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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The “Central” Bank of Iraq reveals the details of the initiative to provide job opportunities for 5

    Rocky
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    The “Central” Bank of Iraq reveals the details of the initiative to provide job opportunities for 5 Empty The “Central” Bank of Iraq reveals the details of the initiative to provide job opportunities for 5

    Post by Rocky Wed 08 Jun 2022, 2:10 pm

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    JUNE 8, 2022




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     The Central Bank of Iraq revealed the details of its initiative to provide new job opportunities for five categories, which brings 4 main benefits to them.
    The Central Bank of Iraq’s media office said that “the Central Bank of Iraq is constantly working on implementing all procedures for developing information security infrastructure and issuing instructions and guidelines for the financial and banking sector.
    He added, "The Central Bank is also working to follow up on the application of the basic concepts of governance of information technologies and security, cyber steadfastness, and the development of information security formations within financial and banking institutions, and the accreditation of qualified technical cadres who have internationally accredited professional technical certificates in this framework."
    Regarding loans, the media office stated, “The lending criteria within the initiative of the Central Bank of Iraq are based on the provisions of Clause (3) of the General Conditions for Lending Mechanisms issued under the Prime Minister’s Office letter on November 22, 2015, by registering the borrowing request on the Tamweel website. (https://tamwil.iq/) and the selection of the concerned bank with the delivery of the required documents with guarantees and the feasibility of the project, which are subject to scrutiny and approval.”
    He stressed that "this initiative works to provide new job opportunities in the private sector for the youth category by 50%, the new graduates by 10%, the breadwinner women by 25%, special needs by 5%, and the rural population by 10%."
    He explained that "this initiative contributed to achieving 4 positives, represented by providing the private sector with the establishment of laboratories, secondly reducing dependence on imports, supporting the residential sector, and fourthly encouraging national exports."
    He pointed out that “the Central Bank seeks to [You must be registered and logged in to see this link.] societal segments and [You must be registered and logged in to see this link.] them to bear economic difficulties by reading the international and local economic reality, as the bank sought, during the pandemic in 2020, to postpone installment payments for 6 months due to the health situation and the curfew in the name of reducing financial pressures on borrowers.”
    On the monetary reserve, the media office stated that "the foreign reserves of the Central Bank of Iraq during the first quarter of 2022 amounted to 74 billion US dollars, including various foreign currencies and gold reserves."
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