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


    Adviser to the Prime Minister: Offering and selling government bonds to move idle money

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280892
    Join date : 2012-12-21
    • Post n°1

    Adviser to the Prime Minister: Offering and selling government bonds to move idle money Empty Adviser to the Prime Minister: Offering and selling government bonds to move idle money

    Post by Rocky Wed 06 Oct 2021, 6:51 am

    Adviser to the Prime Minister: Offering and selling government bonds to move idle money

    •  Time: 10/05/2021 21:54:10
       
    •  Reading: 1,521 times

    [You must be registered and logged in to see this image.]
      
    {Economist: Al Furat News} The economic advisor to the Prime Minister, Mazhar Muhammad Salih, commented, on Tuesday, about the government's motive for selling government bonds.
    The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
    Saleh told Al-Furat News that "with regard to the sale of government bonds, they are presented to the sector, the public and banks, such as legal persons, which include banks or natural personalities as members of society, and everyone has the right to purchase."
     He added, "Banks follow their policies, such as diversifying their financial surpluses by purchasing bonds and investment specified by the regulatory regulations, such as not increasing them by specific percentages of the capital."
    Saleh explained, "These policies do not fall under the category of money laundering, because they are considered financial crimes such as theft and theft of public money."
    He pointed out that "the goal of collecting money must be spent on development or improving the capital of banks that support citizens, such as industrial, agricultural, real estate and housing, so that inactive money becomes effective and contributes to moving the economy."
    A government source said yesterday, Monday, in a press statement, that most of the bonds offered by the government are bought by banks through their cash reserves with the Central Bank of Iraq, while citizens are satisfied with only one percent of those bonds.
    From time to time, the Central Bank issues bonds in favor of the Ministry of Finance, for the purpose of financing some public expenditures, as it recently issued construction bonds in denominations of 500 thousand dinars and one million dinars.
    From: Raghad Daham / Tah: Wafaa Al-Fatlawy
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sun 17 Nov 2024, 2:20 am