EPISODE · Aug 24, 2024 · 29 MIN
Is Iraq heading towards printing new paper currency?
from My FX Buddies · host Tish Washington
Is Iraq heading towards printing new paper currency? link to My FX Buddy Blog Committee member Moeen Al-Kazemi said in a statement followed by "Al-Eqtisad News": "There is no intention to print new paper currency at the Central Bank," noting that "the Ministry of Finance began funding ministries and governorates with salaries two days ago."He added that "the cash mass required monthly to pay employees' salaries is estimated at four million employees and four million beneficiaries of the Retirement Authority and two million social care, which is approximately 7 trillion and 500 billion dinars." He
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Is Iraq heading towards printing new paper currency? link to My FX Buddy Blog Committee member Moeen Al-Kazemi said in a statement followed by "Al-Eqtisad News": "There is no intention to print new paper currency at the Central Bank," noting that "the Ministry of Finance began funding ministries and governorates with salaries two days ago."He added that "the cash mass required monthly to pay employees' salaries is estimated at four million employees and four million beneficiaries of the Retirement Authority and two million social care, which is approximately 7 trillion and 500 billion dinars." He
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Is Iraq heading towards printing new paper currency?
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