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Iraqi Central Bank
The Central Bank of Iraq (CBI) ( ar, البنك المركزي العراقي) is the central bank of Iraq. It was established in 1947, the same year in which the British occupation of Iraq was ended. CBI's primary objectives are to ensure domestic price stability and foster a stable competitive market based financial system. History After World War I and the dissolution of the Ottoman Empire, Iraq's monetary system was administered by the British Mandate of Mesopotamia until 1931, when the Iraq Currency Board was established in London to issue the new Iraqi dinar and maintain its reserves. The Iraq Currency Board pursued a "conservative monetary policy, maintaining very high reserves behind the dinar", which was "further strengthened by its link to the British pound". In 1949, the currency board was replaced by the National Bank of Iraq, which had been founded two years before on 16 November 1947. The National Bank of Iraq became the Central Bank of Iraq in 1956. Since switchi ...
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State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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United States Department Of The Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The depart ...
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Islamic State
An Islamic state is a State (polity), state that has a form of government based on sharia, Islamic law (sharia). As a term, it has been used to describe various historical Polity, polities and theories of governance in the Islamic world. As a translation of the Arabic term ''dawlah islāmiyyah'' ( ar, دولة إسلامية) it refers to a modern notion associated with political Islam (Islamism). Notable examples of historical Islamic states include the State of Medina, established by the Islamic prophet Muhammad, and the Arab Caliphate which continued under his successors and the Umayyad Caliphate, Umayyads. The concept of the modern Islamic state has been articulated and promoted by ideologues such as Rashid Rida, Sayyid Rashid Rida, Mullah Omar, Mohammed Omar, Abul A'la Maududi, Ayatollah Ruhollah Khomeini, Israr Ahmed, Sayyid Qutb and Hassan al-Banna. Implementation of Islamic law plays an important role in modern theories of the Islamic state, as it did in classical Islami ...
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Battle Of Mosul (2014)
The Fall of Mosul occurred between 410 June 2014, when Islamic State insurgents, initially led by Abu Abdulrahman al-Bilawi, captured Mosul from the Iraqi Army, led by Lieutenant General Mahdi Al-Gharrawi. On 4 June, the insurgents began their efforts to capture Mosul. The Iraqi army officially had 30,000 soldiers and another 30,000 federal police stationed in the city, facing a 1,500-member attacking force. The Iraqi forces' actual numbers were much lower due to ghost soldiers, severely reducing combat ability. After six days of combat and massive desertions, Iraqi soldiers received orders to retreat. The city of Mosul, including Mosul International Airport and the helicopters located there, all fell under ISIL's control. An estimated 500,000 civilians fled from the city. A former commander of the Iraqi ground forces, Ali Ghaidan, accused former Prime Minister Nuri al-Maliki of being the one who issued the order to withdraw from the city of Mosul. Mosul remained under ISIL c ...
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Commission Of Integrity (Iraq)
The Iraqi Commission of Integrity ( ar, هيئة النزاهة; CoI), formerly known as the Commission on Public Integrity (CPI), is an independent commission within the government of Iraq tasked with preventing and investigating corruption at all levels of the Iraqi government nationwide. It is the coordinating umbrella organization for the other two pillars (The Board of Supreme Audit and the Inspectors General) of the national strategic anti-corruption campaign. The CoI seeks to promote and advance open, honest and accountable government through public education and awareness programs allowing citizens to report corruption through anonymous means. CoI works closely with the Inspectors General (IGs) of each Ministry and with the Board of Supreme Audit (BSA) to coordinate anti-corruption efforts. The CoI is also working with Ministry of Education officials to implement curricular materials in ethics and civics in public schools. Dr. Salah Noori Khalafis the current Commissioner. ...
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Abdel Basset Turki
Abdel Basset Turki al-Hadithi was Minister of Human Rights in the cabinet appointed by the Iraq Interim Governing Council in September 2003. He resigned in April 2004 in protest at the deaths of over 600 Iraqis during the siege of Falluja. In November 2003 Turki demanded access to the captured " Most-wanted Iraqi playing cards", saying they were not all prisoners of war. He condemned human rights violations by US and allied troops in the Combined Joint Task Force 7. He called for victims to be paid compensation. After the emergence of the Abu Ghraib torture and prisoner abuse scandal in May 2004, Turki stated that he had complained to Paul Bremer, the US head of the Coalition Provisional Authority in November 2003 of human rights violations in Iraqi jails but had "received no answer". Abdel Basit Turki al-Sae'ed was Iraq's acting central bank governor from October 2012 until October 2014, during that period he was simultaneously the head of the country's Supreme Audit Board. ...
