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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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    Economic expert reveals the repercussions of stopping financial transfers to Kurdistan

    Rocky
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    • Post n°1

    Economic expert reveals the repercussions of stopping financial transfers to Kurdistan Empty Economic expert reveals the repercussions of stopping financial transfers to Kurdistan

    Post by Rocky Sat 30 Sep 2017, 8:25 am

    Economic expert reveals the repercussions of stopping financial transfers to Kurdistan


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    Special - Mawazine News


    Economic expert Salam Samisem said on Saturday that the suspension of remittances to Kurdistan would cause great damage to the region, pointing out that this decision was delayed, which was supposed to be implemented years ago.


    "The central bank's decision to stop the remittances to Kurdistan came late and had to be imposed by the government for years," she said. "There is something the media is unaware of. The Iraqi banks have branches in the region. Now these branches did not allow the extraction of money from them and therefore we have a liquidity crisis. "


    "The entry of a large number of displaced people into the region compounded this crisis because they were not allowed to withdraw their money," said Smisem.


    "Some of the money and deposits in the banks of Kurdistan by investors and citizens have not given them the freedom to dispose of their money since 2014, but there was silence from the central bank."


    "The central bank is the bank of banks, the guarantor of the money of citizens, and its stigma means either to be responsible for the compensation of these funds or to be promising to act," she said.


    "The suspension of remittances to Kurdistan is a sound and expected economic decision in light of the escalation of the referendum on independence, but it will hurt the region as a supplier of dollars," he said, adding that he is "the supplier of currency trading."


    The Central Bank of Iraq stopped, the system of financial transfers between the provinces controlled by the federal government and the Kurdistan region, in response to the referendum of Kurdistan.


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    weslin3
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    • Post n°2

    Economic expert reveals the repercussions of stopping financial transfers to Kurdistan Empty Re: Economic expert reveals the repercussions of stopping financial transfers to Kurdistan

    Post by weslin3 Sat 30 Sep 2017, 8:33 am

    This is going to be a mess..
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