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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


    Three quarters of the money out of the banks. Central and calls for investing.

    Rocky
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    • Post n°1

    Three quarters of the money out of the banks. Central and calls for investing. Empty Three quarters of the money out of the banks. Central and calls for investing.

    Post by Rocky Fri 15 Sep 2017, 6:32 am

    Three quarters of the money out of the banks. Central and calls for investing.

    Baghdad/range

    It is estimated by experts in Economic Affairs, that three quarters of the HKMA "hoarder" is very large, so expert that try to attract money Bank compacta is the sensor in case of cash reserve has, especially since half the drop period not exceeding two years Means there are dramatically in a short period, necessitating real steps and called for the need to move away from deficits in the public budgets for the coming years because that means we're going to Central Bank funds, which was not true, in our internal and external borrowing, stressing at the same time daro That the Government was working to start mixed projects shared by the Government and private sector and attracting foreign investment sector probably belonging to an investment firm has these projects, so the parliamentary economic stresses that the cash reserve with the Central Bank and that it was not in danger but it's close..

    The Central Bank Governor was public relations agency, to cash Central has not available, pointing to plans to attract money stashed away and pumped into the banking system at the same time, noting that compactness is a problem and a concern for many countries, especially after the recent technological developments and the subsequent Achievements and enormous savings in the entry for the production elements, stressing: that the Central Bank has planned to solve this issue by putting plans and studies to attract money warvadha within the banking system".

    Economist Amer jeweller in interview for "(how), that the Central Bank wants to attract money stashed away and talks this talk it might be sensing danger in the case of the cash reserve, which is all agreed even if spoken by anyone, but: when the reserve is reduced to half. 

    A period of up to two years, it is considered that there are dramatically in a short period and this decrease if there must be real steps taken and do not expect continued decline and keep counting on oil, we should strive to not put next years budgets deficit because the deficit means we're going to a Loyalist Central Bank which is not true, especially since our internal and external borrowing.

    Jeweler finds: the Central Bank yet, though declining still reserves within the boundaries of international standards Secretary, but we still rely on bombshell comes from oil revenues and only talking about maximizing other resources including money stashed away, and is step won't work. 

    One either 2018 year or subsequent years unless the Iraqi economy and society reassures trusts him, especially as the Government and private banks are performing away from actual investment to increase reliability and people resort to put their money in those banks, today estimated that three quarters of cash Rolling is a very big issue.

    But goes on when we measure the existing funds and the Central Bank keeps the sale see a relative improvement in revenue, the next budget must be based not on urgency, we need to set ourselves up to be our accounts consistent with actual revenues and therefore not be planned budget Negative, especially as we prepared a supplementary budget 2017 year because revenues improved, straight by saying: we are recalling these points we want to have a balance between revenue and what sells, not worry ourselves even Central Bank increase in withdrawals from the central reserve.

    Financial adviser said the Prime Minister, Mohamed Saleh appearance last Saturday, the Iraqi Government is engaged with the IMF on the subject of financial consolidation and reducing spending and maximizing resources and debt sustainability within economic limits and maximizing revenue Secretary ", indicating that the balance in 2018 at Pipeline semifinals, will be presented to the Cabinet next month, according to the times.

    Jeweler finds: the modern Central Bank that cash is not available, a problem and can get bye time, but presumably not scarcity access prediction for weeks or months but for years, because the fact that Central Bank reserves decreased and continues to decrease albeit quietly and they said earlier that If Central Bank reserves reached the minimum we must have other procedures, so we rely on forecasts and to maintain constant orientation to maximize the resources of the country.

    He continues: even money stashed away can draw her out to projects encouraged by the State, regardless of whether the Government's announcement contributed to mixed projects that citizens trust the Government more than anything else, continuing: today the Government if a mixed project shared by the Government and private sector it might participate. 

    Foreign sector, then the citizen can attract to buy shares in those projects, and these measures begun by other States in accordance with the strategy of stretched for years even greater reliability between the citizen and the State, as the actual actions of the Government are increasing reliability in the citizen, but also prepare steps to improve Investment environment in the country, both for the citizen or foreign investor.

    Meanwhile the parliamentary Economic Committee Member says dulaimi olives in the interview for "(how), the Central Bank's cash reserve status and was not in danger but is close to it, there are directed to activate money stored in order to provide citizens in State banks, as there are banks. Already started trading bonds pose to attract money stashed away, or by capturing it in banks, especially since there are already lots of chunky whether citizens or venture capitalists.

    Dulaimi recalls: that everyone become aware that the financial situation in Iraq is not good but is akin to gravity, for many reasons, notably lower oil prices and war that consumed a lot of money with operational expenditure which takes a lot of the public Treasury, however: so I hope there are wizards In order to get out of this fact, we count on financial advisers and economists and economic commissions in the premiership to develop and implement solutions and treatments for out of any financial crisis, and is inviting us to not to be pessimistic and hope to have a good financial future for Iraq.

    The term means "compactness" holding cash and kept her on the circulation and it may be that compactness by burying money or save them in boxes inside the houses and not taken out of circulation in the money and capital markets.

    The Iraqi Central Bank 19-2-2017 announced foreign exchange reserves slid to 49 billion dollars as a result of the continuing decline in oil prices in global markets.

    Mentions that Iraq suffers from financial hardship since the year 2014, as a result of falling oil prices with growing war expenditures on ISIS, forcing Baghdad to borrowing from international financial institutions like the World Bank and the International Monetary Fund and withdrawals of fiscal reserves to the Central Bank.


