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


2 posters

    AE: the Government does not have the right to borrow from the Reserve Bank

    Hkp1
    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19
    • Post n°1

    AE: the Government does not have the right to borrow from the Reserve Bank Empty AE: the Government does not have the right to borrow from the Reserve Bank

    Post by Hkp1 Sat 23 Feb 2013, 11:03 pm

    AE: the Government does not have the right to borrow from the Reserve Bank

    Date: Saturday, 23-02-13 07: 59 pm

    Shallah called restore funds the Central Bank from the Government!

    Baghdad-Maen Hasan

    Surprised
    former MP Wael Abdul Latif told deputy state law on Alfalh which called
    on the government to restore central bank money that has been withdrawn
    from the bank in the form of advances.

    Said Abdul Latif's (citizen)
    said on Saturday that «permit MP Ali Alfalh about demanding the
    government retrieves amounts up to     $
    36 billion taken from the central bank by the government in the form of
    advances not liquidated so far by Maakdth sources from within the
    central bank has raised surprised Landry Mahzh money is of central bank
    reserves? And when it was withdrawn?

    «He
    explained Abdul Latif« if we accept that the government had withdrawn a
    certain amount from the central bank may have withdrawal from the match
    in accordance with (dfa) and the refund being linked budget for
    spending either by any other method Flaajos never withdraw any amount
    from the Iraqi Central Bank also has no right to the government
    borrowing the

    reserves of the bank, which currently stands $ 60 billion, according to
    the Central Bank Law No. 56 of 2004 and in accordance with article 26,
    «said Abdul Latif that he had investigated this topic, but he did not
    reach the truth at the present time about what this government borrowing
    from her part, expert Economic d.

    Peace
    Sumaisem that the government can not legally be played by borrowing
    from the central bank and not possess any right or legal or
    constitutional Bay borrowing from Central Bank reserves and said
    Smeisim's (citizen) yesterday that «what was said MP Ali Alfalh about
    the need to recover the money that has been withdrawn government from
    the bank Central
    surprisingly «and wondered Sumaisem how dragged the government of the
    bank and for any reason, under any legal justification«

    The MP Ali
    Alfalh had stressed in a statement quoted Euphrates News on Saturday on
    the need to restore money the central bank, which dragged the government
    of the bank in the form of advances.

    Said
    Alfalh told «Euphrates News» Saturday that «state funds can not be
    waived and can not be canceled in any form«, indicating that »debt
    cancellation needs to law and these debts must recover and return to
    edema Central Bank».

    Added « should
    not be any obstacle to the Iraqi Central Bank to restore those debts,
    and the bank recover the money as public funds can not be waived ».

    Sources from within the central bank« that there are more than $ 36
    billion taken from the central bank by the government on form of advances not liquidated so far.

    [You must be registered and logged in to see this link.]
    • Back to top
    Neno
    Neno
    Neno
    Admin
    Admin


    Posts : 10948
    Join date : 2012-12-17
    Age : 61
    Location : Lone Star State
    • Post n°2

    AE: the Government does not have the right to borrow from the Reserve Bank Empty Re: AE: the Government does not have the right to borrow from the Reserve Bank

    Post by Neno Sun 24 Feb 2013, 10:12 am

    Personally, I think there is way more in RESERVES than they are making it look like buy these reported figures in these argumentation BS statements. I think it is all made of propaganda cause the figures are always different by a noticeable amount. This is not even to mentions the dollars they get from the Federal Reserve that will never be proven or claimed in a audit. Proven and I were discussing this last night and I believe his and my speculation about this is correct. Never total believe what you read and nothing that you hear... ;)
    • Back to top
      Current date/time is Fri 08 Nov 2024, 10:11 am