Free Republic

WASHINGTON, Aug. 29, 2007 – Officials in Iraq's Kirkuk province are stepping up to invest more Iraqi money for funding reconstruction projects designed to provide a better future for residents, a U.S. State Department official said today. “We work very closely with the local government on their budget execution, and this is the spending of Iraqi dinars, not U.S. dollars, supporting projects all over the province,” Howard Keegan, the leader for the provincial reconstruction team in Kirkuk province, told Internet reporters and “bloggers” during a conference call from Iraq. In addition, the governor of Kirkuk province “is reviewing every project...

TAJI, Iraq, Sept. 9, 2005 — Iraqi soldiers serving at Taji military base collected 1,000,000 Iraqi dinars for victims of Hurricane Katrina. Iraqi Col. Abbas Fadhil, Iraqi base commander, presented the money to U.S. Col. Paul D. Linkenhoker, Taji Coalition base commander, at a Sept. 5 staff meeting. “We are all brothers,” said Abbas. “When one suffers tragedy, we all suffer their pain.” The amount of money is small in American dollars - roughly $680 - but it represents a huge act of compassion from Iraqi soldiers to their American counterparts, said U.S. Army Maj. Michael Goyne. “I was overwhelmed...

New Iraqi Dinar (NID) Presidential Order 13303 allows US Citizens to invest in the New Iraq. Under this Order and the Coalition Provisional Government Order 39, a US citizen has the same rights to investments as an Iraqi citizen IRAQ (PRWEB) March 2, 2004 -- Investment in the new Iraq is guaranteed under the Presidential Order 13303 removing sanctions on investment in Iraq. The new order allows for a restructuring of the banking system in Iraq. US citizens are allowed to invest in Currency, Stocks, Bonds, Real Estate and Business in Iraq. Iraq has a new currency to replace...

Lebanese Authorities Seize Iraq Currency Saturday January 17, 2004 3:46 AM BEIRUT, Lebanon (AP) - Lebanese authorities have confiscated billions of new Iraqi dinars from aboard a private plane that came from Baghdad. Officials said that 19.5 billion dinars, worth about $15 million, were confiscated aboard the Lebanese-owned Magic Carpet plane late Wednesday. The officials said Thursday that the notes might have been brought to Lebanon to try to trade at money exchange companies. Lebanon's Financial Prosecutor's office detained three Lebanese businessmen who were aboard the plane for questioning. The confiscation of the new money came as Iraq's old bank...

<p>Central bank employees in Baghdad process the now-defunct currency. Saddam Hussein first appeared on it in the 1980s.</p> <p>Baghdad -- One of the last visible vestiges of Saddam Hussein vanished from the streets of Iraq on Thursday, as the money that bore his image became officially obsolete.</p>