Wednesday, May 9, 2018


Abadi: The corrupt have become restless

Information / Baghdad .. Prime Minister Haidar al-Abadi said on Tuesday that the corrupt in Iraq have become restless by the measures taken by the government, pointing to his quest for a new renaissance in Iraq.

Abadi said in a speech during an election festival in the province of Wasit and followed by “information”, “The corrupt in Iraq are getting mad with every action by the government,” noting that “the corrupt failed in the face of government action.”
He added that “the corrupt were pressing for the collapse of the dinar prices and work to raise prices, but failed to do so,” asserting his quest for “a new renaissance of Iraq to restore its past and even better.”

Abadi stressed that “the government reduced the privileges of all officials during the last stage,” pointing out that “hit the corrupt and the hands with an iron fist.”

Article Credit: Almaalomah.com (Special Thanks to Vernell Washington)

BGG ~ I have to think – with the context of his commentary in this article focused on the value of the Dinar, Abadi has something planned for after the elections. I’m not exactly sure what he’s talking about here… but it sounds good!!


Who are the corrupt in Iraq?

Maliki, when threatening his political opponents with files of corruption, does not disclose his (own) personal corruption.

By: Farouk Yousef

As the legislative elections in Iraq approach, the condemnation of corruption and corruption has escalated to the point that we recognize that Iraq is the only country in the world where the opinion of the people and politicians is in line with the call to fight corruption exceptionally.

Everyone there stands against corruption. The poor and the rich. Outcasts and Privileges. Servants and gentlemen. Secularists and Baptists. Public and private. Intellectuals and secondhand clothing vendors. Opponents and beneficiaries of the spoils of the system of sectarian quotas. Former murderers and new killers. Imams of mosques and militia leaders who committed the most heinous crimes.

At every moment, the Iraqis seem to be coming out in a demonstration against corruption these days. They have nothing to do except to attack corruption. Which in turn suggests a typical awakening after the night of long religious parties.

Corruption has destroyed the lives of Iraqis. That’s true. Corruption humiliated them and defeated them and deviated by their morals, they became either robbers or thieves. Corruption has destroyed their values, their customs and the realities of their lives, and stolen the most beautiful of what they have – social solidarity and tolerance in looking at the different one.

Corruption has deprived them of education, health, and infrastructure services and has destroyed their ability to see the facts as they are. Neither their religion nor their world is fresh.

All this is true, but corruption is not an abstract or intellectual phenomenon.

Here is a legal question: “Who are the corrupt?” No corruption of non-corrupt…

Read More: http://www.dinarupdates.com/showthread.php?56775-Who-are-the-corrupt-in-Iraq&p=181774#post181774

Central_Bank_of_Iraq_Logo Central Bank of Iraq Auctions $146,004,033 on 08 May 2018

Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on May 8 registered $146,004,033 in sales, a 45.59% volume increase from the US $100,281,900 sold by Iraqi Dinar, credit and transfer at the previous auction held on May 7.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on May 8 compared to the previous auction.

Data for the May 8 auction was made public by CBI Announcement Number 3694.

Dollar sales in the in the period January 1, 2018 to May 8, 2018 saw an increase of -1% compared to the sales of US $12.38 billion in the same period in 2017. The total amount of US currency sold by CBI in the calendar year 2017 was US $15.7 billion.

An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to February 2018, sales of US dollars averaged US $1.89 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.   ​

BGG ~ We will continue to highlight the regular auctions.

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