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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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The Central Bank: Financing projects is related to their developmental importance

rocky
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The Central Bank: Financing projects is related to their developmental importance Empty The Central Bank: Financing projects is related to their developmental importance

Post by rocky Thu 16 Sep 2021, 7:16 am

The Central Bank: Financing projects is related to their developmental importance

  •  Time: 09/16/2021 08:09:38
     
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{Economic: Al Furat News} The Central Bank of Iraq confirmed that the process of financing project loans is related to their importance in the development of the Iraqi economy, and that the bank conducts a periodic review of lending mechanisms according to the requirements of economic and financial conditions.
An authorized source in the bank said in a press interview, "The competent committee is setting up a loan granting mechanism, directing the lending policy to support small, medium and large projects in a manner that serves the goals of economic development in Iraq, and approving development projects submitted by banks that aim to (reduce the import of goods and products and provide More job opportunities for young people and the establishment of a developed local industry).
He added, "Our policy supports and encourages the establishment of industrial and agricultural cities to diversify sources of income in the Iraqi economy, and works to simplify the procedures for approving the establishment of projects subject to the approval of the relevant government agencies." 
He added, "This committee is also working on reviewing lending mechanisms and guidance on amending them according to the requirements of the economic and financial conditions that the Iraqi economy is going through, and the committee has the power to host representatives from the private sector to participate in its meetings and form technical teams to discuss the implementation of loans." 
Regarding the priorities of granting the loan for strategic projects and whether the loans are limited to projects with an investment dimension, the source explained that “the priorities of the loan for strategic projects are summed up in the extent of the project’s impact on the economic development process and reduce unemployment by attracting various segments of society in various sectors to ensure acceleration of the wheel Sustainable development for the economy to recover and its sources of income to be diversified, and project financing is not limited to the investment dimension only, but the funding goes to granting housing loans for the purpose of facilitating the requests of citizens wishing to purchase housing units inside and outside investment housing complexes.
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The Central Bank: Financing projects is related to their developmental importance Empty The Central Bank clarifies the mechanism for granting loans and financing projects, and its procedur

Post by rocky Thu 16 Sep 2021, 7:27 am

[size=36]The Central Bank clarifies the mechanism for granting loans and financing projects, and its procedures to prevent the circulation of counterfeit currency[/size]

Economie| 08:00 - 16/09/2021

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Baghdad - Mawazine News
The Central Bank of Iraq clarified, on Thursday, the mechanism for financing project loans, pointing to the development of measures to prevent the circulation of counterfeit currency.
An authorized source in the bank said, according to what was reported by the official newspaper, that "the competent committee is setting up a mechanism for granting loans, directing the lending policy to support small, medium and large projects in a way that serves the goals of economic development in Iraq, and approving development projects submitted by banks that aim to (reduce import of imports). goods and products, providing a greater number of job opportunities for young people, and establishing a developed local industry).
He added, "Our policy supports and encourages the establishment of industrial and agricultural cities to diversify sources of income in the Iraqi economy, and works to simplify procedures for approving the establishment of projects subject to the approval of the relevant government agencies." 
He continued: "This committee is also working on reviewing the lending mechanisms and guidance on amending them according to the requirements of the economic and financial conditions that the Iraqi economy is going through, and the committee has the power to host representatives from the private sector to participate in its meetings and form technical teams to discuss the implementation of loans."  
Regarding the priorities of granting the loan for strategic projects, and whether loans are limited to projects with an investment dimension, the source explained, "
Regarding the measures of the Central Bank of Iraq to prevent the circulation of counterfeit currency and to coordinate with the security authorities to monitor the promoters of counterfeit currency, the source said: “The Issuance and Treasury Department in the Central Bank of Iraq is working through the (Currency Examination and Counterfeiting Monitoring) section to intensify cooperation and coordination with the security and judicial authorities to limit Counterfeiting operations, monitoring everything related to them through the media, following up on the news of the relevant authorities and categorizing them in a database to benefit from when needed.
And he indicated that "the bank is working on preparing statistics and reports on the counterfeit papers received by this bank and analyzing them to identify the target groups and the places where counterfeiting operations are likely to occur and the parties that practice them and provide the competent authorities with information." The security signs of real papers and how to detect forgery of papers in cooperation with the security and judicial authorities within a program prepared for this purpose.
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The Central Bank: Financing projects is related to their developmental importance Empty In the document.. the central bank directs government banks to continue granting 15 million loans to

