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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


4 posters

    Central Bank Governor: Inflation rate does not exceed 2%

    Rocky
    Rocky
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    Central Bank Governor: Inflation rate does not exceed 2% Empty Central Bank Governor: Inflation rate does not exceed 2%

    Post by Rocky Thu 26 Apr 2018, 3:37 pm

    [ltr]Central Bank Governor: Inflation rate does not exceed 2%[/ltr]
    [ltr]Economie[/ltr]
     Since 2018-04-26 at 19:03 (Baghdad time)
    [ltr][You must be registered and logged in to see this image.][/ltr]
    [ltr]Baghdad - Mawazine News[/ltr]
    [ltr]The governor of the Central Bank Ali Al-Alak, on Thursday, the arrival of total assets in banks operating in the country to 200 billion dollars, while he pointed out that the inflation rate in Iraq does not exceed 2%.[/ltr]
    [ltr]Al-Alak said in a speech at a meeting of "partnership in investment" in the Forum of investment opportunities and reconstruction in Iraq, "The cash credit provided by banks amounting to 30 billion dollars and weaken this figure of credit contract."[/ltr]
    [ltr]He added that "the central bank ordered the banks to amend the organizational structure and the establishment of risk units and combating money laundering and the financing of terrorism and others, and the bank has developed the payment system and will soon launch payment by mobile phone."[/ltr]
    [ltr]"Last year, we launched the unified system known as IBAN for all accounts. Iraq is one of the 47 countries in the world that implements this system, which facilitates the process of transferring money," he said.[/ltr]
    [ltr]He added that "MasterCard will establish a school in Iraq to develop young people to use credit cards and others," adding that "the inflation rate in Iraq does not exceed 2%."[/ltr]
    [ltr]He pointed out that "the coming period will witness a decline in the rate of inflation in Iraq after controlling the exchange rate and the abolition of the marginal price of the dollar and make it equal to the official price and this measure by the Central Bank supports the purchasing power of citizens and provides an important indicator for businessmen through the stability of the working environment."[/ltr]
    [ltr]He pointed out that "the dollar exchange rate is considered at the current stage is the best because it has become an ideal price and gives confidence to investors in maintaining the return of their activities."[/ltr]
    [ltr]On Thursday, the National Investment Commission signed agreements to establish investment projects with foreign and Arab companies during the Investment Opportunities Forum in Baghdad[/ltr]


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    noced71
    noced71
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    Central Bank Governor: Inflation rate does not exceed 2% Empty Re: Central Bank Governor: Inflation rate does not exceed 2%

    Post by noced71 Thu 26 Apr 2018, 4:28 pm

    "He pointed out that "the coming period will witness a decline in the rate of inflation in Iraq after controlling the exchange rate and the abolition of the marginal price of the dollar and make it equal to the official price and this measure by the Central Bank supports the purchasing power of citizens and provides an important indicator for businessmen through the stability of the working environment."


    Then he say this... 



    He pointed out that "the dollar exchange rate is considered at the current stage is the best because it has become an ideal price and gives confidence to investors in maintaining the return of their activities."


    can someone explain the double talk here? (wink wink)
    Lobo
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    Central Bank Governor: Inflation rate does not exceed 2% Empty Re: Central Bank Governor: Inflation rate does not exceed 2%

    Post by Lobo Thu 26 Apr 2018, 4:30 pm

    306
    weslin3
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    Central Bank Governor: Inflation rate does not exceed 2% Empty Re: Central Bank Governor: Inflation rate does not exceed 2%

    Post by weslin3 Thu 26 Apr 2018, 5:04 pm

    All I can say is they usually speak with a forked tongue... They don't even waste time putting out another article contradicting that article. Now they are just doing it all in one article. Trying to confuse ones.  lol!

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    Central Bank Governor: Inflation rate does not exceed 2% Empty Re: Central Bank Governor: Inflation rate does not exceed 2%

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