Home
[rtl]
[rtl]History of edits:: 6.8.2016 20:22 • 21 visits readable[/rtl]
[Wayne-Baghdad]
The leader of the Islamic Supreme Council of Iraq , Adel Abdul - Mahdi said " the company proposed by theCentral Bank with a capital of 100 billion dinars that, and approved by the Council of Ministers, is a positive step to encourage the banking sector and to ensure the money depositors at the bank 's inability or exposure to thebankruptcy and liquidation.
Mahdi said in a press release received by all of Iraq [where] a copy of it on Wednesday that "our economy depends Monetary mainly Cash Economy, and this is a serious manifestation of backwardness, corruption and money laundering , there are about 34 trillion dinars outside the banking session, are traded in the parallel economy, it is difficult control or pay trends sound development , "noting that" this is a big number is a half of the "money supply" on the basis of M1 (67 trillion dinars, ie paper currency and coins mainly) and about 24% of the "money supply" based on M2 (83 trillion dinars , ie M1 plus short - term deposits in banks , mainly) by June this figure, note that expressions of M1 and M2 and M3, etc., are different orders of means and tools currency isdisplayed.
He continued by saying , "deepen this reality after the nationalization and the dominance of easy money and theeconomy rentier and the disintegration of the economy and Mavuath, dip habit banking and the collapse ofconfidence in the banking system, and the lack of clarity and integrity and fairness of the tax system, and thearbitrariness of the state and put her hand on the bank accounts for security reasons, economic or personal. "
He said the " lack of transparency, fairness and sound policies to fight corruption and money laundering in thecountry 's economy, led and lead corruption and money laundering in the parallel economy outside the note that "parallel" economy or "shadow , " or "black", depending on the Titles, is in the advanced economies also it is in the United States about two trillion dollars, and cause the loss of taxes , of $ 500 billion dollars a year or so , but its weight is very weak compared to the sheer size of the deal and banking tools other payment but stresses economists there on the presence of the benefits of a national economy, although harmful to the treasury, as afactor to absorb unemployment and moving some of the activities that are difficult to manage or control them otherwise. "
said Abdul - Mahdi said" the founding of the company, we must complete our opinion , further action, not only in the framework of the protection of depositors ' money, but because Astjmab largest volume of money as well, and that would get the economy moving and to stimulate interest, business and investment , "he said , adding that" the central bank had studied the company 's capital, and it seems to us that the proposed capital relatively few compared to the sector and the size of deposits, especially as we have seen deficits and qualifying during thepast years. And of course the company may re - insurance to ensure their ability to repay, and will be depositors more assured if was associated with security companies and international specialized institutions, and to ensure smooth proceedings in cases of bankruptcy, liquidation and defaults. "
He stressed that" with the financial health, and to get the economy moving, and Astjmab liquidity, to be tax policy clear reassure depositors, lack of exposure to the arbitrariness of administrative and authoritarian, compelled them to stay out of the banks. But it can put temporary and permanent incentives to enter the banking session, offering temptations Kalaafa or reduction of tax settling accounts, and to protect the deposits of disclosure and auditing practices outside world, and the development of legal guarantees for it. "
He added that" the study of interest rate policy. There is no doubt that the central bank in cooperation with theGovernment, and in accordance with the law, he can plan to take on the percentage of encouraging interest for the money prices of mode, and plan an interview to encourage lending at attractive prices benefit, including moves the markets, interests and investments. "
He stressed that " a vote of confidence in the public and private banks and the elimination of discrimination in deposits and transactions and stop instruction chaos and Fjaiatha, and the arbitrariness of administrative and judicial proceedings and address the red tape and bureaucracy stalled for business and degrading treatment of customers and banks alike , "and wondered" if the state itself is confident these banks, how will trust by citizens?Banks At economies Day - lever development and oxygen economy and the closet his money.http://www.alliraqnews.com/modules/news/article.php?storyid=40033[/rtl]
Abdul-Mahdi: The proposed company from the central bank is a positive step to encourage the banking sector
[/rtl][rtl]History of edits:: 6.8.2016 20:22 • 21 visits readable[/rtl]
[You must be registered and logged in to see this image.]