Post by rocky Thu 16 Sep 2021, 7:30 am

[size=36]In the document.. the central bank directs government banks to continue granting 15 million loans to two categories[/size]

political| 03:24 - 09/16/2021

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Baghdad - Mawazine News
, Member of Parliament, Representative Jamal Al-Muhammadawi confirmed, on Thursday, that the Central Bank of Iraq directed the banks (Al-Rafidain - Al-Rasheed - Al-Iraqi Trade) to continue receiving customer requests regarding easy personal loans.
Al-Muhammadawi said in a statement received by Mawazine News, a copy of it: “Many appeals were received to us stating that government banks did not comply with the Central Bank Board of Directors’ decision No. (9) for the year (2021) to grant the segment of workers in state institutions, the public sector and local security institutions their salaries. Various banks have personal loans worth (15 million dinars) from the initiative of the Central Bank of Iraq (1) trillion dinars.
He added: "We addressed the Central Bank with the necessity of confirming and following up on the banks to abide by the bank's decisions regarding these loans, and based on our communications, the Central Bank responded and emphasized the banks (Al-Rafidain - Al-Rasheed - Al-Iraqi Trade) to continue receiving citizens' requests regarding easy personal loans." Ended 29/A43
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The Central Bank: Financing projects is related to their developmental importance Empty The Central Bank: Financing projects is related to their developmental importance

Post by rocky Thu 16 Sep 2021, 7:37 am

[size=52]The Central Bank: Financing projects is related to their developmental importance[/size]

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[size=45]Baghdad: Hazem Muhammad Habib[/size]
[size=45]The Central Bank of Iraq confirmed that the process of financing project loans is related to their importance in the development of the Iraqi economy, and that the bank conducts a periodic review of lending mechanisms according to the requirements of economic and financial conditions.
An authorized source in the bank said: “The competent committee is setting up a mechanism for granting loans, directing the lending policy to support small, medium and large projects in a way that serves the goals of economic development in Iraq, and approving development projects submitted by banks that aim to (reduce the import of goods and products and provide a greater number of Job opportunities for youth and the establishment of a developed local industry).
He added, "Our policy supports and encourages the establishment of industrial and agricultural cities to diversify sources of income in the Iraqi economy, and works to simplify procedures for approving the establishment of projects subject to the approval of the relevant government agencies."
He added, "This committee is also working on reviewing lending mechanisms and guidance on modifying them according to the requirements of the economic and financial conditions that the Iraqi economy is going through, and the committee has the power to host representatives from the private sector to participate in its meetings and form technical teams to discuss the implementation of loans."
Regarding the priorities of granting the loan for strategic projects and whether the loans are limited to projects with an investment dimension, the source explained that “the priorities of the loan for strategic projects are summed up in the extent of the project’s impact on the process of economic development and reducing unemployment by attracting various segments of society in various sectors to ensure the acceleration of the wheel Sustainable development for the economy to recover and the sources of income to be diversified, and project financing is not limited to the investment dimension only, but the funding goes to granting housing loans for the purpose of facilitating the requests of citizens wishing to purchase housing units inside and outside investment housing complexes.[/size]
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The Central Bank: Financing projects is related to their developmental importance Empty The Central Bank: Financing projects is linked to their developmental importance

Post by rocky Thu 16 Sep 2021, 7:47 am

 The Central Bank: Financing projects is linked to their developmental importance

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The Central Bank of Iraq confirmed, on Thursday, that the process of financing project loans is linked to their importance in the development of the Iraqi economy, and that the bank conducts a periodic review of lending mechanisms according to the requirements of economic and financial conditions.
An authorized source in the bank said, in an interview reported by the official newspaper “Al-Sabah” and seen by “Al-Iqtisad News”, that “the competent committee is setting up a mechanism for granting loans, directing the lending policy to support small, medium and large projects in a manner that serves the goals of economic development in Iraq, and approving development projects. Lifted by banks, which aims to (reduce the import of goods and products, provide a greater number of job opportunities for young people and establish a developed local industry).
He added, "Our policy supports and encourages the establishment of industrial and agricultural cities to diversify sources of income in the Iraqi economy, and works to simplify procedures for approving the establishment of projects subject to the approval of the relevant government agencies."
He added, "This committee is also working on reviewing lending mechanisms and guidance on amending them according to the requirements of the economic and financial conditions that the Iraqi economy is going through, and the committee has the power to host representatives from the private sector to participate in its meetings and form technical teams to discuss the implementation of loans."
Regarding the priorities of granting the loan for strategic projects and whether the loans are limited to projects with an investment dimension, the source explained that “the priorities of the loan for strategic projects are summed up in the extent of the project’s impact on the economic development process and reduce unemployment by attracting various segments of society in various sectors to ensure acceleration of the wheel Sustainable development for the economy to recover and its sources of income to be diversified, and project financing is not limited to the investment dimension only, but the funding goes to granting housing loans for the purpose of facilitating the requests of citizens wishing to purchase housing units inside and outside investment housing complexes.
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