Iraq issues new banknotes with innovative security features for the visually impaired.. Photos
The Central Bank of Iraq has unveiled the security marks of the circulating banknotes, with the aim of educating the public, as well as companies and commercial banks that deal with these banknotes on a daily basis.
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The Central Bank reviewed these improved security features, through a technical bulletin, which was received by Shafak News Agency, indicating the introduction of prominent features on the new banknotes to enable the visually impaired to identify the banknote denominations by touch.
In the context of awareness, the bank indicated that the public will have enough time to adapt to the new banknotes, stressing the importance of sharing this information with those around them.
The Central Bank of Iraq confirmed that the new banknotes will be circulated alongside the old ones, and there will be no intention to withdraw the old banknotes from circulation.
The bank explained that its main objectives are to maintain the stability of domestic prices and ensure a financial system based on a stable competitive market, and it also aims to promote sustainable growth, job opportunities, and prosperity in Iraq.
The Central Bank of Iraq reviewed the distinction of Iraqi banknotes, which are among the most complex security features, and are manufactured from the best types of paper used in printing banknotes to ensure quality and security.
Iraq issues new banknotes with innovative security features for the visually impaired.. Photos part 2
The bank stressed that any attempt to manufacture, possess or pass counterfeit banknotes is a criminal act punishable by law, calling for any counterfeit banknotes to be handed over to the police and the Central Bank of Iraq.
The headquarters of the Central Bank of Iraq is located in the center of the capital, Baghdad, and it has three branches in the cities of Basra, Mosul, and Erbil within the Kurdistan Region.
To complete the legal quorum, Al-Mandlawi discusses the withdrawn MPs’ return to the parliament session
A parliamentary source reported on Sunday that the First Deputy Speaker of Parliament left the session hall to convince the MPs who withdrew in protest against the budget law to return to the session.
The source told Shafaq News Agency, "The First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, left the session hall and held consultative meetings with the MPs who withdrew in protest against the budget law and other laws."
He added that "Al-Mandlawi held a consultative session with the representatives in the council cafeteria, in an attempt to reverse their decision and return to the council hall to complete the vote on the budget law and other laws on the session's agenda."
Shafaq News Agency correspondent revealed earlier today that the session held to vote on the Intelligence Service Law and the Federal Budget witnessed the breaking of the legal quorum, as the representatives left the session hall.
He added that the MPs' exit came after voting on the paragraphs of the Intelligence Service Law, and reaching a vote on the budget law.
Parliamentary Finance Committee votes on the proposal to amend Paragraph 12 of the Budget Law
The Parliamentary Finance Committee held a new meeting today, Sunday, to discuss the final text of Article 12 of the draft amendment to the General Budget Law for the Tripartite Year 2023-2024-2025 No. 13 of 2023, which is listed for voting on the agenda of the House of Representatives session scheduled to be held today.
The head of the committee, Representative Atwan Al-Atwani, said in a briefing to journalists today, Sunday, that "the Finance Committee, after a series of continuous meetings to discuss amending Article 12, Second C of the Budget Law related to the Kurdistan Region's oil, has reached the final stages of completing many information in preparation for voting on the draft amendment in today's session," noting "the necessity for there to be a decision from the Parliamentary Committee to submit the draft law to a final vote."
He added, "There are observations and proposals raised by members of the Finance Committee that will be presented in the House of Representatives session, but they cannot all be added, considering that the project is an amendment and not budget tables," indicating that "the committee's opinion is to proceed with amending the law, but we do not want the items and amendments to be unproductive."
He continued, "The Finance Committee added to the amendment paragraphs a text obligating the parties, whether the Federal Ministry of Finance or the Ministry of Oil and Petroleum Resources in the region, to adhere to the outputs of the consulting company," noting that the consulting company must have a working period that may end in 2025 without achieving results."
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