[rtl][Wayne-Baghdad]
The leader of the Islamic Supreme Council of Iraq , Adel Abdul - Mahdi said " the company proposed by theCentral Bank with a capital of 100 billion dinars that, and approved by the Council of Ministers, is a positive step to encourage the banking sector and to ensure the money depositors at the bank 's inability or exposure to thebankruptcy and liquidation.
Mahdi said in a press release received by all of Iraq [where] a copy of it on Wednesday that "our economy depends Monetary mainly Cash Economy, and this is a serious manifestation of backwardness, corruption and money laundering , there are about 34 trillion dinars outside the banking session, are traded in the parallel economy, it is difficult control or pay trends sound development , "noting that" this is a big number is a half of the "money supply" on the basis of M1 (67 trillion dinars, ie paper currency and coins mainly) and about 24% of the "money supply" based on M2 (83 trillion dinars , ie M1 plus short - term deposits in banks , mainly) by June this figure, note that expressions of M1 and M2 and M3, etc., are different orders of means and tools currency isdisplayed.
He continued by saying , "deepen this reality after the nationalization and the dominance of easy money and theeconomy rentier and the disintegration of the economy and Mavuath, dip habit banking and the collapse ofconfidence in the banking system, and the lack of clarity and integrity and fairness of the tax system, and thearbitrariness of the state and put her hand on the bank accounts for security reasons, economic or personal. "
He said the " lack of transparency, fairness and sound policies to fight corruption and money laundering in thecountry 's economy, led and lead corruption and money laundering in the parallel economy outside the note that "parallel" economy or "shadow , " or "black", depending on the Titles, is in the advanced economies also it is in the United States about two trillion dollars, and cause the loss of taxes , of $ 500 billion dollars a year or so , but its weight is very weak compared to the sheer size of the deal and banking tools other payment but stresses economists there on the presence of the benefits of a national economy, although harmful to the treasury, as afactor to absorb unemployment and moving some of the activities that are difficult to manage or control them otherwise. "
said Abdul - Mahdi said" the founding of the company, we must complete our opinion , further action, not only in the framework of the protection of depositors ' money, but because Astjmab largest volume of money as well, and that would get the economy moving and to stimulate interest, business and investment , "he said , adding that" the central bank had studied the company 's capital, and it seems to us that the proposed capital relatively few compared to the sector and the size of deposits, especially as we have seen deficits and qualifying during thepast years. And of course the company may re - insurance to ensure their ability to repay, and will be depositors more assured if was associated with security companies and international specialized institutions, and to ensure smooth proceedings in cases of bankruptcy, liquidation and defaults. "
He stressed that" with the financial health, and to get the economy moving, and Astjmab liquidity, to be tax policy clear reassure depositors, lack of exposure to the arbitrariness of administrative and authoritarian, compelled them to stay out of the banks. But it can put temporary and permanent incentives to enter the banking session, offering temptations Kalaafa or reduction of tax settling accounts, and to protect the deposits of disclosure and auditing practices outside world, and the development of legal guarantees for it. "
He added that" the study of interest rate policy. There is no doubt that the central bank in cooperation with theGovernment, and in accordance with the law, he can plan to take on the percentage of encouraging interest for the money prices of mode, and plan an interview to encourage lending at attractive prices benefit, including moves the markets, interests and investments. "
He stressed that " a vote of confidence in the public and private banks and the elimination of discrimination in deposits and transactions and stop instruction chaos and Fjaiatha, and the arbitrariness of administrative and judicial proceedings and address the red tape and bureaucracy stalled for business and degrading treatment of customers and banks alike , "and wondered" if the state itself is confident these banks, how will trust by citizens?Banks At economies Day - lever development and oxygen economy and the closet his money.http://www.alliraqnews.com/modules/news/article.php?storyid=40033[/rtl]
» utube 5/9/24 MM&C 0:02 / 46:46 PM - Al-Sudani - Golden Opportunity - Private Sector - Contra
» utube MM&C 5/11/24 Iraqi Dinar - IQD Update - International - IraqTiming - 2024 Budget Schedule - Sp
