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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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    Economist: no right to the central bank lending to the state of financial reserves

    Rocky
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    Economist: no right to the central bank lending to the state of financial reserves Empty Economist: no right to the central bank lending to the state of financial reserves

    Post by Rocky Wed 13 Jan 2016, 8:46 am


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    [You must be registered and logged in to see this image.]  Admin Today at 8:59 am

    History of edits:: 2016/1/13 13:20

    {Baghdad: Euphrates News} said economic expert on behalf of Jamil Antoine, on Wednesday, on the non-eligibility of the Iraqi Central Bank lending to state what the bank did not change the law with the consent of the House of Representatives.

    He said Antoine told {Euphrates News} Today, that "the state can not borrow from the Central Bank of Iraq; because the central bank law does not allow the government to lend definitely, unless the law was changed by the House of Representatives."

    He noted that "the Iraqi Central Bank can lend agricultural development banks, investment and industrial like the World Bank," explaining that "the state is borrowing internally or externally to ensure the Central Bank of Iraq."

    [size=18]It is noteworthy that the federal government intends to resort to State reserves in the Central Bank of Iraq to cover the deficit Almala.




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