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  • Wolverine's Avatar
    Today, 05:22 PM
    407 replies | 15399 view(s)
  • BatmaninIraq's Avatar
    Today, 10:50 AM
    Financial expert for / Nina:: Deleting zeros from the currency is a correct measure .. But not at the present time | 13/10/2018 10:19 BAGHDAD / Nina / Financial expert Safwan Qusay Abdul Halim said on Saturday that the current economic situation does not allow the implementation of the project to delete zeros from the currency due to the unstable conditions in the Middle East and the possibility of illegal local currencies looking for a way to enter the banking system the local . "The Central Bank of Iraq is trying to restore confidence in the Iraqi currency and the introduction of the international currency market and facilitate the task of calculations by deleting zeros, stressing that the current economic situation is not allowed because of the unstable conditions in the East Middle East and the possibility of illegal domestic currencies looking for a way to enter the local banking system. " He pointed out that "the project can create confusion in the monetary policy and the value of the Iraqi dinar, so the procedure to delete zeros is a correct procedure, but the current government to choose the appropriate time to replace the currency and transparent and subject to the highest degrees of control The governor of the Central Bank Ali Al-Allaq announced earlier The existence of a plan to delete the zeros from the local currency, pointing out that "this plan needs to take deliberate steps, so as not to be exploited in the work of forgery. " Alalak said in a press statement that "currencies with small categories, may lead the citizen to bid farewell to banks for difficulty to store ". " I have Alp As central a future plan for the restructuring of the Iraqi currency, including the deletion of zeros, but this plan needs to deliberate steps, and a stable situation about the whole so as not being exploited in acts of fraud and other ".
    162 replies | 26382 view(s)
  • Investors Iraq News's Avatar
    Today, 04:00 AM
    The number of tourists visiting the Kurdistan Region this year reached a record high, according to Mr. Mawlawi Jabar, Chairman of the General Board of Tourism. In an interview with the Kurdistan Regional Government website, Mr. Jabar noted: “In the first six months of 2018, 1.3 million tourists visited the Kurdistan Region, mostly from central and southern Iraq. During the 11-day Eid al-Adha holiday, there were 349,000 tourists, spending 140 billion dinars in the Region. “In the first four months of 2018 there was a good influx of Iranian tourists visiting the Region. After the Iranian authorities imposed taxes on its citizens for traveling abroad, however, the number significantly decreased. Though smaller in numbers, tourists from other countries are also preferring to visit the Region.” While neighboring countries offer lower costs to Iraqi tourists, the ratio of Iraqi tourists visiting the Kurdistan Region continues to rise. Mr. Jabar added: “A comprehensive tourism development strategy has been in place since 2014, but the ISIS war and financial crises restricted implementation of strategic plans. Since 2016, however, implementation has been gradually reactivated. For example, loans have been extended to small and medium tourism projects. “The Board of Tourism has a special department for invigorating protection of the environment. To raise awareness, we are working to protect the environment through the media, publications and other awareness tools.” Regarding private sector’s role in developing tourism, he said, “Part of the strategic plan is to support the essential role of the private sector. He said Kurdistan’s tourism companies have good relations with companies abroad and play an important role in attracting tourists.” He said, “Tourism investment has rapidly grown in the Kurdistan Region and its effectiveness is illustrated by the rising number of visitors and revenue.” (Source: KRG) Source: Post your commentary below.
    0 replies | 28 view(s)
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