Iraqi Parliament to vote on remaining ministers today

Prime Minister Adel Abdul Mahdi is yet to complete his cabinet. (AP)
Updated 27 November 2018
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Iraqi Parliament to vote on remaining ministers today

  • Lawmakers last month confirmed only 14 out of the 22 ministers Abdul Mahdi initially presented
  • Eight ministries, including the vital defense and interior portfolios, remain vacant

Cairo, Najaf: Iraq’s Parliament will vote in its next session scheduled on Tuesday on whether to approve the remaining eight candidates for Prime Minister Adel Abdul Mahdi’s Cabinet, the speaker’s office said on Monday.

Lawmakers last month confirmed only 14 out of the 22 ministers Abdul Mahdi initially presented but granted his government confidence, allowing him to become prime minister.

Eight ministries, including the vital defense and interior portfolios, remain vacant. Parliament initially said it would vote on the remaining ministers earlier this month but the vote was delayed due to political disagreements over nominees.

The new government faces the daunting task of rebuilding much of the country after a devastating war against Daesh, as well as solving acute economic problems as well as power and water shortages.

Iranian influence

The head of a powerful Iraqi militia wants a formal role for Shiite paramilitaries in securing the border with Syria, a move that could deepen US worries about Iran’s growing sway over a strategic corridor of territory from Tehran to Beirut.

Iraq’s Shiite militias, many of which are supported by Iran and oppose the presence of US troops in the region, have sent reinforcements to the frontier after fighting flared between US-backed Kurdish forces and Daesh militants on the Syrian side.

Qais Al-Khazali, the leader of Iranian-backed Asaib Ahl Al-Haq, urged the government to provide a more formal, long-term border protection role for the militias.

“Securing Iraq’s borders with Syria is among the most important duties of the Popular Mobilization Forces (PMF) right now,” he said in an interview with Reuters at his office in Najaf on Saturday.

Asaib Ahl Al-Haq is part of the PMF, an umbrella grouping of mostly Iran-backed and trained Shiite paramilitary groups. The PMF was made formally part of the security forces this year after helping the military defeat Daesh in Iraq in 2017.

It remains separate from the military and police, however, raising questions over whom the militias will answer to and what their exact role will be if they are fully integrated into Iraq’s security structure.

Al-Khazali said paramilitary commanders should retain leadership positions and that “the government needs to provide bases and weapons depots.”

The growing presence of Iran-backed militias on the frontier has caused tensions with Washington, which has special forces on the Syrian side to back Kurdish-led fighters battling Daesh.

A formal PMF border role would exacerbate that friction as Washington seeks to counter Iran’s sway over territory stretching from Tehran to the Mediterranean via Iraq and Syria. Iran’s allies in that territory include Iraqi and Lebanese fighters and politicians, and Bashar Assad.

The risks of having Shiite fighters and US forces in close proximity were laid bare in July when the PMF vowed to “not be quiet” over an alleged US airstrike it said killed 22 of its members inside Syria.

The US denied involvement in the strike.

Iraq’s military relied on the PMF support to defeat Daesh. It says the militias are now crucial to securing the sprawling Syrian border.

Iraqi Sunni and Kurdish politicians have called for disarming the PMF. They say the militias are responsible for widespread abuses including extra-judicial killings and displacing non-Shiite populations, and in effect report to Tehran, not the government in Baghdad.

The PMF, estimated at 150,000 members, includes groups which fought the US military after the 2003 invasion that toppled Saddam Hussein, and individuals against whom Washington has imposed Iran-related sanctions.

Members of Congress have sought sanctions against Al-Khazali’s group. Al-Khazali denied it is currently receiving support from Iran.


Syria announces new currency framework, 2-zero redenomination

Updated 29 December 2025
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Syria announces new currency framework, 2-zero redenomination

  • Under the plan, every 100 Syrian pounds will be converted into one unit of the new Syrian Arab Republic’s pound
  • Governor calls move ‘pivotal milestone within a comprehensive strategy’

DAMASCUS: Syria’s Central Bank announced executive instructions on Sunday to introduce a new Syrian currency, launching a monetary reform that includes removing two zeros from the pound and allowing a 90-day period of dual circulation.

The announcement was made during a press conference at the bank’s headquarters in Damascus.

Central Bank Gov. Abdulkader Husrieh said the step was part of a comprehensive institutional strategy to restore confidence and achieve sustainable economic stability.

He said: “The launch of the new currency is not a formal measure, but a pivotal milestone within a comprehensive strategy based on solid institutional foundations.”

Under the plan, every 100 Syrian pounds will be converted into one unit of the new Syrian Arab Republic’s pound. The old and new currencies will circulate together for 90 days, a period which may be extended.

All bank balances will be converted to the new currency at the beginning of next year, while the overall money supply will be maintained without increase or reduction.

An employee at a currency exchange shop stacks Syrian bills at a shop in Damascus. The old currency is expected to be taken out of the market in the next few months. (AFP file photo)

Husrieh said the economic strategy was based on five pillars: monetary stability, a stable and transparent foreign-exchange market, effective and accountable financial institutions, secure digital transformation, and balanced international economic relations.

He said the move required updating financial laws and regulations, improving data systems, keeping pace with global digital developments, and ensuring sustainable financing and training for the financial sector.

The currency exchange will be provided free of charge, with no commissions, fees, or taxes.

All public and private entities must apply the official conversion standard to prices, salaries, wages, and financial obligations. Official exchange-rate bulletins will be issued in both currencies to ensure transparency and prevent speculation.

The governor said the central bank was closely monitoring markets to stabilize the exchange rate and would supply Syrian pounds if demand for foreign currency rises, adding that citizens will feel the impact more clearly after the exchange process is completed.

“Our policy is financial discipline, with no room for inflation,” Husrieh added.

He confirmed that the decree regulating the exchange limits the process to Syrian territory, and said the measures fell within the bank’s 2026-2030 strategy to align with international standards.

The new banknotes, he added, were being printed by leading international companies to prevent counterfeiting.