" The Daily Dinar " ....... Friday, 1 March 2013
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  1. #1

    " The Daily Dinar " ....... Friday, 1 March 2013

    Deputy National: political blocs will reach agreement on financial budget disagreements day before approval
    28.02.2013 15:40:10 Thursday


    Baghdad (news) .. Predicted MP / National Alliance / Kazem al-Bahadli, to witness the remaining days before the vote on the budget for fiscal year (2013) in the House of Representatives on Monday, get consensus between the political blocs on the payment of dues dispute the oil companies operating in Kurdistan province.

    https://www.ikhnews.com/



  2. #2
    Iraq and Russia Going Ahead
    With $4 Billion Arms Deal
    By: Ali Abel Sadah for Al-Monitor Iraq Pulse. Posted on February 28.


    The Iraqi government is awaiting the parliament’s approval of the 2013 federal budget to pay Russia the money owed for the weapons deal. Meanwhile, Iraqi and Russian officials have confirmed that they will not cancel the arms agreement between the two countries, despite accusations of corruption. The dispute over the deal intensified when Ali al-Mussawi, the media adviser to the Iraqi prime minister, announced in December 2012 the cancellation of the arms deal with Russia, worth $4.2 billion, due to “corruption concerns.”

    Summary :
    Iraqi Minister of Foreign Affairs Hoshyar Zebari confirmed that Baghdad will go ahead with the arms deal it signed with Russia in 2012, but is waiting on the budget approval to begin payment, reports Ali Abel Sadah.
    Original Title:
    Baghdad Goes Ahead With $4 Billion Russian Arms Deal
    Author: Ali Abel Sadah
    Translated by: Pascale Menassa



    At the time, Mussawi said, “Iraqi Prime Minister Nouri al-Maliki, who had visited Moscow to sign the agreement, was determined to renegotiate.”

    Iraqi Minister of Foreign Affairs Hoshyar Zebari noted: “Iraq and Russia will proceed with the arms deal signed by Maliki during his most recent visit to Moscow.”

    When the prospects of signing the contract turned bleak due to corruption concerns, Iraqi Defense Minister Saadoun al-Dulaimi appeared before the media to take responsibility for any corruption in the deal. He also denied that the government had signed the agreement or that any money had been paid.

    In a press statement released on Feb. 22, 2013, Zebari affirmed that “the government is waiting for parliament to approve the 2013 budget to settle a down payment on the deal.”

    The Iraqi parliament has been holding heated sessions for the past three weeks. However, it is still unable to ratify the budget due to disagreements between Sunnis, Shiites and Kurds over financial shares.

    Zebari believes that “in principle, both parties are determined to implement the contract.”

    Russia was considered to be one of Iraq’s major suppliers of arms and equipment during the rule of former Iraqi President Saddam Hussein. Moscow, however, took a step back after American troops entered the country in 2003.

    Russian state arms exporter Rosoboronexport announced in Feb. 2013 that the arms deal had not been cancelled, but had yet to enter into force and still needed to pass through a series of legislative formalities.

    On Jan. 11, 2013, Maliki sent a delegation of army officers and weapons experts — headed by Iraqi Deputy Chief of Staff of Operations for the Iraqi Joint Forces Headquarters Gen. Aboud Kanbar — to Moscow to renegotiate the arms deal.

    Iraq is seeking to re-equip its army to face armed groups. According to some officials, the country lacks defense capabilities to protect its border, airspace and maritime territory.

    Iraqi military sources reported that the deal involves 30 Mi-27 helicopters and 42 Pantsir-S1 surface-to-air missiles.

    Russian and Iraqi media had stated that this would be the biggest deal signed by Russia since 2006. It would constitute Moscow’s return to the arms market in the Middle East, after years of decline due to the American presence.

    Diplomats in Baghdad consider the deal with Russia a way for Iraq to circumvent its strong reliance on American military equipment. This would give the country more power in arms negotiations with Washington, which is still the largest weapon supplier for Baghdad.

    On the other hand, Maliki’s deal with Moscow is seen as a short-term measure to enhance Iraq’s air defense capabilities before the country has to return its F-16 fighter jets to the United States.

    Ali Abel Sadah is a writer and journalist from Baghdad working in both Iraqi and Arab media. He was the editorial manager of a number of local newspapers, and was a political and cultural reporter for over 10 years. He has published in various newspapers and magazines covering Iraqi political affairs, human rights and civil society.

