Thursday, June 6, 2024

IRAQ NEWS DISCUSSION: What is the CBI strategy behind this move? BY MNT GOAT, 6 JUNE

IRAQ ANNOUNCES THE ARRIVAL OF APPROXIMATELY 24,400 PILGRIMS TO THE HOLY LAND SO FAR

Economy News – Baghdad

Today, Friday, the Supreme Commission for Hajj and Umrah counted Iraqi pilgrims traveling by land and air to the Holy Land, while confirming the existence of coordination with the Central Bank and banks to sell dollars to pilgrims at the official rate.

“The voyage process is continuing, whether by air through Baghdad, Najaf, Basra, Erbil, Sulaymaniyah and Kirkuk airports to Madinah airport – Prince Mohammed bin Abdulaziz airport, directly, as well as the voyage through the Arar border crossing, where pilgrims are escorted by security forces to the Arar border crossing,” said spokesman Hassan Fahd al-Kinani.

Al-Kinani added that “pilgrims pass through the city of pilgrims and Umrah performers, which was established in a record period not exceeding sixty days, and there are all the amenities that the pilgrim needs, and it contains restaurants, a bakery, a factory for the production of crystal ice, and a dream, where breakfast, lunch and dinner are served when the pilgrim stays there, and then at the Arar border crossing, where the procedures are easy and easy.”

“The number of pilgrims traveling by land and air to the Holy Land has reached about 24,400, half of whom are now in Medina and the other half have moved to Mecca after visiting the Holy Prophet (peace be upon him),” he said.

Regarding coordination with the Central Bank to obtain the dollar, Al-Kinani explained that “there is coordination with the Central Bank, Al-Rasheed and Rafidain Banks, and the Hermit Bank, which has been since the beginning of the regiment in the process of exchanging dollars to pilgrims, in addition to the Iraqi Trade Bank and exchange companies, all of which are on the official website of the Commission. Any pilgrim to the Holy Land can access the official website of the Commission through social networking sites or on the official website of the Commission in order to know where to sell dollars at the official rate for for pilgrims of Baghdad and the provinces.”

(Correct me if I am wrong, but I thought Iraq de-dollarized. So why are they exchanging foreign currency to dollars to the pilgrims in Iraq for use for their visit? Why not dinar? Does this seem weird to you? What is the CBI strategy behind this move?)

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

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