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    Rocky
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    • Post n°2

    Three quarters of the money out of the banks. Central and calls for investing. Empty Three quarters of the cash mass outside the circle of banks .. And central calls for investment

    Post by Rocky Fri 15 Sep 2017, 7:55 am

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    Three quarters of the cash mass outside the circle of banks .. And central calls for investment


     Baghdad / Range 

    According to economic experts, three-quarters of the cash is "condensed", a very big issue. An expert considered that the bank's attempt to attract money is only a sense of danger in the case of its cash reserve, especially since its decline by half does not exceed The two years mean that there is a sharp decline and a short period, which necessitates taking real steps, and called for the need to stay away from a deficit in the budgets of the years to come because this means that we will resort to the funds of the Central Bank which is not true, in light of our internal and external borrowing, Stressing at the same time the need to know The government has decided to start mixed projects involving the government sector and the private sector and perhaps the foreign investment sector in order to attract the citizen to invest what is concentrated in these projects, the parliamentary economy confirms that the cash reserve with the central bank, although not at risk but close to it.
    The Governor of the Central Bank of the Agency Ali Alaq, that the cash available to the Central Bank is not available, pointing to the development of plans to attract funds Almqnzah and pumped within the banking system, noting at the same time that the stalemate is a problem and a concern for many countries, especially after the technological developments and the subsequent Achievements and achieve huge savings in the incomes of elements of production, stressing: The Central Bank has a scheme to resolve this issue through the development of plans and studies to attract funds and their attractions within the banking system.
    Amer al-Jawahri said in an interview for "(to extent) that the central bank, when it wants to attract money Almknzp talking this talk, he may have sensed the risk in the case of cash reserve, which is all agreed, even if not spoken by one, but: Reserve when This is a reduction and a short period. If this continues, there must be real steps taken. We do not expect the decline to continue and we will continue to rely on oil, and we should seek to avoid a deficit in the budgets of the coming years because the deficit It means that we will resort to coffee money K Central which is not true, especially since we have internal and external borrowing.
    Al-Jawahiri said that the central bank has so far, despite the decline, its reserves are still within the safe limits according to international standards, but the great disaster is that we are still relying on oil revenues and we are talking only about maximizing other resources, Whether in 2018 or the next years unless the society reassures the Iraqi economy and trusts, especially as the level of performance of public and private banks away from making real investments to increase its credibility and people resort to put their money in those banks, today it is estimated that three quarters of cash circulation e And chunky and this is a very big issue.
    "But when we measure the existing funds and the central bank continues the sale process, we see that there is a relative improvement in revenues, and the budget should be not based on the quick, and we must identify ourselves so that our accounts are consistent with the actual revenues and thus not budget planned "We are referring to these points. We want to have a balance between revenues and what the central bank sells until we take ourselves into an increase in the withdrawal of funds from the central reserve."
    The financial adviser to the Prime Minister, the appearance of Mohammed Saleh last Saturday, the Iraqi government is talking with the International Monetary Fund on the subject of financial strengthening and reduce spending and maximize resources and sustainability of debt sustainability within the economic limits and the Secretary of revenue optimization, "noting that the budget of 2018 is in the semi- And will be presented to the Council of Ministers next month, according to constitutional times He 
    sees Jeweler: The talk of the Central Bank that the criticism is not available to him, is a foreseeable problem can be obtained at any time, and is supposed to predict the possibility of a shortage not for weeks or months, but years, because the truth That is The central bank is declining and continuing to decline, albeit calmly, and they said earlier that if the central bank reserves reach the minimum levels, we must have other measures. Therefore, we rely on forecasts and the trend will continue to maximize the country's resources.
    He continued: Even the funds can be attracted to the funding of projects encouraged by the state, whether the government to announce shares in mixed projects, because the citizen trusts the government more than anything else, continuing: Today the government if the mixed project involved government and private sector may participate And these procedures have been initiated by other countries in accordance with a strategy that has extended for many years to increase the credibility between the citizen and the state, and the actual actions of the government is more than the reliability of the citizen, but are also steps to improve the Environment Investment in the country either for the citizen or for the foreign investor.
    On the other hand, a member of the parliamentary economic committee Zeytun al-Dulaimi said in an interview for "(extent), that the status of cash reserve with the Central Bank, although not in danger but close to them, and there is a tendency to activate the funds stored by the citizen for the provision in government banks, There are banks that have already begun to issue bonds to trade in order to attract funds, or by providing them in banks, especially if there are already many funds chunking both citizens or owners of capital.
    Dulaimi pointed out that everyone is aware that the financial situation in Iraq is not good, but is closer to gravity, for many reasons, the most important low oil prices and war, which consumed a lot of funds with operating expenses that take a lot of the treasury, We are counting on financial and economic advisers and the economic committees in the prime minister to develop solutions and treatments and implement them in order to get out of any financial crisis. This is why we are not pessimistic and we hope that the financial future will be good for Iraq. Stagnation means holding money and locking it out of circulation. This can be done by burying money or keeping it in the boxes inside the house and not taking it out for trading in the money and capital markets.

    The Central Bank of Iraq on 19-2-2017 has announced the decline of its reserves of foreign currency to 49 billion dollars due to continued low oil prices in world markets. Iraq has been in financial straits since 2014, as a result of the decline in oil prices with the increase of war expenses on the dacha, forcing Baghdad to borrow from international financial institutions such as the IMF and the World Bank and withdraw from the financial reserves of the Central Bank of Iraq.
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