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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


    money and business

    Rocky
    Rocky
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    Posts : 267043
    Join date : 2012-12-21

    money and business Empty money and business

    Post by Rocky Tue 21 Nov 2017, 1:31 am

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    money and business




     International investigators report the involvement of dozens of officials to waste money through the auction of currency 
    A source close to Prime Minister Haider al-Abadi said on Monday that the international team investigating corruption files in Iraq, Abadi told the involvement of dozens of Iraqi officials to waste public money and stolen through the dollar auctions of the bank Central Iraq. 
    The source said in an interview, "The investigations revealed that Iraq is wasting large amounts of money, sometimes amounting to one billion dollars per day, because of the difference between the dinar exchange rate between the auction and the black market."
    He added that "the auction was not controlled because of the entry of banks not approved daily auctions and benefit from the exchange rate without realistic processors, in addition to the introduction of ten companies and the transfer of money in auctions, without effective control," noting that "most of the banks owned by Iraqi officials or They have large shares in them, and that entering the auction means raising the capital of the bank ten times a year at the expense of blocking the dollar at the price of the state for the ordinary citizen. 
    The source added that "the team informed the Prime Minister, Haider Abadi, the completion of the investigation of the auction file, and disclosure of funds deposited in foreign banks to dozens of Iraqi officials."
    He stressed that "Abbadi directed the Central Bank to adopt international classifications to give banks the dollar and engage in auctions, in exchange for maintaining the dollar exchange rate, which remained stable at 1180 dinars to the dollar," pointing out that "the Central Bank is currently taking procedures to write off 24 out of 42 A bank involved in daily auctions to sell the dollar. "
     

    انخفاض October 
    inflation rate fell 0.1% The Ministry of Planning announced on Monday that the rate of inflation for the month of October last 0.6%, while the annual inflation rose by 0.1%, noting that the survey did not include the provinces of Anbar and Nineveh because of the security situation In them. 
    Ministry of Planning spokesman Abdul-Zahra al-Hindawi said in a press statement that "the Central Bureau of Statistics of the Ministry of Planning completed the inflation report for the month of October 2017 based on collecting data on the field of prices of goods and services component of the consumer basket of selected sample outlets in the provinces of Iraq All ", indicating that" these rates are calculated from goods and services that include food, rent, transport, telecommunications, health, education and other consumer-bought. "
    Al Hindawi added that "inflation indicators for the month of October last, decreased by 0.6% compared to the previous month, pointing out that the decline was the result of the decline in prices of food and non-alcoholic beverages by 0.1% and the prices of clothing and shoes by 0.2% By 1.8%, in addition to the decline of the prices of entertainment and culture by 1.7%, as well as the Department of miscellaneous goods and services by 0.5%. 
    He explained that "annual inflation for the month of October to 0.1% compared with the same month of 2016," noting that "core inflation fell by 0.7% during the month of October compared to the previous month, while rose by 1.1% compared to the same month of 2016 ". 
    He said Hindawi that "the survey, which was conducted during the month of October, did not include the provinces of Anbar and Nineveh because of the security situation in these provinces."
    The Center for Statistics and Information Technology announced in January 2012 that it has started to use mechanization to collect different prices and specific time periods instead of the paper form used in the past, stressing that this will contribute to the speed of collection and accuracy of prices and correct their calculation in case of errors.



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