    Read more: https://www.al-monitor.com/pulse/orig...#ixzz2MGMrybm6

  3. #3
    Baghdad, Erbil Trade
    Accusations on Oil Payments

    By: Omar al-Shaher for Al-Monitor Iraq Pulse. Posted on February 28.

    Baghdad and Erbil, the capital of the semi-autonomous Kurdistan region of Iraq, have exchanged accusations over the payment of foreign oil companies for extraction costs, which the Kurdistan Regional Government (KRG) demands that the federal government honor. This cost stands at around $4 billion.

    Summary :
    Baghdad has accused the Kurdistan Regional Government of failing to pay Western companies for oil-extraction costs, further raising tensions between the two sides, writes Omar Shaher.
    Original Title:
    Baghdad Accuses Erbil of Not Paying Oil Revenue
    Author: Omar al-Shaher



    Kurdish MP Farhad Atrushi said that the federal government is delaying the payment of dues to oil-extracting companies operating in the provinces of Erbil, Sulaymaniyah and Dahuk in the Kurdistan region. Yet, an MP and close associate of Iraqi Prime Minister Nouri al-Maliki replied that so far, Baghdad has paid Erbil $1 billion in oil-extraction costs, while it has received revenues from 56 million out of 160 million exported barrels, according to documents.

    Shiite MP Abdul Abbas Shiaa said, “The $1 billion exceeds the cost of extracting 56 million barrels, from which revenues were received from the region. Yet, it is demanding $4 billion as payment for extracting 160 million barrels, of which Baghdad received the revenues for only 56 million barrels.”

    Atrushi said, “$20 billion in Iraq’s budget has been allocated to the Oil Ministry from the sovereign expenditures, while oil will be extracted from fields spread over easily accessible locations. Moreover, Iraq’s oil contracts with the oil-extraction companies [are intended] to provide services, so why [are] all these allocations [needed]?”

    He added: “Baghdad tells us that the dues to foreign companies operating in the region will be paid from the abundance of oil revenue. This amount will never be reached, because the government is defrauding parliament annually, and with the fraud, the extra amounts are lost.”

    He said: “I find this logic strange. Is the region producing onions or tomatoes? Doesn't the region produce oil, just like you do? Why is your oil sovereign and ours not? Is there a first-class and second-class oil?”

    Shiaa replied: “A recent meeting to discuss the dues to Western oil companies operating in the Kurdistan region was held in the presence of Abdel Basset Turki, head of the Supreme Audit Board. Turki presented documents proving that the KRG informed Baghdad that it has exported 160 million barrels of oil recently. Yet, it has paid the federal government a sum that only covers 56 million barrels. Where is the sum equivalent to the remaining 104 million barrels?”

    Shiaa added: “When we confronted the Kurdish MPs with these documents, they said that they will ask the minister of natural resources in the KRG to come to Baghdad and explain the issue.”

    He continued: “Kurdish MP Farhad Atrushi said in a press conference a while ago that extracting a barrel of oil costs up to $50 in Iraq, according to the share of the Federal Oil Ministry in the budget. Yet the government in Baghdad does not say that to Iraqis. Rather, it says that the cost of extracting a barrel of oil is two dollars.” Shiaa added: “When we requested the federal Oil Ministry explain that, the answer was that its financial allocations in the 2013 budget do not only cover the cost of extraction for this year, but rather many more years, which Atrushi did not mention.”

    Shiaa said: “We gave the Kurdistan region two options: receive the dues to Western oil companies in the form of treasury bonds, or from the abundance coming from the increased oil exports. And we have not received the answer yet.”

    He asked: “The semi-autonomous region gets 17% of Iraq's budget. Does it really produce 17% of Iraq's oil?”

    Parliamentary sources in Baghdad said that the lack of an agreement on Iraq’s budget for 2013 goes back to the fact that political blocs have escalated their demands. The State of Law coalition — led by Maliki — is attempting to reduce the share of the Kurdistan region from 17% to 11%, which is strongly opposed by the Kurds. On the other hand, the Kurds seek to add a clause to the budget regarding the extraction cost, guaranteeing that the dues to foreign companies operating in their provinces will be paid.

