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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


    Senior officials of the Ministry of Finance and banks study the mechanisms of managing the financial

    Rocky
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    • Post n°1

    Senior officials of the Ministry of Finance and banks study the mechanisms of managing the financial Empty Senior officials of the Ministry of Finance and banks study the mechanisms of managing the financial

    Post by Rocky Tue 05 May 2020, 6:38 am

    Senior officials of the Ministry of Finance and banks study the mechanisms of managing the financial crisis in the country
    by [You must be registered and logged in to see this link.][You must be registered and logged in to see this link.]2 Hours ago
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    Mr. Fuad Hussein, Deputy Prime Minister for Economic Affairs and Minister of Finance, this morning, May 4, presided over an expanded supplementary meeting in the presence of Mr. Ali Al-Alaq, Governor of the Central Bank, Undersecretary of the Ministry of Planning, and directors of Al-Rafidain and Al-Rashid Banks and the Iraqi Bank for Trade. And public debt, in order to complete government efforts in examining mechanisms to improve the economic and financial situation in order to secure the needs of the country, especially in advance of May's allocations in light of the continuing decline in oil prices.
    The current cash liquidity situation deposited by the government in banks and organizations that generate annual profits was studied and how to restructure these funds and use them to bridge the current shortfall to secure the salaries of Iraqi state employees, and the meeting discussed the government's obligations to pay internal and external debts in addition to the need to finance some government institutions, Due to the peculiarity of its work.
    In another axis of the meeting, they discussed how to provide legal cover or urgent legislative decision to secure the cash liquidity required for the future, whether by borrowing internally or externally to fill the shortfall in the financing process.
    Mr. Fouad Hussein and Mr. Governor also stressed the need to overcome all obstacles and speed up framing immediate solutions to remedy the financial situation in the country. As the meeting reached the possibility of walking and advancing through internal solutions at the present time, provided that the government will consider other options in the coming months.


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