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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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    Controversy over changing the leadership of the Central Bank in Egypt

    Rocky
    Rocky
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    Posts : 280906
    Join date : 2012-12-21

    Controversy over changing the leadership of the Central Bank in Egypt Empty Controversy over changing the leadership of the Central Bank in Egypt

    Post by Rocky Sat 20 Aug 2022, 4:41 am

    POSTED ON2022-08-20 BY SOTALIRAQ

    [size=52]Controversy over changing the leadership of the Central Bank in Egypt[/size]

    [size=45]Controversy over changing the leadership of the Central Bank in Egypt 2022-08-19_23-33-51_081844[/size]
    [size=45]Cairo - Mostafa Emara[/size]
    [size=45]Economists underestimated the move to replace the head of the central bank in connection with a recovery in conditions and the currency that witnessed lower levels Its level touched against the dollar. Experts said that Egypt's economy cannot be lifted from its conditions by changing one or two officials, but there is a need To a work program adopted by an integrated government.[/size]
    [size=45]And Egyptian President Abdel-Fattah El-Sisi decided to appoint the prominent banker, Hassan Abdullah, as acting governor of the bank Central to succeed Tariq Amer, who was appointed advisor to the president.[/size]
    [size=45]And Egyptian presidential spokesman Bassam Radi announced in a brief statement Thursday that Sisi issued a "republican decision." Appointing Hassan Abdullah as Acting Governor of the Central Bank.[/size]
    [size=45]Radi added that Sisi met Abdullah and assured him “the need to develop monetary policies to keep pace with the Global economic changes, and work to provide a variety of sources of foreign exchange resources.”[/size]
    [size=45]The negotiations of the International Monetary Fund and its pressure to completely liberalize the exchange rate faltered, and the influence of the Fund within the banking system was one of the few The reasons that prompted Tariq Amer to resign, just as Amer was not satisfied with the state's policy regarding Related to selling public sector assets and opening the door to competing foreign goods, which led to the collapse of Weak Egyptian industries and agriculture, as directed d. Alia Al-Mahdi, former dean of the Faculty of Economics, blamed Tariq Amer for his statements that caused confusion and affected me The price of the pound rose, the price of the dollar increased, and the budget deficit led to more internal and external borrowing, which It was faced with increased printing of money, which led to more inflation.[/size]
    [size=45]http://www.sotaliraq.com/2022/08/20/%d8%ac%d8%af%d9%84-%d8%ad%d9%88%d9%84-%d8%aa%d8%ba%d9%8a%d9%8a%d8%b1-%d9%82%d9%8a%d8%a7%d8%af%d8%a9-%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d9%85%d8%b1%d9%83%d8%b2%d9%8a-%d8%a8%d9%85%d8%b5%d8%b1/[/size]

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