    Omar al-Shaher is a contributor to Al-Monitor’s Iraq Pulse. His writing has appeared in a wide range of publications including France’s LeMonde, the Iraqi Alesbuyia magazine, Egypt’s Al-Ahaly and the Elaph website.


    Read more: https://www.al-monitor.com/pulse/orig...#ixzz2MGNnrteX

  4. #4
    No End in Sight for Iraq Oil Dispute
    By: Roxana Saberi for Al-Monitor. Posted on February 28,2013

    ERBIL — Nechirvan Barzani, prime minister of the Kurdistan Regional Government of Iraq, is criticizing Baghdad for threatening to cancel the contracts of companies operating in the country’s southern oil fields if they refuse to stop dealing separately with the Kurds.

    Summary :
    Roxana Saberi reports from Erbil that Nechirvan Barzani, prime minister of the Kurdistan Regional Government of Iraq, is calling for a solution to the Iraqi oil dispute, which is likely to prevent Iraq from reaching its goals.
    Author: Roxana Saberi
    Posted on : February 27 2013


    “Instead of warning companies to choose between the KRG or Baghdad, it’s in Iraq’s interest to cooperate more and ... for the KRG and Baghdad to sit down and find a solution,” Barzani told Al-Monitor in an exclusive interview.

    His comments are likely to add fuel to the dispute simmering between the KRG and the central government in Baghdad, which argues that the semiautonomous Kurdistan Region has no legal authority to export oil or sign agreements for development. The Kurds, however, maintain that Iraq’s constitution gives them the right to do so. They have already signed contracts with a number of multinational companies, including Chevron, ExxonMobil, and Gazprom. In January, Iraqi Oil Minister Abdul Kareem Luaibi ordered ExxonMobil to decide between Kurdistan and southern Iraq.

    “This approach for Baghdad to tell ExxonMobil to choose between Kurdistan and Iraq, in our view, is a very wrong approach, because... that oil belongs to all of Iraq,” Barzani said. “Those companies that now deal with the KRG are aware of our right in the Iraqi constitution. That’s why they came to the KRG.”

    Iraqi Prime Minister Nouri al-Maliki, however, has argued that the Kurds’ oil policy threatens to splinter the country’s fragile federal state by tempting its other oil-rich regions to also strike independent deals. This dispute, along with broader security concerns, has undermined Baghdad’s drive to boost oil production, now averaging around 3 million barrels per day (bpd), to more than 8 million bpd by 2017.

    “If you have one part of the country producing and exporting and selling the oil, then Basra, the southern part, will do the same, and the other governorates will do the same, and this will have no government planning,” said Abdullah al-Amir, the principal personal advisor to Hussein al-Shahristani, Iraq’s deputy prime minister for energy affairs, in an interview with Al-Monitor. “There will be no [central] government revenues because each governorate will do whatever it wants. This is against the constitution of Iraq.”

    Amir said Kurdistan should submit all its oil contracts to Iraq’s Oil Ministry for approval and claimed that at present only one-third of the KRG’s oil revenues are being transferred to the central government. “There is no record of what is happening to the [other] two-thirds of production, where the revenues are going, what prices the oil is sold at,” he said.

    Earlier in February, a dispute over payments to oil companies working in Kurdistan prompted the Iraqi parliament to indefinitely postpone a vote on the national budget. Some lawmakers called for cutting Kurdistan’s share of the budget from 17% to no more than 12%. The Kurds say they are entitled to 17% of the federal budget, which is financed largely through the sale of crude oil, including from Kurdistan. They claim that they already receive much less than that.

    “Our 17%, after subtracting the budget for the Iraqi president’s office, the Ministry of Defense, the Ministry of Interior ... in fact is 11.5% of the total budget of Iraq,” Nawzad Hani Mawlood, the governor of Erbil province, told Al-Monitor. He added that the Kurdistan Region relies on this revenue to pay wages for civil servants and other operating expenses.

    Tensions were already on the rise before the budget battle. In December, Kurdistan had stopped exporting oil through a federal pipeline and instead began transporting it by truck across the border with Turkey. These exports are modest, some 10,000 to 20,000 bpd, according to Robin Mills, head of consulting at Dubai-based Manaar Energy. This means Kurdistan has a long way to go to achieve Prime Minister Barzani’s goal of exporting around half a million barrels a day by the end of this year and 1 million a day by 2014.

