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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 Minister of Finance confirms the gradual recovery of the economy

    Rocky
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    • Post n°1

    The Minister of Finance confirms the gradual recovery of the economy Empty The Minister of Finance confirms the gradual recovery of the economy

    Post by Rocky Mon 7 Feb 2022 - 18:24


    [size=32][rtl]The Minister of Finance confirms the gradual recovery of the economy[/rtl]

    February 7, 2022
    [/size]
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    Al-Rafidain: There are no pensioners receiving salaries in Cairo
    The Minister of Finance confirms the gradual recovery of the economy
    Baghdad - time
    Al-Rafidain Bank denied that there are 80,000 retirees receiving their salaries in Cairo.
     He added, "What has been reported about the existence of such a number for retirees is inaccurate and incorrect information," noting that (the banking transactions of the Rafidain branch in Cairo are suspended due to the withdrawal of the license under the Law of the Central Bank of Egypt). He explained that (the Central Bank of Egypt demanded to increase the capital of the Rafidain branch in Cairo to 150 million dollars in return for its opening, and the management of the bank is studying the Egyptian proposal with the concerned authorities to approve or reject it).
    Meanwhile, the Bahr Al Uloom Forum for Dialogue awarded Minister of Finance Ali Abdul-Amir Allawi the Shield of Creativity and Excellence and a certificate of appreciation for the distinguished efforts he made during the short period of his assumption of the ministerial position.
     A statement received by (Al-Zaman) yesterday said that the forum’s activities aim to activate dialogue between the Iraqi elites and fill part of the vacuum that the arena suffers from in its various axes.
     He added that (the main objective of establishing such intellectual activities and meaningful dialogues is to produce a movement that helps create a moderate climate for the practice of political and economic work).
    change policy
    The forum witnessed the presentation of many of the articulated themes that His Excellency the Minister touched on, the most important of which is the policy of changing the exchange rate that guarantees the revival of the Iraqi economy by supporting the productive sectors in the private sector and discussing opinions and ideas related to the current economic reality, and ways to move from the current low level of productivity and income To a high level of productivity and income, which is done by addressing the factors that led to low labor productivity in Iraq, which in 2018 recorded less than half of what it was in the seventies of the last century due to the dominance of the unproductive public sector, in addition to the decline in the disposable goods sector For trading, and the negative effects of the non-competitive exchange rate of the Iraqi dinar - especially against the exchange rates of the currencies of Iraq's trading partners on the agricultural and basic industries sectors in Iraq over the past decades.It is reported that the reports of the World Bank, the International Monetary Fund and international organizations, confirmed that (the Iraqi economy began to recover gradually at the beginning of 2021, as the World Bank and the International Monetary Fund expected the growth of the Iraqi economy, as a result of the reform steps that the Iraqi government is working on, embodied in the white paper and its contents). The Agricultural Cooperative of the Ministry of Finance, warning him against dealing with exchange offices that give advances.
    The bank said in a statement yesterday, (we warn against dealing with banking offices or people who claim to promote advances and loans from the Agricultural Bank), indicating that (the bank has no relationship with these offices or people).
    He added (we have previously warned about such cases, and stressed not to review the banking offices on the pretext of obtaining advances, or dealing with the plaintiffs in this regard), noting (the importance of drawing attention to this matter and informing the general branches of the bank of the need to educate and alert citizens about the behavior of some weak-minded people). ). The bank called, (the public wishing to obtain the bank’s financial facilities from advances or loans to review the well-known official bank branches), Moka (the possibility of visiting the bank’s website to view the news and instructions related to the bank’s advances and loans available at the present time).
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