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RickLibby:  Just for general information, the UN operational rate is not a bearing on the value of a country’s currency. it basically is what the UN uses to figure the dues a country is assessed by. https://treasury.un.org/opperationalrates/default.ph10.

Irak has been assessed at 1170 since 1 March 2010 at 4 pip in value lower than Shabibi set it at on Jan ,17 2012[1166].

Dr S was having trouble with the street rate or vendors charging too much and hurting the general public at this time. the UN in its business of having the GOI do what was necessary had not up dated the operational rate [which helped Irak in finances /less dues] since 3/1 /2010.

it appears the UN is either satisfied with Irak’s actions in handling the sanctions [ completing the steps appointed in their reviews] or is preparing for something they are privileged to know .[that we are studying]

in essence the UN only has power over sanctions but not over the monetary value of a nations currency beyond recommendations . just thinking out loud. Rick


Moneytalks1:  Sunday, November 29, 2015 16:21

Parliamentary Economy: Cabinet approved the budget amendments and voting upon the first parliamentary sessions

BAGHDAD / Baghdadi News / .. The Commission on economy and investment representative, on Sunday, the Cabinet approved the amendments that were sent to him about the law going forward, and will be voted on first parliamentary sessions.

Said committee member Najiba Najib in an interview with / Baghdadi News /, he said that “after Parliament sent the budget bill to the Council of Ministers in order to make some adjustments on the day (11/23/2015), has Cabinet approval of the amendments, a day after being sent by the Parliament any date (11/24/2015). ”

She said Najib, “Everyone knows that Parliament now an official holiday for the performance of decrees forties visit, and will meet on (06.12.2015), and during the first sessions will be discussed and drafted by the Finance Committee and then be presented to the House of Representatives for a vote.”

Referred to the House of Representatives found some notes on the 2016 budget that law, for next year, prompting him to return to the Council of Ministers for ratification and modified, so that later it voted on by Parliament .anthy 21 / l

http://www.albaghdadianews.com/economy/ … kYO-AkNeEA