    “To have a really self-sustaining industry, they need either a solid agreement with Baghdad on pipeline access or an independent pipeline,” Mills said. The KRG has been discussing developing plans to build a pipeline to export Kurdistan oil through Turkey, though Mills questions the likelihood of an agreement taking shape any time soon.

    The clash over oil is part of a larger feud between Kurdistan and Iraq’s Shiite Arab–led administration over land and autonomy. “[The oil dispute] is just a front to a more existential contest over federalism, land, and authority,” said an American oil investor who has worked in Iraq and spoke on condition of anonymity. “I think the oil issue is a symptom and not a cause. So long as it is going to represent itself as a democracy, Iraq cannot be governed as a unitary, centralized state. There is no way Sunnis and Kurds would willingly subject themselves to that level of centralized Shiite control.”

    Late last year, both the Kurds and Baghdad deployed troops to a disputed area along Kurdistan’s southern boundary. In recent weeks, the area has been shaken by a wave of bombings, including a suicide attack that killed at least 15 people in the oil-rich city of Kirkuk.

    Despite the standoff, Kurdistan’s prime minister doesn’t expect the conflict to escalate into war. “Maybe there will be tensions sometimes, problems everywhere, but war, I don’t think so,” Barzani said. “We both are not stupid, so war, no. I don’t expect it.”

    Mills, the consultant, agreed that open conflict is unlikely. “[It] would be disastrous for both sides,” he said. “It would embolden Sunnis in western and northern Iraq who are opposed to the Baghdad government and would invite intervention by Turkey and Iran.”

    Baghdad can’t afford to fight the Kurds right now, according to Governor Mawlood, because it has its hands full with possible spillover from neighboring Syria. He believes that if Syrian President Bashar al-Assad falls, Sunni Muslims there will come to power and could incite Iraq’s Sunnis to rise up against the Shiite-led government.

    “So the competition is between Shiites and Sunnis in Baghdad, not the Kurds,” asserted Mawlood. “We don’t take part in that. [Maliki] needs the support of Kurds because he wants to stay prime minister. So he needs the votes of Kurds for this position, but he is making a mistake.”

    Roxana Saberi is an Iranian-American journalist and author of Between Two Worlds: My Life and Captivity in Iran.


    Read more: https://www.al-monitor.com/pulse/orig...#ixzz2MGOeYL2N

  5. #5
    Allawi’s Bloc Considers
    Strategy for Iraqi Elections

    By: Ali Abel Sadah for Al-Monitor Iraq Pulse. Posted on February 27.

    The Iraqiya List coalition, which is led by secular former Iraqi Prime Minister Ayad Allawi, is trying to regroup its scattered strength. It recently announced that it will review its relationship with other political forces.

    Summary :
    Ayad Allawi’s bloc, al-Iraqiya, issued a terse statement criticizing the Iraqi government and calling for a review of its own relationships with other Iraqi political parties, writes Ali Abel Sadah.
    Original Title:
    Allawi’s Bloc Meets Before the Elections
    Author: Ali Abel Sadah
    Translated by: Rani Geha


    Iraqiya’s members met in the presence of Allawi and Al-Monitor obtained a copy of the statement they issued after the meeting. The statement said that during the meeting, Allawi spoke about the repercussions of the protests in Anbar, Tikrit and Mosul. Allawi discussed with the members of the bloc the position of Iraqi Prime Minister Nouri al-Maliki’s government on the protests.

    This is one of the few times that Allawi has met with his bloc since the 2010 elections crisis, when he failed to be elected prime minister. Since then, he has become less active, moving between Baghdad and London. The bloc’s internal matters were left to some of its Sunni members, among them Vice President Saleh al-Mutlaq and Parliament Speaker Osama al-Najaifi, who is considered the de facto leader of the Iraqiya bloc.

    Washington helped Iyad Allawi become the first interim Iraqi prime minister after Saddam Hussein. He began his political career in the Baath party before breaking off his relationship with it. He earned a reputation as a strong leader in the face of the Sunni and Shiite rebellions in 2004.

    But with the approach of the Iraqi provincial council elections, Allawi began showing his presence in Iraqiya List bloc. In its last meeting on Feb. 25, some called for a review of the bloc’s relationship with other political forces.

    In past years, Iraqiya was busy feuding with the rival State of Law coalition, the ruling Shiite alliance led by Maliki.

    Allawi accused Maliki of enshrining corruption, sectarianism and political unilateralism, and repeatedly said that Iran’s interference in Iraqi affairs tainted political life.

