As a result of Chapter VII exit expect direct impact on dinar exchange rate, says Iraq Ministry of Planning

Posted by on Oct 26, 2013 | Leave a Comment

Planning expects the dinar improved
June 30, 2013

Minister of planning and development cooperation Minister of finance Youssef El shukrijumah agency should exit Iraq from Chapter VII will be reflected positively on the economy in the country.

He moved to the Iraqi national lllanbaa agency/Nina/”exit Iraq from Chapter VII will have a clear impact on economic growth and the exchange rate of the Iraqi dinar against other currencies.El shukrijumah said: “Iraq will be a positive and good after coming out of Chapter VII, which provides for Iraq to move on.

The UN Security Council on Thursday voted unanimously to exit Iraq from Chapter VII to chapter VI of the Charter of the United Nations.

The decision came after Secretary General Ban Ki-moon to eject Iraq from Chapter VII of its commitment to the implementation of United Nations resolutions on the question of Kuwait.

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