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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


    Al-Attar calls for issuing (LC-BG) to activate the Iraqi economy

    Rocky
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    Al-Attar calls for issuing (LC-BG) to activate the Iraqi economy Empty Al-Attar calls for issuing (LC-BG) to activate the Iraqi economy

    Post by Rocky Wed 19 Jun 2019, 6:35 am

    [size=35][size=35]Al-Attar calls for issuing (LC-BG) to activate the Iraqi economy[/size][/size]
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    Economie

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    2019-06-19 05:07
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    [size=18]BAGHDAD (Reuters) - Iraqi National Business Council member Ghadir al-Attar on Wednesday called for increased use of monetary tools to stimulate the national economy.


    Al-Attar said in a press statement today that "the provision of a strong reserve of cash and gold contribute to raising the balance of the Iraqi Central Bank of hard currency and encourage investors to issue bank credits LC, transfers TRANSACTIONS and bank guarantees BG, which will positively affect the revitalization of the Iraqi economy and development rates."






    Al-Attar added that "other factors that must be followed to contribute to the revitalization of the economy is the demand of investors and traders to place their deposits of cash and gold and bonds in government banks in order to provide cash and profits, which are about 8% of the value of the deposit and to maintain and secure them in those banks" . 

    "The importance of the government's adoption of a five-year development plan for the construction and rehabilitation of oil refineries, iron and steel plants and petrochemicals, in addition to fertilizers and dairy plants."

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