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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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    (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys

    Rocky
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    • Post n°1

    (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys - Page 2 Empty (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys

    Post by Rocky Wed 15 Nov 2017, 9:13 am

    First topic message reminder :

    (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary system



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    Economy News Baghdad:
    The Secretary-General of the Council of Ministers, Mahdi Al-Alaq, on Wednesday, that the project to settle salaries aims to reform the system of payment of salaries through electronic payment by banks.
    Al-Alak said in his speech during the opening of the banking fair for the settlement of salaries and attended by "Economy News", "The localization of salaries will make the employee improves the management of his money in addition to benefit from the privileges granted by the bank," noting that "the employee has the right to choose the bank that he sees fit for resettlement Salary ".
    He added that "banks participating in this exhibition are eligible to participate in the settlement of salaries and consistent with the standards set by the Central Bank."
    He pointed out that "these banks show that they have the capacity to provide banking services quickly and safely," pointing out that "we work to be a banking system is honest and achieve the economic objectives of the citizen and meet his ambition."


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    Last edited by rocky on Wed 15 Nov 2017, 9:25 am; edited 1 time in total
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    weslin3
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    • Post n°11

    (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys - Page 2 Empty Re: (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys

    Post by weslin3 Thu 16 Nov 2017, 10:21 am

    I probably would have missed this but thanks to you Proven I do see it for sure. Thanks! bounce
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    • Post n°12

    (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys - Page 2 Empty Re: (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys

    Post by weslin3 Thu 16 Nov 2017, 10:26 am

    So being implemented could be any time to raise the value? Or what do y'all get out of it?
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    Proven
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    • Post n°13

    (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys - Page 2 Empty Re: (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys

    Post by Proven Thu 16 Nov 2017, 11:15 am

    weslin3 wrote:So being implemented could be any time to raise the value? Or what do y'all get out of it?

    Weslin3 I can only show you what I have research.  Here is some more clues:
    ___________________________________________________________________________

    Deposits eliminating the need for the auction.   Deposits in banks connected with national production.  Deposits for investment projects. 

    Who is bringing the money? 

    The wait is directly proportional to how fast investors (depositors) pour into Iraq.   

    All part of the plan....

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    The Chairman of the Finance Committee, Haider al-Abadi, told the "Awan", "The switch more than 34 trillion Iraqi dinars, not an easy process," noting that "the Finance Committee and the government demanded the Central Bank to provide guarantees to reduce fraud and money laundering operations."

    Abadi added that the "currency change or delete the zeros of which needs to be a new financial year, and because of 2014 will see Gjra the legislative elections, it is possible to take place in the year 2015, if the Central Bank has provided the required guarantees."

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    Central Bank Governor Ali al-Alak announced on Wednesday the completion of the national strategy to combat money laundering to finance terrorism, stressing that it will be transferred soon to the Council of Ministers for approval.

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    The government denied the reduction of salaries of employees .. And Abadi is preparing to fight corruption and promote the economy

    Abadi seeks to declare 2018 years of economic prosperity and the eradication of corrupt.

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    I can't find the article right now but I remember that monetary reform will coincide with economic reform.  

    Found it:

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    Here is another on controlling all the borders applying tariffs and deleting zeros:

    The government resorted to «restrict» import movement to support local product and prevent «money laundering»

    Informed sources in the Iraqi Central Bank revealed that the government wants to control the "money laundering" through the "restriction" import movement and prevent the importation of certain goods which are made ​​locally, high salinity that the dollar exchange rate "is intended to force the merchants to promote local industry ", as pointed out that this rise" will remain until the completion of the project to delete the zeros of the local currency and the issuance of large cash categories to make the dinar strong or other currencies ", but the Finance Committee in the House of Representatives warned that the deletion process" requires big money can not be for Iraq provided in the current time.

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    Where is the big money coming  for the deletion process?......depositors.  :)

    Here is a question to consider.  Can Iraq wait another year to start economic development? 


    Last edited by Proven on Mon 20 Nov 2017, 8:11 pm; edited 2 times in total
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    mochasmom
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    (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys - Page 2 Empty Re: (CB) Secretariat of the Council of Ministers: Localization of salaries aims to reform the salary sys

    Post by mochasmom Thu 16 Nov 2017, 11:53 am

    Looks like they are waiting for new year, and not another year or Isis will rear it's ugly head again. Oil looks good, too. Someone keep checking that new currency sight, looking for those lower denoms! Thanks Proven and Rocky!!!
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    Post by Diamond Thu 16 Nov 2017, 12:35 pm

    Proven, again thank you, this is a major step for their economy  banna3 banna2
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    • Post n°16

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    Post by Stevethebrit Thu 16 Nov 2017, 12:39 pm

    As usual, an excellent breakdown of facts. Nice job Proven.
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    • Post n°17

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    Post by Neno Thu 16 Nov 2017, 2:03 pm

    thumbs2
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    ron-man
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    • Post n°18

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    Post by ron-man Thu 16 Nov 2017, 3:56 pm

    This is very good news at this point.God be with us all.
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    weslin3
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    Post by weslin3 Thu 16 Nov 2017, 4:18 pm

    Wow!! Thanks Proven... Things are moving...
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    Post by ahill Thu 16 Nov 2017, 6:11 pm

    Thanks Proven.
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