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September 14, 2023 at 11:24 AM. By Timour Azhari. BAGHDAD (Reuters) - Iraq's central bank must address continued risks of the misuse of dollars at Iraqi commercial banks to avoid new punitive ...
The 14 July Revolution, also known as the 1958 Iraqi military coup, was a coup d'état that took place on 14 July 1958 in Iraq which resulted in the toppling of King Faisal II and the overthrow of the Hashemite -led Kingdom of Iraq. The Iraqi Republic established in its wake ended the Hashemite Arab Federation between Iraq and Jordan that had ...
The Iraqi dinar [a] (code: IQD) [2] is the currency of Iraq. The Iraqi dinar is issued by the Central Bank of Iraq (CBI). On 7 February 2023, the exchange rate with the US Dollar was US$1 = 1300 dinars.
Iraq. The Central Bank of Iraq (CBI; Arabic: البنك المركزي العراقي) is a monetary authority established in 1947, shortly after the end of the British occupation of Iraq. The CBI's primary objectives are to ensure domestic price stability and foster a stable competitive market based financial system.
Between the parliamentary election in October 2021 and October 2022, there was a political crisis in Iraq, with members of the Council of Representatives of Iraq being unable to form a stable coalition government, or elect a new President. [5] Basic government services such as the civil service and military continued functioning, but the ...
Economic reform in Iraq describes decisions by the Coalition Provisional Authority to dramatically change the economy of Iraq in the aftermath of the 2003 U.S.-led invasion. Prior to US occupation, Iraq had a centrally planned economy. Among other things, it prohibited foreign ownership of Iraqi businesses, ran most large industries as state ...
The Reagan administration generally supported Iraq during the Iran–Iraq War, despite Iraq's extensive use of chemical weapons against post-revolutionary Iran.In response to reports of further Iraqi chemical attacks against its Kurdish minority after the end of the war with Iran, in September 1988 United States (U.S.) senators Claiborne Pell and Jesse Helms called for comprehensive economic ...
Until the early 1990s, Iraq's healthcare system was considered one of the most advanced in the Middle East. Following the Gulf War, it began to deteriorate. Prior to the Iraq War, healthcare spending amounted to 50 cents (US) per Iraqi per year. Today, the Iraqi healthcare system has regressed to a chronic and smoldering condition.
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