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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


    Financial braking

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280906
    Join date : 2012-12-21
    • Post n°1

    Financial braking Empty Financial braking

    Post by Rocky Sat 29 Jul 2017, 4:07 am

    Financial braking



    29/7/2017 12:00 am

    Mustafa Mohammed Ibrahim
    Within the latest trends of the International Monetary Fund on the economic reform in Iraq, especially after their recent meetings of the Standby Arrangement (SBA) Stand By Arrangement, the IMF has called for a policy of financial restraint.
    Financial
    restraint is a set of restrictions placed by the
    monetary authorities on the financial and banking system, which is mainly aimed at satisfying the financial needs of the government by imposing a
    low or no interest rate and forcing banks to
    purchase government treasury bonds with a low yield as well as
    restrictions Strict on the movement of capital.
    Among the manifestations of the policy of
    financial restraint is the administrative determination of the interest rate
    on loans and deposits as well as the allocation of credit and the imposition of a high implicit tax on the banking sector, as most
    countries of the world practiced a policy of
    financial restraint or financial liberalization through the imposition of a set of laws and controls and quantitative and qualitative restrictions imposed by the government which does not allow for financial intermediation employ capabilities available from this side, and
    another side prevail fiscal restraint policy
    or financial liberalization for many systems rate of
    exchange the most important of the fixed exchange rate regime, as the central bank to determine the value of the
    currency is fixed by
    money the Of gold and the proposal was designed foreign assets, so the need to provide legal and technological reforms in government banks to take
    their role in providing banking services to all
    sectors
    At the same time focus on the policy of financial liberalization as an international and domestic option that
    helps to achieve economic development and create a sound banking system.
    Therefore, monetary policy should continue to achieve its objective of building a sound banking system capable of achieving all the challenges facing banking by building an efficient and effective system to cope with all macro-economic variables. Supervision and follow-up of the International Auditing Company and on this basis shows the mutual impact of fiscal policy in the preparation of the financial budget, but the important question remains how long will continue to borrow external.

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