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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


5 posters

    Saleh: The sovereign wealth fund will see the light next year

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 268659
    Join date : 2012-12-21

    Saleh: The sovereign wealth fund will see the light next year Empty Saleh: The sovereign wealth fund will see the light next year

    Post by Rocky Sun Oct 14, 2018 12:08 pm

    Saleh: The sovereign wealth fund will see the light next year


    [You must be registered and logged in to see this image.]

    The Financial Advisor to the Prime Minister confirmed the appearance of Mohammed Salih on Sunday that the sovereign wealth fund will be launched next year after the implementation of the law of the National Oil Company, noting that the fund will be used for development purposes directly.
    Saleh said in an interview with "Economy News" that "most countries that achieve surplus balance of payments due to the export of natural resources are working to establish a sovereign fund," noting that "the Fund is used to diversify and absorb financial returns over time and for development purposes and reduce the unemployment rate and end the crisis Living ".
    He noted that "the sovereign wealth fund will see the light after the implementation of the law of the National Oil Company during the next year."
    He added that "the fund's resources will be diversified among stocks, bonds, real estate and others," adding that "the sovereign fund will be linked to the government in general, and the Supreme Finance Committee to take over under the supervision and control of the Office of Financial Supervision and the Finance Committee in the House of Representatives." 
    He noted that "there are more than 90 sovereign funds around the world at present, with a financial balance of 20 trillion dollars."
    Saleh stressed the need to invest the funds of the Fund to run government companies that have been stalled since 2003 to take advantage of their revenues to rotate the Iraqi economy.
    While the economist Abdul Jalil al-Rubaie, earlier through "Economy News", called on the government to establish a "generation fund" of the surplus of previous and subsequent budgets to address the economic and political crises in the country.
    "The fund is implemented globally by Arab and foreign countries and the funds are allocated from the surplus of previous budgets to cope with economic crises," Rubaie said.
    MP Majida al-Tamimi, revealed earlier, the total actual oil revenues achieved during the year 2018 for the period from January to the end of September, which amounted to (60.436) trillion dinars.

    [You must be registered and logged in to see this link.]
    Diamond
    Diamond
    Interacting Investor
    Interacting Investor


    Posts : 2206
    Join date : 2012-12-23

    Saleh: The sovereign wealth fund will see the light next year Empty Re: Saleh: The sovereign wealth fund will see the light next year

    Post by Diamond Sun Oct 14, 2018 12:33 pm

    When the HCL is done? hmmm, imagine dat
    weslin3
    weslin3
    Interacting Investor
    Interacting Investor


    Posts : 7463
    Join date : 2012-12-19

    Saleh: The sovereign wealth fund will see the light next year Empty Re: Saleh: The sovereign wealth fund will see the light next year

    Post by weslin3 Sun Oct 14, 2018 12:45 pm

    Couldn't they turn on a dimmer switch earlier???  lol!
    Diamond
    Diamond
    Interacting Investor
    Interacting Investor


    Posts : 2206
    Join date : 2012-12-23

    Saleh: The sovereign wealth fund will see the light next year Empty Re: Saleh: The sovereign wealth fund will see the light next year

    Post by Diamond Sun Oct 14, 2018 12:49 pm

    earlier? lol! lol! lol! lol! lol! lol! lol!
    weslin3
    weslin3
    Interacting Investor
    Interacting Investor


    Posts : 7463
    Join date : 2012-12-19

    Saleh: The sovereign wealth fund will see the light next year Empty Re: Saleh: The sovereign wealth fund will see the light next year

    Post by weslin3 Sun Oct 14, 2018 12:57 pm

    Diamond wrote:earlier? lol! lol! lol! lol! lol! lol! lol!
    It isn't nice to laugh at people.... geek
    Diamond
    Diamond
    Interacting Investor
    Interacting Investor


    Posts : 2206
    Join date : 2012-12-23

    Saleh: The sovereign wealth fund will see the light next year Empty Re: Saleh: The sovereign wealth fund will see the light next year

    Post by Diamond Sun Oct 14, 2018 1:01 pm

    Iraq an early does fit  bighug
    The author of this message was banned from the forum - See the message
    Lobo
    Lobo
    Moderator
    Moderator


    Posts : 28411
    Join date : 2013-01-12

    Saleh: The sovereign wealth fund will see the light next year Empty Re: Saleh: The sovereign wealth fund will see the light next year

    Post by Lobo Sun Oct 14, 2018 4:15 pm

    I thought the HCL was done and the funds were to be distributed in September of this year.

    306 306 306

    Sponsored content


    Saleh: The sovereign wealth fund will see the light next year Empty Re: Saleh: The sovereign wealth fund will see the light next year

    Post by Sponsored content


      Current date/time is Mon Apr 22, 2024 6:17 pm