Put the name of the governor on the currency .. Legal calls to prevent circulation and expert considers it a "serious mistake"

Monday, October 8,



Alsumaria News / Baghdad
Putting the name of the bank's governor on the new currency has raised many questions and amazement about the significance behind it.

At the time considered by some officials as a step not returned by Iraq and in violation of the law of the Central Bank demanded an economist to counter the currency and prevent circulation.

A member of the parliamentary legal committee Saeb Khader told Alsumaria News, "The Legal Committee will work in the next few days to discuss the issue of the existence of the name of the Governor of the Central Bank on the currency of cash that has been printed recently."


Khaddar added that "putting the name of the governor of the Central Bank on the monetary currency is something we did not have previously," adding that "in case there was a violation of the laws in force will work on the Committee to develop treatments for this matter and presented to the House of Representatives to take the necessary measures and legislation."

For his part, called for a coalition of state law, Abdul Salam al-Maliki, the presidency of the House of Representatives to "drawer this subject on the agenda of the next Council for discussion and hosting the Governor of the Central Bank to know the motives behind this measure," stressing that "the official currency and within the law of the Central Bank in force does not give to the Governor The right to put his name, but only put the word governor and under the signature.

On the other hand, a member of the legal representative MP Sheikh Ali Sheikh Ali told the House of Representatives "to issue a resolution to prevent trading and deal with the Iraqi currency printed recently containing the name of the Governor of the Central Bank of Iraq, rather than just sign only."

Economic expert Louay Khatib stressed in a blog post on the social networking site Facebook to withdraw and destroy this new version of the currency and correct this error, "calling for" to be the signature of the Iraqi currency by the Minister of Finance by the title without mentioning the name. "

"The dollar, for example, is signed with the Treasury Secretary and Treasurer's address without mentioning the names, as is the case for the Sterling Sterling signed by the Chief Cashier with the title without mentioning the name." He called on all Iraqi people to "participate in this corrective action to be Beginning of the reform process in all aspects of government work and its contexts. "

On Sunday, the Central Bank issued its second edition of banknotes for the categories (25,000, 10,000, 1,000, 500 and 250) dinars. He pointed out that the new currency included the writing of the name of the governor instead of signing it in the old version, in line with what is now practiced in Other countries, as amended dates AH and Gregorian dates (1440 H-2018).


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Economist criticizes the status of the governor of the bank on the Iraqi currency and an unprecedented step

Release Date: 2018/10/7 21:52

(Baghdad: Al-Furat News) criticized an economist, put the name of the Governor of the Central Bank on the new Iraqi currency.

"The process of changing the Iraqi currency has only changed the fees and put the name of the governor of the central bank triangular on the currency," Bassem Jameel Antoine told the {Euphrates News} today, "noting that" the governor of the Central Bank only is usually put in currency. "

He added that "the central bank has a special law and has the right to issue currency and sign only," pointing out that "I did not find a governor of the bank, neither in Iraq nor in the countries of the world puts his triple name on the cash currency!"

The Central Bank of Iraq issued its second edition of the banknotes of the categories {25000, 10000, 1000, 500, 250} dinars, indicating that the variables on the above categories were as follows, for the categories {25000, 10000, 500, 250} The name of the governor instead of signing it in the old version, in line with what is now followed in other countries, and the dates were amended Hijri and Gregorian to the dates {1440 e - 2018 m}.

On the problem of industry in Iraq, Antoine explained that "the problem of industry is one of the most complex problems because of lack of understanding and the real will to support this sector, although it absorbs a lot of employment and creates the spirit of citizenship."

He added that "the volume of funds of Iraqi investors in Jordan amounted to 15 billion dinars, while Iraq needs these funds to stimulate all sectors, including industry."

