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KTFA
Clare » December 2nd, 2024
The Iraqi Parliament begins voting on the “Personal Status” law. Learn about its content (documents)
12/2/2024
The Iraqi Parliament began voting on Monday on a draft amendment to the Personal Status Law, after months of political, popular and legal debate over the paragraphs to be amended.
Earlier today, the House of Representatives held a regular session with an agenda that included voting on personal status laws, general amnesty, and returning properties to their owners, which are still a subject of political controversy.
Shafaq News Agency publishes below the draft amendments to the law LINK
Al-Alaq to {Sabah}: Our critical position is very excellent
12/2/2024 Cairo: Israa Khalifa
Thanks to the well-studied and wise financial policies of Prime Minister Mohammed Shia al-Sudani’s government, the country’s monetary position has become very excellent, as described by the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, in a special interview with “Al-Sabah”.
This position came to reassure citizens and confirm that there are no real fears of any economic crises occurring here or there. Al-Alaq said in a special interview with “Al-Sabah”: “The monetary position in Iraq is (very excellent) at the present time in terms of controlling inflation and the high adequacy of foreign reserves, which enables the Central Bank to remain stable, defend the exchange rate, and achieve monetary stability, despite the circumstances surrounding the country and the region.”
He explained that “the reserve covers our needs, and this is what distinguishes the Central Bank of Iraq compared to other central banks in the region,” noting that “the Central Bank adopts an unconventional monetary policy that is not based only on achieving monetary stability.”
Al-Alaq announced the Central Bank’s success in implementing the transition plan for “foreign transfers, in line with international practices and standards, and that it is currently taking place smoothly and transparently – especially covering imports at the official exchange rate – which leads to general stability in prices.”
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Regarding the (Riyada) Bank, the Governor of the Central Bank said: “The (Riyada) Bank will be contributed by Iraqi banks and supported by the Central Bank itself in order to diversify the production base, reduce unemployment levels, and provide basic pillars for sustainable development with the support of specialized international organizations.” LINK
Source: Dinar Recaps
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