Central Bank: Five new cash classes in Hong Kong

Economy News _ Baghdad

The Central Bank of Iraq (CBE) on Tuesday told all banks that Hong Kong will issue five new trading categories.

“The Monetary Authority of Hong Kong / China will issue the new series of banknotes for categories (HK $ 20, HK $ 50, HK $ 100, HK $ 500, KH $ 1000) between 2018 and 2020,” the bank said in a statement.

“The Monetary Authority will put these categories into circulation gradually starting from the HK $ 1000, which will be put into circulation in the last quarter of 2018,” the bank said.

The bank called on all private banks to “inform their employees of foreign exchange workers of the new issuance of monetary authority in Hong Kong.”


Minister of Finance: The government is seeking to diversify sources of income and not rely solely on oil

money and business

Economy News _ Baghdad

Deputy Prime Minister for Economic Affairs and Minister of Finance Fouad Hussein, on Tuesday, the government’s tendency to adopt a decentralized administration, reform the banking system, rebuild the Iraqi economy and diversify sources of income and not rely on oil as the main source of income.
“Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein received today in his office the head of the US Agency for International Development Mission in Baghdad Dina Mansouri and the accompanying delegation to discuss the development of the economic situation in the country. “He said.
“There is a tendency from the government to adopt a decentralized administration, reform the banking system, rebuild the Iraqi economy, diversify sources of income and not rely on oil as a major source of income, especially with the global market witnessing fluctuations in its prices,” Hussein said. Alternative income “.
“Iraq looks forward to building strong relations with the international community and governments and international organizations to benefit from the expertise, knowledge and technology to build a prosperous and prosperous Iraq,” he said.
For her part, Mansouri stressed that “the mission team is fully prepared to cooperate with the Iraqi government and provide their services in training and development, especially those working in the economic sector and the Ministry of Finance, in addition to all projects of training and follow-up and consultation falls within the program” Takamul “adopted by the US Agency for International Development” .


URGENT Mr. Sadr rejects non-independents for interior and defense and makes proposal to Abdul Mahdi

Editorial Date: 2018/11/27 11:09

The leader of the Sadrist movement, Mr. Muqtada al-Sadr, on Tuesday, Prime Minister Adel Abdul-Mahdi, to speed up the introduction of his cabinet, apart from the portfolios of defense and interior.

In a tweet on Twitter, Al-Sadr said in a tweet: “My brother, Mali, I call upon you to escape and invite me to the quota and corruption!

He added: “O national, the machine of quotas and rejecters of the” experimenter does not try “have become united among themselves to return the ugly faces and corrupt and this was not satisfied by the reference and even rejected by the people categorically.

“I am not a reason to delay the completion of the formation of the government, but I am the reason to delay their plans do not listen to them and do not listen.”

“I will not satisfy a minister of defense or an internal non-independent, in order to preserve Iraq’s dignity and independence and dignity.”

At the end of his twitter, Mr. Sadr suggested to Prime Minister Adel Abdul Mahdi, “to accelerate the introduction of his cabinet remaining cabinet, except for the ministers of defense and interior and open the door for nomination by the great leaders who liberated the land of usurped hands of the devil and without the intervention of any block or party or party Never our neighbors, our friends, not our masters, and our decision is Iraqi. ”