out that “the need to support the next government to be able to meet the demands of Iraqis in the development of the investment sector and reconstruction of the country and the provision of services and enhance political stability and security.”

Sadr calls for accountability for stealing Iraq’s money

02:15 – 08/10/2018

BAGHDAD – Mawazine News

The leader of the Sadrist movement, Moqtada al-Sadr, called on Monday to hold accountable those who stole Iraq’s money.

Sadr said in a tweet published on his own account of the social networking site, followed by / Mawazin News, “In the past days of the parties had their share of positions and the money of Iraq a lot, whether legally or not, and that lasted 15 years, is enough? “He said.

He added: “The time has come for the people to take their credit through independent technocrats, or is it time to hold those who steal Iraq’s money, and to promote the good of the right.” “Either it is time to reach the rights of the citizen without his control by the parties.”

He continued: “The time for the citizen to carry out his duties towards his homeland to the fullest and leave the interests of partisan and sectarian, sectarian, ethnic, regional, tribal, family and personal.”

He concluded by saying: “It is time to raise the homeland and the citizen above each affiliation.”

Sadr instructed earlier, not to nominate any candidate for any ministry for his part in the next government.Tended 29 / a 43