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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


The Central Bank: We are working to reform government banks and support the establishment of the Gen

rocky
rocky
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The Central Bank: We are working to reform government banks and support the establishment of the Gen Empty The Central Bank: We are working to reform government banks and support the establishment of the Gen

Post by rocky Wed 22 Sep 2021, 7:21 am

The Central Bank: We are working to reform government banks and support the establishment of the Generations Fund

  •  Time: 09/22/2021 14:30:08
     
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{Local: Al-Furat News} Central Bank Governor Mustafa Ghaleb Makheef said, on Wednesday, that we are working to reform government banks and support the establishment of the Generations Fund
The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, participated in the financial and banking services exhibition held in Baghdad this Wednesday, along with the Minister of Finance and a number of representatives of the banking and financial sector.
He stressed during his speech, "The Central Bank has an important role in achieving macroeconomic balance through various monetary policy tools, especially after the financial and economic challenges that Iraq faced," noting that "this bank, in order to stimulate economic activity and reduce unemployment, launched an initiative in the amount of more than 5 trillion dinars, in addition to the previous initiative launched in 2015, as well as the central bank’s deduction of treasury transfers 2020 and 2021 for the necessary financing for the Ministry of Finance, despite the increase in debt and the negative impact, but the historical necessity requires that.” 
The governor stressed that "the central bank is working with the Ministry of Finance to reform government banks, enhance financial inclusion and develop infrastructure for technical services and cybersecurity."
The governor concluded, "The Central Bank supports the establishment of a sovereign fund for future generations, in which state institutions and oil revenues contribute." Noting that "the presence of this fund mitigates the potential risks in light of oil price fluctuations and contributes to building a secure future for future generations."
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rocky
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The Central Bank: We are working to reform government banks and support the establishment of the Gen Empty THE GOVERNOR OF THE CENTRAL BANK TALKS ABOUT THE GENERATIONS FUND AND CONFIRMS THE EFFORTS TO REFORM

Post by rocky Wed 22 Sep 2021, 8:12 am

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Economie

[size=38]THE GOVERNOR OF THE CENTRAL BANK TALKS ABOUT THE GENERATIONS FUND AND CONFIRMS THE EFFORTS TO REFORM THE BANKING SECTOR[/size]


Wednesday, September 22, 2021 2:44 PM
Baghdad/National News Center
Central Bank Governor Mustafa Ghaleb Makheif confirmed, on Wednesday, that the bank supports the establishment of a sovereign fund for generations, indicating that it mitigates the potential risks in light of oil price fluctuations and contributes to building a secure future for future generations.
In a speech during his participation in the Financial and Banking Services Exhibition, which was followed by the “National News Center,” he said, “The Central Bank has an important role in achieving macroeconomic balance through various monetary policy tools, especially after the financial and economic challenges that Iraq faced.”
He added, "This bank, in order to stimulate economic activity and reduce unemployment, launched an initiative with an amount of more than 5 trillion dinars, in addition to the previous initiative launched in the year 2015, as well as the central bank's deduction of treasury transfers 2020 and 2021 for the necessary financing for the Ministry of Finance despite the increase in debt and impact." negative, but historical necessity requires it.”
He stressed that “the Central Bank is working with the Ministry of Finance to reform government banks, enhance financial inclusion and develop infrastructure for technical services and cybersecurity.”
He concluded his speech by saying that "the Central Bank supports the establishment of a sovereign fund for future generations, in which state institutions and oil revenues contribute," noting that "the presence of this fund mitigates the potential risks in light of oil price fluctuations and contributes to building a secure future for future generations."
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