Category Archives: Uncategorized

The Central Bank decides to refer a bank to “forced liquidation” A document from the Central Bank addressed to the Bank of Babylon stated that “based on the decision of the Board of Directors of the Central Bank No. 203 … Continue reading →

Rafidain announces more than 3 trillion dinars in electronic collection Rafidain Bank announced, on Wednesday, the total amounts of financial settlements related to electronic collection movements from state departments and institutions. The bank said in a statement received by Shafaq … Continue reading →

Iraq, China sign MoU on combating corruption and pursuing wanted persons On Wednesday, the Iraqi Integrity Commission and the Chinese Oversight Committee signed a memorandum of understanding in the field of combating corruption, pursuing wanted persons, and recovering assets. The … Continue reading →

Central Bank of Iraq: We are studying removing zeros from the dinar and there are no restrictions on our balances in America Shafaq News / The Central Bank of Iraq reduced, on Sunday, its reliance on the US dollar in … Continue reading →

We are constantly reviewing the deletion of zeros from the dinar, and there are no restrictions on our balances in America Baghdad – The Central Bank of Iraq has reduced reliance on the US dollar in commercial transactions, according to … Continue reading →

Kurdistan deposits about 100 billion dinars of non-oil revenues into the Iraqi state treasury Shafaq News / The Ministry of Finance and Economy in the Kurdistan Region announced on Sunday the deposit of an amount of money amounting to about … Continue reading →

Politico: US troop withdrawal to be announced next week Information / Translation… The American newspaper Politico revealed, quoting two American officials in the Biden administration, that the United States expects to announce next week a long-awaited agreement with Iraq regarding … Continue reading →

Al-Sudani’s advisor: The banking system in Iraq is rentier par excellence Shafaq News / Mazhar Mohammed Saleh, economic affairs advisor to Prime Minister Mohammed Shia al-Sudani, described the banking system in Iraq as rentier par excellence on Saturday, noting that … Continue reading →

The government forms a higher committee to adapt Iraqi banks to international financial requirements Prime Minister Mohammed Shia al-Sudani announced on Thursday the formation of a higher committee to address the work of Iraqi banks in accordance with international financial … Continue reading →

Central Bank Governor: We have put in place methods to secure the provision of dollars and are subject to strict supervision The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, that all transfers are subject to … Continue reading →