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


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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


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    Central Bank Governor promises bright future for Iraqis

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    Central Bank Governor promises bright future for Iraqis  Empty Central Bank Governor promises bright future for Iraqis

    Post by Rocky Tue 03 Sep 2013, 12:16 pm

    Central Bank Governor promises bright future for Iraqis

    By Adel Kadhem

    Azzaman, July 9, 2013

    Iraq’s financial capabilities are stronger than any challenges the country might be facing, said Deputy Governor of the Iraqi Central Bank Abdulbasit Turki.

    “The near future will be a surprise … our potentials are greater than any challenges we are going to face,” Turki said.

    Turki made the remarks during a celebration marking the 10th founding anniversary or Iraq’s Commercial Bank.

    Turki took over the Central Bank’s administration almost 10 months ago, following a period in which the bank’s former leadership was alleged to have pursued policies detrimental to the country’s economy and the exchange rate of its national currency, the dinar.

    Iraqi Central Bank’s coffers are reported to be brimming with hard cash with reserves estimated at more than $70 billion.

    Turki said the short period in which he has been at the helm of the country’s most influential financial institution has provide him with evidence that Iraq will overcome its economic difficulties with great leaps forward in the near future.

    He did not elaborate, but hinted that his bank was negotiating with international banking institutions to open branches in the country and at the same time encourage foreign investment.

    “We have met delegations from some of the world’s largest banks who are willing to start operating in Iraq,” he said.

    Turki said his institution wants to turn Iraq into an arena for investment, particularly by foreign firms and entrepreneurs to rebuild its infrastructure.

    “Iraq is open to all investors willing to invest in it and reconstruct its institutions,” he said.

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    Central Bank Governor promises bright future for Iraqis  Empty Re: Central Bank Governor promises bright future for Iraqis

    Post by jacksmack Tue 03 Sep 2013, 12:25 pm

    "near future" I wonder if that is an upgrade from "Soon"?
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    Post by Screwball Tue 03 Sep 2013, 4:54 pm

    Yep smack near is our new soon! Only 70 billion Turku taken 10 billion already for his share!
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    Post by Neno Tue 03 Sep 2013, 5:15 pm

    He did not elaborate, but hinted that his bank was negotiating with international banking institutions to open branches in the country and at the same time encourage foreign investment.  “We have met delegations from some of the world’s largest banks who are willing to start operating in Iraq,” he said.  Turki said his institution wants to turn Iraq into an arena for investment, particularly by foreign firms and entrepreneurs to rebuild its infrastructure.  “Iraq is open to all investors willing to invest in it and reconstruct its institutions,” he said.
    Lots of exciting words here.. ;)
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    Post by fonz1951 Tue 03 Sep 2013, 5:44 pm

    like taking a busload of kids into a candy store with no money. jeez people, quit baiting us and just do it!
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    Post by lauree Tue 03 Sep 2013, 5:52 pm

    Since this is an article from early July I am not holding out a lot of hope for "soon"
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    Post by Screwball Tue 03 Sep 2013, 5:54 pm

    Exciting doesn't buy me an Audi!
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    Post by Screwball Tue 03 Sep 2013, 6:31 pm

    Actually near future defined as very soon!
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    Post by Neno Tue 03 Sep 2013, 8:22 pm

    lauree wrote:Since this is an article from early July I am not holding out a lot of hope for "soon"
    It is the Middle east so you have to read from the Middle first, then back and maybe forward. There is a trick to the trade... ;)
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    Post by wayoutnow Tue 03 Sep 2013, 8:50 pm

    I just close my eyes and use the force !!!!!!

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