Parliamentary Finance Committee hosts the Governor of the Bank regarding real estate and commissions
Parliamentary Finance Committee hosts the Governor of the Bank regarding real estate and commissions
2025-02-16 03:42
Shafaq News/ Member of the Parliamentary Finance Committee, Mustafa Sand, revealed on Sunday that the committee decided to host the governor of the Central Bank against the backdrop of recent decisions, while indicating that the date has not been set yet.
Sand told Shafaq News Agency, “The Parliamentary Finance Committee decided to host the Governor of the Central Bank, Ali Al-Alaq, against the backdrop of the decisions and letters issued by the bank recently.”
He added, “The hosting will discuss many issues, most notably the decision regarding real estate and setting the minimum price at 100 million dinars and through banks, and the other issue is raising the commission for electronic cards from trading and withdrawing employees’ salaries.”
He added, “The date for hosting the Governor of the Central Bank has not been determined yet, and there will be a meeting of the Finance Committee, and in light of that, the date for hosting will be determined in the coming days.”
The Central Bank of Iraq issued a new decision to reduce the minimum value of real estate sales, as the new value was set at 100 million Iraqi dinars, after it was 500 million dinars.
Under the new instructions, according to an official letter addressed to the Real Estate Registration Department (on January 15), the sale of these properties will be done through licensed Iraqi banks only, and that this procedure comes within the due diligence controls for combating money laundering and terrorist financing specific to the Real Estate Registration Departments.
The Central Bank also decided to raise the commission for withdrawals from electronic cards, to 2,000 dinars for every million dinars, after it was 1,000 dinars, and this includes the salaries of employees and retirees.
MPs had previously requested hosting the Governor of the Central Bank, Ali Al-Alaq, to review several measures taken by him during the past period.
shafaq.com