» Bahr Al-Ulum calls for legislating the renewable energy law and localizing the solar panel industry
» In numbers: the rise in internal debt in Iraq
» Jordan demands that Iraq continue to export oil for another three months
» Iraq is the largest producer.. OPEC+ is pumping higher than scheduled and in anticipation of the Jun
» Close to the coordination framework: There is no intention to change the internal regulations of Par
» Central Bank sales exceed $274 million today
» But the representative of the exchange companies is pessimistic... Why did the dollar fall?... The C
» Jordan addresses Iraq to extend a memorandum of understanding to purchase oil
» Bribes increased from 3,000 to 50,000 dollars.. What is the condition of alcohol in Iraq after the p
» Presence movement: Sunnis and Kurds while the Americans remain in Iraq
» A deputy reveals the contents of the first water strategy in Iraq
» Soon...the second reading of the proposed red card law
» The discovery of 10 new oil and gas fields in the Anbar desert
» A bloc announces to “Al-Ma’louma” the date of the parliamentary speaker’s election session
» Parliamentary Finance explains the mechanism for amending the retirement law
» Sovereignty accuses Al-Halbousi of obstructing the election of a Speaker of Parliament
» Parliamentary Agriculture accuses Kurdistan of harming the farmers of the center and south
» Al-Sudani confirms Iraq's readiness to host the Arab Network conference
» Nechirvan Barzani calls on the Iraqi government to allocate a budget to confront climate change
» “Iraq is in danger.” Political warnings against ending the work of the UN mission
» The Iraqi Interior Minister announces the signing of a security cooperation memorandum with Syria
» The Minister of Oil told “Al-Iqtisad News”: The 5th and 6th rounds will add 3 Mqmq of gas to Iraq’s
» Economist: Tax revenues from the private sector should be 4 trillion dinars annually
» The Real Estate Bank calls on the Iraqi Central Bank to determine a plan to allocate a new initiativ
» More than one billion and 400 million dollars...CBI sales within a week
» Oil: Iraq achieved self-sufficiency in liquid gas and began exporting the surplus
» Iraq begins exporting liquid gas
» The Cabinet Secretariat sets to Al-Iqtisad News the completion date for the Chinese agreement school
» Securities: The most recent law of the Authority in the Arab and regional countries
» A European desire to strengthen security and economic cooperation with Baghdad
» The close selection of a person for the position of Speaker of Parliament
» Parliamentary law excludes the exchange of penalties for cash amounts
» An agreement with Italy to finance industrial projects
» The Najaf Chamber of Commerce signs a “memorandum of understanding” with its Thai counterpart
» Baghdad, Arab Forum
» Specialists: Economic integration and job opportunities await development
» The President of the Republic, Nechirvan and Barzani stress the necessity of coordinating efforts be
» The Judicial Institute announces the names of those accepted for the 48th and 49th sessions
» Today's newspapers are interested in launching the fifth licensing supplement rounds and the sixth l
» Al-Sudani receives the Secretary-General of the Arab Network for National Human Rights Institutions
» Trade participates in the meetings of the Economic and Social Council at the level of senior officia
» The Minister of Transport discusses with the Tunisian Minister of Foreign Affairs and Immigration wa
» Iraq recorded an increase in its oil exports to the United States last week
» It is governed by three dimensions.. Parliament talks about a strategic priority for Iraqi national
» To what extent do Arab countries influence politically Iraq? It has become more independent
» The Iranian ambassador in Baghdad: Iraq has paid its debts, and the security agreement includes thre
» Dollar exchange rates decline slightly on the Baghdad Stock Exchange
» China has 18% of the fields in the two new rounds, and 11 countries share the remainder
» On the table...a proposal for the Kurdistan oil crisis and an effort to conclude a similar agreement
» Al-Awadi: A government decision to provide sovereign guarantees and guarantees to encourage the inve
» 6 Chinese companies are among the winners of developing Iraqi oil and gas fields
» Baghdad gives UNAMI the end of 2025 to leave the country after fiery briefings
» Dhi Qar clarifies: The quarry burying radioactive materials is regular and does not pose a danger
» Al-Sudani: There are 64 lagging projects in Babylon
» The housing crisis is expanding and planning confirms: Iraq needs 3 million housing units to solve i
» 90 billion dinars were recovered from social protection violators
» Iraq seeks to increase its oil reserves to more than 160 billion barrels
» After keeping the numbers secret... Did the rain increase Iraq's water reserves by 120%?
