CAMP LIBERTY, Iraq (Army News Service, Nov. 4, 2005) -- Iraqi contractors supporting Operation Iraqi Freedom III are now counting dinars instead of dollars on payday.
Another milestone in Iraq’s economic development was reached Oct. 14 when a 3rd Infantry Division finance office issued the first payment in Iraqi currency while in theater.
Local vendors and contractors were previously paid in U.S. dollars. This is the first time in all the rotations of Operation Iraqi Freedom that a dinar check payment has been issued to local vendors and contractors within the Baghdad area of operations.
This is a huge step according to Maj. Richard Santiago, commander of 3rd Finance Company, 3rd Soldier Support Battalion, Division Support Brigade, who said paying locals in dinars benefits both the Iraqi people and Coalition Forces...
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Did they say checks?
hat tip: Defend America
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