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Tag: Majda Al Tamimi

Finance Committee announced total Iraqi Debts and Foreign Loans

Finance Committee announced total Iraqi Debts and Foreign Loans

The Finance Committee has announced in the House of Representatives that Iraq has to pay at least 20 billion U.S dollars as the external debt owed by the country. The head of the Finance Committee, Haitham Al-Jubouri issued a press statement and said the foreign debts still on Iraq are 27 billion U.S dollars. He added that 41 billion U.S dollars for Saudi Arabia are not recognized because they were debts given to the former Iraqi regime leader during the…

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Banks Fake the Reason Behind High Dollar Rates: Tamimi

Banks Fake the Reason Behind High Dollar Rates: Tamimi

On Tuesday, the parliamentary finance committee member Majda Al Tamimi said that there are a number of fake banks that are responsible for the declining prices of Iraqi dinar exchange rate against the U.S dollar. The ministries asked to cooperate in analyzing the market need for imported goods. It is also said that there are some fake banks that are operating on the U.S dollar price and they are responsible for the difference between Iraqi Central Bank and Iraqi domestic…

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CBI’s New Law Amendment to Resolve Dollar Crisis

CBI’s New Law Amendment to Resolve Dollar Crisis

On Monday, a member of the Iraqi Parliamentary Finance Committee Majda Al Tamimi announced that the rising problem in the U.S dollar would be resolved after the modification in the Law by the Iraqi Central Bank. She issued this statement in an interview with Qurtas news agency that the recent crisis is related to the Iraqi local market due to the unexpected rise in the U.S dollar exchange rate against the Iraqi dinar. This situation cannot be controlled without modification…

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