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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Justice is seeking to buy gold bullion to keep minors from disappearing funds

    Hkp1
    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19
    • Post n°1

    Justice is seeking to buy gold bullion to keep minors from disappearing funds Empty Justice is seeking to buy gold bullion to keep minors from disappearing funds

    Post by Hkp1 Mon 21 Jan 2013, 7:52 pm

    Justice is seeking to buy gold bullion to keep minors from disappearing funds


    2013-01-21


    Baghdad/JD/...The Ministry of Justice announced its purchase of gold bullion to keep minors from disappearing funds.

    The
    Ministry said in a statement received/JD/copy: Justice Minister Hassan
    shammari, recommended by chairing the first meeting of the Council for
    the welfare of minors to the year 2013, approached the Central Bank
    continue to buy Treasury remittances during the current period, because
    their profits are guaranteed and are added at the expense of the funds
    of the minors, calling on members of the Council for the welfare of
    minors to submit a number of proposals to achieve optimum investment
    funds, profit-generating projects.

    The statement noted that the
    Ministry is seeking to develop mechanisms for investment and development
    funds, with a view to increasing the financial and real estate deposits
    for this slide through the amendment of the law for the welfare of
    minors, which will calculate the value of the property of a minor
    financial and real estate and maintain the value of disappearing with
    the aging time.

    According to the statement, the Minister explained:
    the feasibility study of projects currently and sure investment funds
    impact minors, be adopted and approval the Cabinet about to be included
    in the annual plan, saying that in the absence of a specific investment
    plan will then use to buy gold bullion in the financial amount for each
    minor and deposited in the Central Bank to maintain the purchasing power
    of money disappearing.

    Shammari said: the Central Bank had been
    approached to buy bullion value computer financial limited and deposited
    in his Treasury, while the minor reaches the age of majority and
    received as gold or sell the final value of the Central Bank, with a
    view to ensuring increased value with the limitation of time, indicating
    that the approach the Council of Ministers to make amendments in the
    law for the welfare of minors to accommodate half the slide and ensure
    no override on their entitlement, by beginning with the investment of
    funds of this slide in profitable investment projects in the safe side
    which guarantees not subject to loss./finished/ 22

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