LYCOS RETRIEVER
Iraq: Addition
built 642 days ago
Once a foreign investor employs any individual in Iraq, whether Iraqi or a foreigner, he must inform MOLSA's Employment Bureau. The investor must ... notify the bureau when every position ends, and when a foreign investor has vacancies. In addition, all Iraqis and foreigners wishing to work in Iraq must report to the Employment Bureau to complete a registration form that includes name, qualifications, and the type of work sought.
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In 1982 Iraq devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this official exchange rate without additional devaluation despite mounting debt. In early 1988, the official dinar-dollar exchange rate was still 1 IQD to US $3.22.
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Coalition contractors who are not normally resident in Iraq may be subject to the CPA's or Iraq's jurisdiction, as authorized by the Administrator. Additionally, some of the administrative regulations regarding contractors will not apply to their contracts with the Coalition.
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