He pointed out that "the life of the industrial sector needs a package of reforms," ​​hoping "the new government program activating the industrial, agricultural and tourism sectors and dispensing with the importation through the operation of factories and laboratories in the country."


http://alforatnews.com/modules/news/article.php?storytopic=37&storyid=176874

[ltr]An economist calls for the destruction of the new currency and correcting its grave error[/ltr]

[ltr]Release date: 2018/10/7 22:14 [/ltr]
[ltr]
{Baghdad: Al-Furat News} Economic expert Louay Khatib called for the destruction of the new currency and correcting its grave error.

"The Central Bank of Iraq issued a statement on the new version of the Iraqi currency signed the name of Acting Governor Ali Mohsen Ismail in a dangerous precedent and a violation of all contexts universally recognized and Iraqi, except dictatorships," Khatib said on the site of social access (FIBSOC) today.

"The dollar, for example, is signed by the secretary of the treasury and the treasurer without mentioning the names, as is the case for the sterling pound signed by the treasurer, Chief Cashier, without the name."

Khatib said, "So as an Iraqi citizen, I request that the signature of the Iraqi currency by the Minister of Finance by the title without mentioning the name, and the withdrawal and destruction of this new version and correct this grave error."

He called on all Iraqi people "to participate in this corrective action to be the beginning of the reform process in all aspects of government work and its contexts."

The Central Bank of Iraq issued its second edition of the banknotes of the categories {25000, 10000, 1000, 500, 250} dinars, indicating that the variables on the above categories were as follows, for the categories {25000, 10000, 500, 250} The name of the governor instead of signing it in the old version, in line with what is now practiced in other countries, and the dates Hijri and Gregorian dates were amended to {1440 - 2018 AD}.




http://alforatnews.com/modules/news/article.php?storytopic=37&storyid=176876
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[ltr]Parliament is considering a request to stop trading the new currency[/ltr]

[ltr]Date of release: 2018/10/8 10:25
[/ltr]


[ltr]
(Baghdad: al-Furat News) The head of the Tamdun coalition, Sheikh Ali Ali, on Monday, called on the House of Representatives to issue a decision to stop trading and deal with the new currency.


Sheikh Ali said in a blog post on his own Twitter account, "I wrote on our website that the members of the House of Representatives and called on the Council to issue a decision to stop trading and deal with the new currency."

Sheikh Ali added that his request was accepted by the majority of deputies, as he put it.

He described the economic expert, yesterday, the existence of the name and signature of the Governor of the Central Bank Acting Ali Mohsen Ismail on the new Iraqi currency, as "a dangerous precedent and a violation of all contexts universally recognized and Iraq, except dictatorships."

The expert asked Luay Khatib in his post that the signature of the Iraqi currency by the Minister of Finance by the title without mentioning the name, and the withdrawal and destruction of this new version and correct this grave error.

The Central Bank of Iraq recently issued its second edition of the banknotes of the categories {25000, 10000, 1000, 500, 250} dinars, indicating that the variables on the above categories were as follows, for the categories {25000, 10000, 500, 250} To write the name of the governor instead of signing it in the old version, in line with what is now practiced in other countries, and the dates were amended Hijri and Gregorian dates (1440 e - 2018).




http://alforatnews.com/modules/news/article.php?storytopic=37&storyid=176902
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Monday 8 October 2018 12:08 pm

Al-Fatlawi: The Governor of the Central Bank is illegitimate and it is not permissible to place his name on the currency

BAGHDAD / Former MP Hanan al-Fatlawi on Monday suspended what the governor of the central bank Ali al-Alaq put his name on the currency, saying that the relationship is the governor of the agency and illegal.

"Putting your triple name on the currency will not leave you," she said in a tweet on Twitter and followed by "Iraq News". "What is your job?" She asked, "Have you considered where he put his name on every wall, every building, every stone?"

"The former did not get to put the governor of the Central Bank of Iraq named on the currency note that he is the governor of the agency (illegal) and not voted by the House of Representatives."

The governor of the Central Bank, Ali al-Alaq, put his name and signature on the new currency issued by the bank during the past week


http://aynaliraqnews.com/index.php?aa=news&id22=106261