Monday, March 17, 2025

TIDBIT FROM CLARE, 18 MARCH

 Clare  

 Article Quote: "The Governor of the Central Bank, Ali Al-Alaq, said...there is frequent confusion between the position of the Central Bank, which is a completely different situation from the financial situation related to the financial policy in the country or the Ministry of Finance, indicating that

 the Ministry of Finance's revenues are based in dollars through Iraqi oil sales in the global market. Al-Alaq stressed that the Central Bank deals in Iraqi dinars for all amounts it receives in dollars, and this is very available under any circumstances,

 calling for distinction and separation between the financial situation at the level of the government and the Ministry of Finance, and the availability of cash at the Central Bank of Iraq."

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