The latest news from the frontlines in Iraq

January 2011Monthly Archives

Iraq Banking News

In recent developments, the Central Bank of Iraq (CBI) has called for clarification regarding the Iraq Federal Supreme Court ruling. The courts ruling was to place the CBI under the control of the Council of Ministries and under the direct control of Prime Minister Maliki. This all began when Maliki asked the courts for guidance in November 2010, just before he was appointed the new Prime Minister. Now, the CBI is asking for clarification of the ruling and it is unknown whether the Iraq Federal Supreme Court will issue one or not.

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