» In the first quarter of 2024.. Iran will displace Iraq and become the second largest producer in OPE
» Iraqi oil exports to Jordan stopped 20 days ago
» Iraq and Syria sign a memorandum of security cooperation in several fields
» Parliament recommends stopping electronic schools in Iraq
» Parliamentary law rules out passing a law replacing penalties with sums of money
» After a rare meeting... sources talk about Al-Sadr's future in political life in Iraq
» The President of the Republic warns of climate change and its threat to food security and future gen
» The Iranian ambassador to Iraq talks about negotiations for the withdrawal of American forces and Tu
» Deputy: Iraq represents an important factor in the stability of the global oil market
» Transportation: The Iraqi-Turkish technical committees continue to fulfill the requirements for impl
» Economic: Raising the interest rate will reduce real estate prices
» Did Barzani agree in Tehran to end the presence of Iranian groups in Kurdistan? - urgent
» Al-Sudani: We are establishing a new situation for the global energy market through the Development
» Al-Sudani: The government program devoted a wide scope to the government’s vision for oil and gas in
» Al-Awadi: Ending the work of the UNAMI mission is consistent with the government’s vision in this fi
» MM&C Floating the dinar" returns to the forefront.. Will the Central Bank of Iraq resort to it and w
» The Secretary of the Ministry of Defense meets with the Commander of the NATO mission
» Expert: The stability of the economy is linked to the political situation
» A parliamentary request to lift the injustice against 20,000 Iraqi employees
» Parliamentary Finance criticizes the government's failure to send the budget schedules
» Minister of Oil: The 5th and 6th licensing rounds will take place within the framework of exploratio
» Al-Sudani: Iraq is a difficult number in the global market in the field of energy
» Al-Khanjar rejects Al-Halbousi’s request to head Parliament
» Revealing the date of the arrival of the 2024 budget schedules
» Al-Halbousi nominates Talal Al-Zubaie for presidency of the House of Representatives
» "A coup in Iraqi universities"... Replacement of presidents and deans under the new education law
» Al-Sudani: Iraq is a difficult number in the equation of energy and oil wealth in the region and the
» Minister of Oil: We hope to announce an increase in Iraq’s oil reserves to 160 billion barrels
» Iraq's mass graves...stories that did not end with the burial of their owners, and the "legacy of IS
» Pictures: New licenses in Iraq to extract “huge” quantities of oil and gas
» Transport reopens the Baghdad - Samarra railway line
» Al-Awadi: A government decision to provide sovereign guarantees and guarantees to encourage the inve
» Oil clarifies the mechanism for investing grant funds and licensing contracts
» A $700 million agreement is signed between Iraq and Italy to finance these projects
» Iraq recovers 90 billion dinars from social protection violators
» Sudanese officially launches the two licensing rounds and sets the date for stopping gas burning
» An economic vision for the standard of competition for exploratory plots in Iraq
» The Iraqi Islamic Bank announces an increase in its capital to 300 billion dinars