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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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    Governor of the Central Bank: Iraq's financial situation continues to improve

    Rocky
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    Governor of the Central Bank: Iraq's financial situation continues to improve Empty Governor of the Central Bank: Iraq's financial situation continues to improve

    Post by Rocky Mon 15 Jan 2018, 3:07 am

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    Governor of the Central Bank: Iraq's financial situation continues to improve


    Central Bank Governor Ali Al-Alak expressed his optimism on Monday about the country's financial
     situation, which is improving continuously.
    "The financial situation in the country has begun to improve markedly because of high oil prices and fiscal discipline of the country, which is better than it was in the past," al-Aalak said.
    "The state has great opportunities to improve control over government expenditures and increase non-oil revenues. There is still a step the government must take, but the financial commitment and discipline over the past period has been an important reason for the financial situation to be reversed," he said.
    He pointed out that "the position of the Central Bank during that period, which was working side by side with the government in order to overcome the embarrassing period that passed through Iraq."
    He pointed out that "the central bank's reserves are good and in a state of mobility." He pointed out that "the focus is on the level of adequacy of the reserve, according to the international standard for the local currency.



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    Rocky
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    Governor of the Central Bank: Iraq's financial situation continues to improve Empty Governor of the Central Bank of Iraq's financial situation continues to improve

    Post by Rocky Mon 15 Jan 2018, 11:18 am

    Governor of the Central Bank of Iraq's financial situation continues to improve




    January 15, 2018 68

    Governor of the Central Bank expressed on the Keywords, on Monday, optimism about the financial situation of the country, which is improving continuously, describing them as good bank stocks.

    Keywords and said that "the financial situation in the country began to improve significantly due to high oil prices and fiscal discipline of the state as it has become much better than in the past."

    "The state has significant opportunities to improve the control of government expenditure and increasing non-oil revenues and there is still a way for the government to go, but what has been achieved and commitment to financial discipline during the past period was an important reason to rectify the financial situation."

    He said, "the central bank's position during that period, which was working side by side with the government in order to overcome the period Lahrj that passed on Iraq."

    Keywords noted that "the stock of the Central Bank which is good in a moving case," noting that "the focus is on the level of adequacy of the reserve for the international standard admittedly local currency is still the bank reserve level sufficiently covers the local currency and more


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    Lobo
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    Governor of the Central Bank: Iraq's financial situation continues to improve Empty Re: Governor of the Central Bank: Iraq's financial situation continues to improve

    Post by Lobo Mon 15 Jan 2018, 11:34 am

    Thanks Rocky, I keyed in on the end of the articles -

    "He pointed out that "the focus is on the level of adequacy of the reserve, according to the international standard for the local currency."

    International standard - WOW, don't remember reading that before.
    fonz1951
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    Governor of the Central Bank: Iraq's financial situation continues to improve Empty Re: Governor of the Central Bank: Iraq's financial situation continues to improve

    Post by fonz1951 Mon 15 Jan 2018, 7:11 pm

     Iraq's financial situation continues to improve.and you'll see it improve so much it'll make you sick there ali baba if you'll revalue your currency.  hi

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    Governor of the Central Bank: Iraq's financial situation continues to improve Empty Re: Governor of the Central Bank: Iraq's financial situation continues to improve

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