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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

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    The exchange rate, housing sector procedures, and 6 other files are the most prominent axes of hosti

    Rocky
    Rocky
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    The exchange rate, housing sector procedures, and 6 other files are the most prominent axes of hosti Empty The exchange rate, housing sector procedures, and 6 other files are the most prominent axes of hosti

    Post by Rocky Tue 22 Jun 2021, 2:15 pm

    [size=30]The exchange rate, housing sector procedures, and 6 other files are the most prominent axes of hosting the Governor of the Central Bank
    [ltr]06.22.2021 - 16:55[/ltr]
    [/size]
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    On Tuesday, Central Bank Governor Mustafa Ghaleb Mikhaif revealed the launch of an initiative worth 5 trillion to contribute to moving the housing sector.  
      
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    The Media Department of the House of Representatives stated, in a statement, that “Nass” received a copy of it, (June 22, 2021), that “the Finance Committee headed by Representative Haitham Al-Jubouri, Chairman of the Committee, and the presence of its members and a number of members of other parliamentary committees, hosted, on Tuesday, the Governor of the Central Bank, Mustafa Ghaleb Scary and Deputy Governor Ammar Hamad Khalaf.  
    The periodic meeting, which took place at the headquarters of the Finance Committee, discussed, according to the statement, "the steps that the Central Bank promised to implement to reduce the repercussions and effects of changing the exchange rate, the issue of selling the currency and confronting the process of its depletion and ways to preserve and invest it properly."  
    The statement indicated that the Finance Committee "discussed the projects, plans and loans that the bank promised to implement after changing the currency exchange rate, as the committee stressed the need to adhere to those promises and the speed of their implementation, in particular those that contribute to the employment of unemployed youth and support the housing, industry and agricultural sectors, support the local product and ease restrictions." and routine procedures.  
    The statement continued, "The committee discussed the issue of electronic linkage between the ministries of commerce and finance, the customs and tax authorities with the Central Bank, as well as the automation of procedures at border crossings, stressing the need for the government to fulfill its duty towards this, as indicated by the Finance Committee and the House of Representatives through the Budget Law for 2021."  
    The Finance Committee called on the Central Bank to “take the strongest strict measures regarding banks that violate the controls, confirming its support for the bank in this regard, since the current period requires concerted efforts between all authorities,” directed by “hosting the Minister of Finance to discuss what was presented in the hosting and discuss a number of issues of concern.” the economic reality of the country.  

    For his part, the central bank governor provided, according to the statement, a clarification on “what the bank has taken and the steps it seeks to take to reduce the negative effects of changing the exchange rate,” revealing at the same time “the launch of an initiative worth 5 trillion, in addition to contributing to moving the housing sector to complete the complexes.” The housing stock that was on hold, as well as the imminent issuance of bonds that would enable citizens to invest their money.”

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