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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


    Central Bank: The adequacy of Iraq's financial reserve reached 160 percent

    Rocky
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     Central Bank: The adequacy of Iraq's financial reserve reached 160 percent Empty Central Bank: The adequacy of Iraq's financial reserve reached 160 percent

    Post by Rocky Sun 21 Jan 2018, 2:42 am

     Central Bank: The adequacy of Iraq's financial reserve reached 160 percent





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    The Governor of the Central Bank of Iraq Ali al-Alaq, that the adequacy of the Iraqi financial reserve amounted to 160% according to the criteria set by the International Monetary Fund, indicating that the criteria and conditions set by the Fund in dealing with Iraq was an agreement between the parties and not dictates from one party to another. 
    "The joint financial reform program with the IMF aims to improve financial management and fiscal discipline by controlling expenditures and increasing revenues, and we are keen to implement reforms in all our institutions and ministries," al-Aalak told a news conference in Najaf, . 
    "We are working on the development of certain objectives and programs in agreement with the International Monetary Fund to improve the financial situation and prevent a financial crisis in the future."
    "There is a positive relationship between the improvement in oil prices and the financial situation of the country, and today this improvement was reflected directly on the revenues of the state." 
    "However, this improvement does not mean a return to uncontrolled spending or financial actions that are not calculated far away, and that the increase will go to pay the result of Iraq's domestic debt, including towards investment projects." 
    "We are keen and careful to monitor the level of reserve cash and with us the international organizations and the International Monetary Fund, so that the reserve does not fall below the required international standard or standard," he said. 
    He added that "





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     Central Bank: The adequacy of Iraq's financial reserve reached 160 percent Empty Central Bank: The adequacy of Iraq's financial reserve reached 160 percent

    Post by Rocky Sun 21 Jan 2018, 3:01 am


    Central Bank: The adequacy of Iraq's financial reserve reached 160 percent

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    Information / Najaf ..
    The governor of the Central Bank of Iraq Ali al-Alaq, Saturday, that the adequacy of Iraq's financial reserve amounted to 160% according to the criteria set by the International Monetary Fund, noting that "the criteria and conditions set by the Fund in dealing with Iraq was an agreement between the parties and not dictates by one party "He said.
    "The joint fiscal reform program with the IMF aims to improve financial management and fiscal discipline by controlling expenditures and increasing revenues, and we are keen to implement reforms in all our institutions and ministries," al-Alak told a news conference in Najaf.
    "We are working on the development of certain objectives and programs in agreement with the International Monetary Fund to improve the financial situation and prevent a financial crisis in the future."
    "There is a positive relationship between the improvement in oil prices and the financial situation of the country, and today this improvement was reflected directly on the revenues of the state."
    "However, this improvement does not mean a return to uncontrolled spending or financial actions that are not calculated far away, but that the increase will go to pay the result of Iraq's domestic debt, including towards investment projects."
    "We are keen and careful to monitor the level of reserve cash and with us the international organizations and the International Monetary Fund, so that the reserve does not fall below the required international standard or standard," he said.
    He added that "the Iraqi cash reserves did not fall and remained above the required rate and the reserve adequacy ratio in Iraq reached 160% according to international standards set by the International Monetary Fund, as reported in the latest bulletin of the Fund."



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     Central Bank: The adequacy of Iraq's financial reserve reached 160 percent Empty Central Bank: Iraq's financial reserves reached 160%

    Post by Rocky Sun 21 Jan 2018, 3:40 am

    Central Bank: Iraq's financial reserves reached 160%
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    BAGHDAD / The governor of the Central Bank of Iraq Ali Alaq, Saturday, that the adequacy of the Iraqi reserve financial reached 160% according to the standards set by the International Monetary Fund, indicating that "the criteria and conditions set by the Fund in dealing with Iraq was an agreement between the parties and not dictates From one party to another. "
     
     "The joint financial reform program with the IMF aims to improve financial management and fiscal discipline by controlling expenditures and increasing revenues, and we are keen to implement reforms in all our institutions and ministries," Al-Aalak told a news conference in Najaf.
     
    "We are working on the development of certain objectives and programs in agreement with the International Monetary Fund to improve the financial situation and prevent a financial crisis in the future."
     
    "There is a positive relationship between the improvement in oil prices and the financial situation of the country, and today this improvement was reflected directly on the revenues of the state."
     
    "However, this improvement does not mean a return to uncontrolled spending or financial actions that are not calculated far away, but that the increase will go to pay the result of Iraq's domestic debt, including towards investment projects."
     
    "We are keen and careful to monitor the level of reserve cash and with us the international organizations and the International Monetary Fund, so that the reserve does not fall below the required international standard or standard," he said.
     
    He added that "the Iraqi cash reserves did not fall and remained above the required rate and the reserve adequacy ratio in Iraq reached 160% according to international standards set by the International Monetary Fund, as reported by the latest bulletin of the Fund.
     
    "The branch will serve as a branch of the Middle Euphrates region and will provide facilities and financial transactions that have been linked to the center of the capital. The branch will also serve as a center for studies, training and rehabilitation of youth cadres from the province to prepare them for employment and work," he said.






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