    Iraqiya suffered several internal divisions, among them the breakaway of the members of the “White Iraqiya,” which is led by one of the most prominent Iraqiya hawks, Sheik Jamal al-Battikh. He used to be Allawi’s man in the Middle Euphrates, a Shiite-majority area in south Baghdad.

    The Iraqiya statement said that its members discussed the bloc’s relationships with the other political blocs in order to redress the political course. The statement said that the bloc agreed to maintain its links with the other political blocs.

    The terse statement did not contain a new position, but it alluded that the bloc’s policies toward its political opponents may change. The statement has reservations about both the Iraqi government and those protesting against it. The statement commented on Iraqi events and called for “examining the political movements in the country and reviewing the relationships between them.”

    The country is going through a political crisis that observers assert will continue to get worse in light of differences between the political blocs. Those differences used to be between the Iraqiya List and the State of Law coalition. They have now become between the State of Law on the one hand and the Kurdistan Alliance and the Sadrist movement and other parties and currents on the other.

    Allawi’s actions have to do with the approaching local elections. He is trying to give momentum to his party, the National Accord Movement. But he is facing serious difficulties because his party has no alliances with major parties, such as the parties of Mutlaq and Najaifi, who have chosen to stay away.

    The Sunni Arabs used to consider Allawi a “traitor” for ordering the attack on Fallujah in Nov. 2004, but in some areas more than 80% of Sunnis voted for him in 2010.

    Allawi also fought fierce battles against the Mahdi Army in Najaf in the summer of 2004. Lately, he has denounced the “security crackdowns and arbitrary arrests” of his supporters.

    When he became prime minister in 2004, he sought to build up the armed forces and also criticized the exclusion of Baathists (as long as they were not among Saddam Hussein’s supporters) from political life and administration.

    Ali Abel Sadah is a writer and journalist from Baghdad working in both Iraqi and Arab media. He was the editorial manager of a number of local newspapers, and was a political and cultural reporter for over 10 years. He has published in various newspapers and magazines covering Iraqi political affairs, human rights and civil society.


    Read more: https://www.al-monitor.com/pulse/orig...#ixzz2MGPk1iQx

  6. #6
    Mustafa: Anbar demonstrators not to gain normal position without forming “Region of Western Iraq”
    Friday, 01 March 2013 08:58 | | |

    Baghdad (AIN) –MP, Lateef Mustafa, of Taghyeer Kurdish bloc assured that Anbar demonstrators will not gain their normal position, in case their demands are to be implementing, without forming “The Region of Western Iraq.”

    He stated to AIN “The demonstrations conducted for certain reasons but now they demand different thing,” noting that “They will not accept with any achievement less than forming their region.”

    “The general situation in the country is very critical and might lead to more escalation that can be exploited by the terrorists to implement foreign agendas,” he concluded.

    Earlier, the media committee of Anbar demonstrators revealed last Saturday that the design of Western Region’s flag has finished.

    https://www.alliraqnews.com/en/index....tical&Itemid=2

  7. #7
    Jumaili confirms he will take over the task of questioning in parliament





    Published 01/03/2013 09:27 AM


    BAGHDAD - "arenas of liberation"
    Prime parliamentary bloc, the Iraqi list Salman Jumaili assumed the task of questioning Prime Minister Nuri al-Maliki told the House of Representatives.
    Jumaily said in a statement to the newspaper "Al-Watan" Saudi Arabia "we completed all the procedures related questions for the purpose of ensuring the approval of the Federal Court."

    Salman al-Jumaili


    He added: "that determines the presidency of the parliament as the date for the questioning, which will deal with specific points of violating the constitution, especially in the material, which provides for the adoption of a balance between the social components in positions within the security services and the rest of the government jobs

    https://www.altahreernews.com/inp/view.asp?ID=14467

  8. #8

    Confirmation of what was narrated only by "arenas of Liberation" a few days ago:

    Confirmation of what was narrated only by "arenas of Liberation" a few days ago: a meeting in Washington combines delegation from Maliki's government headed by Assistant Faleh al-Fayad, with Joe Biden





    Published 28/02/2013 08:47 AM


    Washington - "arenas of Liberation"
    Confirmation of what was narrated only by site "arenas of liberation", quoting the sister channel of "change" a few days ago, he met in Washington a delegation from the Iraqi government headed by National Security Adviser Faleh al-Fayad with a counselor U.S. Vice President Joe Biden to discuss the paths the Iraqi crisis and the repercussions of the regional situation on them.
    The U.S. Vice President Joe Biden's commitment to continued U.S. partnership with Iraq.
    Biden confirmation came through joining a meeting adviser to National Security Advisor Anthony Blinken with his Iraqi counterpart, Faleh al-Fayad.