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Sinan Al Shabibi
Sinan Al-Shabibi ( ar, سنان الشبيبي; 1 July 1941 – 8 January 2022) was an Iraqi economist who served as the governor of the Central Bank of Iraq from September 2003 to October 2012. Early life and education Born in Baghdad on 1 July 1941 and son of the prominent Iraqi figure Mohammed Ridha Al-Shabibi, Dr. Al-Shabibi held a BSc in Economics from Baghdad University (1966), a Diploma in Advanced Studies in Economic Development, an MA in Economics from the University of Manchester (1970, 1971), and a PhD in Economics from the University of Bristol (1975). Early career From April 1977 to December 1980, Sinan Al-Shabibi was the Chief of plan Preparation and Co-ordination Division at the Iraqi Ministry of Planning, and from May 1975 to March 1977 he worked as the Head of Imports and Marketing Section at the Iraqi ministry of oil. Immediately after the start of the Iran–Iraq War, he moved to Geneva in Switzerland where he spent from December 1980 to October 2001 work ...
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Council Of Ministers Of Iraq
The Council of Ministers is the executive branch of the government of Iraq. The Council of Representatives of Iraq elects a President of the Republic who appoints the Prime Minister who in turn appoints the Council of Ministers, all of whom must be approved by the Assembly. Members See also *List of cabinets * Politics of Iraq *Political minister A minister is a politician who heads a ministry, making and implementing decisions on policies in conjunction with the other ministers. In some jurisdictions the head of government is also a minister and is designated the ‘prime minister’, ... * Iraq References External links * {{Asia topic, Cabinet of , title=National cabinets of Asia Politics of Iraq Government of Iraq Iraq ...
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Supreme Court Of Iraq
The Federal Supreme Court of Iraq ( ar, المحكمة الاتحادية العليا, ''Al-Mahkamah al-Ittihādiyah al-‘Ulyā'') is the independent judicial body of Iraq that interprets the constitution and determines the constitutionality of laws and regulations. It acts as a final court of appeals, settles disputes among or between the federal government and the regions and governorates, municipalities, and local administrations, and settles accusations directed against the President, the Prime Minister and the Ministers. It also ratifies the final results of the general elections for the Council of Representatives. Constitution of Iraq, Section 3, Chapter 3, Article 90 History In February 2013, the De-Ba'athification Commission decided to remove Chief Justice Medhat al-Mahmoud. Al-Mahmoud then filed a successful appeal to the cassation panel, which on 19 February 2013 failed to find any strong evidence of ties to Saddam Hussein and rejected al-Mahmoud's dismissal. Refere ...
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Federal Government Of Iraq
The federal government of Iraq is defined under the current Constitution, approved in 2005, as an Islamic, democratic, federal parliamentary republic. The federal government is composed of the executive, legislative, and judicial branches, as well as numerous independent commissions. Federalism in Iraq Federalism law Article 114 of the Constitution of Iraq provided that no new region may be created before the Iraqi National Assembly has passed a law that provides the procedures for forming the regionA lawwas passed in October 2006 after an agreement was reached with the Iraqi Accord Front to form the constitutional review committee and to defer implementation of the law for 18 months. Legislators from the Iraqi Accord Front, Sadrist Movement and Islamic Virtue Party all opposed the bill. Creating a new region Under the Federalism Law a region can be created out of one or more existing governorates or two or more existing regions. A governorate can also join an existing region t ...
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Council Of Representatives Of Iraq
The Council of Representatives ( ar, مجلس النواب, Majlis an-Nuwwāb al-ʿIrāqiyy; ku, ئه‌نجومه‌نی نوێنه‌ران, ''Enjumen-e Nûnerên''), usually referred to simply as the Parliament is the unicameral legislature of the Republic of Iraq. As of 2020, it comprises 329 seats and meets in Baghdad inside the Green Zone. History The monarchy An elected Iraqi parliament first formed following the establishment of a Mandatory Iraq, constitutional monarchy in 1925. The 1925 constitution called for a bicameral parliament whose lower house, the Chamber of Deputies of Iraq or Council of Representatives (''Majlis an-Nuwwab'') would be elected based on universal manhood suffrage. The upper house, the Senate of Iraq (''Majlis al-A`yan'') was appointed by the king. Sixteen elections took place between 1925 and the coup of 1958. On January 17, 1953 1953 Iraqi parliamentary election, elections for the Chamber of Deputies (also known as the National Assembly) took p ...
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Constitution Of Iraq
The Constitution of the Republic of Iraq ( ar, دستور جمهورية العراق Kurdish: دەستووری عێراق) is the fundamental law of Iraq. The first constitution came into force in 1925. The current constitution was adopted on September 18, 2005 by the Transitional National Assembly of Iraq, and confirmed by constitutional referendum, held on October 15, 2005. It was published on December 28, 2005 in the '' Official Gazette of Iraq'' (No. 4012), in Arabic original, and thus came into force. Official translation for international use (in English language) was produced in cooperation between Iraqi state authorities and the United Nations' Office for Constitutional Support. Since 2006, several proposals for adoption of various constitutional amendments were initiated. The Kurdish language is official at state level. History Iraq's first constitution, which established a constitutional monarchy, entered into force under the auspices of a British military occupation i ...
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