    Biden in charge of the Iraqi file and his national security adviser Blinken

    The White House said in a statement, "it was discussed regional developments and interest of U.S. and Iraqi joint in peace and stability in the region."
    The channel "change" I learned from U.S. sources and Iraqi that an Iraqi delegation from the confidante of Prime Minister Nuri al-Maliki will visit the U.S. capital Washington soon.
    Iraqi delegation will be led by National Security Adviser Faleh al-Fayad and the membership of Yassin Majeed and Sami al-Askari.
    And learned of "change" from its sources in Washington said the Obama administration would delegation Maliki concern steps the Iraqi government anti-democratic and human rights
    and that Washington will of the Iraqi delegation that "President Obama will visit Baghdad in the event of continued approach Maliki in monopoly power."
    and sources added that " Obama administration will Maliki delegation specific steps must be adhered to by the Baghdad government within a specific timeframe to restore the political process back on track and Democratic national commitment to partnership



    https://www.altahreernews.com/inp/view.asp?ID=14438

  9. #9
    Urgent….Finance Minister announces his resignation before demonstrators
    Friday, 01 March 2013 13:44 | | |

    Anbar (AIN) –The leader within the Iraqiya Slate and Minister of Finance, Sabir al-Esawi, announced submitting his resignation from his post before the demonstrators.

    The reporter of AIN in Anbar assured “Esawi announced his resignation from his post as the Finance Minister before the demonstrators in Anbar on Friday.”

    https://www.alliraqnews.com/en/index....tical&Itemid=2

  10. #10
    Mixed opinions: What will happen if they delete the three zeros of the Iraqi currency?Posted: March 1, 2013 in Iraqi Dinar/Politics
    Tags: Central bank, Currency, Economy of Iraq, Government, Iraq, iraqi, Iraqi dinar, Monetary policy 3 – 1 – 2013

    Politicians and economists stressed the Iraqis that if delete three zeros from the current currency of Iraq explain many risks because of poor conditions in the country, instability, insecurity and corruption, noting that this process is not possible at present because it will lead to a major crisis in the Iraqi economy.

    Iraq is seeking to reform the currency management system and to facilitate their use and to reduce the number of banknotes from four billion to one billion and 800 million, by deleting three zeros and a coin.

    In this context the Economic Adviser to the Iraqi Prime Minister Abd al-Husayn Al-Anbuge to delete zeros from the local currency will increase the phenomenon of money laundering. He noted that the Government had informed the Central Bank that risks to economic security in case the Bank insisted on the deletion of zeros from the local currency.He said the process cost time and effort to the Government and the Central Bank and raises the level of fraud of some terrorist groups for smuggling money out of the country.

    For his part, ruled out a member of the Finance Committee Attorney Haitham al-Jabouri, the Iraqi currency replacement project and deleted her zeroes in the year in which the project is to be implemented by the Central Bank.

    Al-jubouri said that the unstable political situation and the worsening status of the Central Bank to postpone the project until there is political stability and the stability of monetary policy in the country and after each incident, saying: that this year will see the replacement of Iraqi currency and does not delete the three her zeroes. “

    He said “the Exchange and delete her zeroes will be bigger and better features reduce inflation and revive the dinar as a result of the lack of demand for dollars, which comes with great positives for the economy of the country.”

    Algiori said that the Exchange will revive the economy but the country needs political and economic environment conducive to the implementation of the project without meeting any obstacles leading to the deterioration of the currency. “

    Earlier, the Central Bank said in August last year that it plans to delete the zeros of the Iraqi dinar to facilitate financial transactions made through criticism most often. Among the difficulties faced by Iraq if it wanted to delete the zeros of the dinar is pulling about 30 trillion dinars in Iraqi market (about 27 billion dollars) and then discarded and replaced with a new currency.

    https://bit.ly/12gUjSe

    https://thecurrencynewshound.com/2013...raqi-currency/

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