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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


    Central Bank initiatives.. Wide acclaim and tangible results for Iraq's economy

    Rocky
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    Central Bank initiatives.. Wide acclaim and tangible results for Iraq's economy Empty Central Bank initiatives.. Wide acclaim and tangible results for Iraq's economy

    Post by Rocky Wed 16 Nov 2022, 6:58 am

    [size=35][size=35]Central Bank initiatives.. Wide acclaim and tangible results for Iraq's economy[/size]
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    Economie

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    2022-11-16 | 07:11
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    Economists praised the initiatives of the Central Bank of Iraq and the tangible results it achieved on the economic ground, while pointing out that these initiatives created many job opportunities, especially those focused on real estate and housing.


    "The [url=https://www.alsumaria.tv/Entity/314357766/%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%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url] has tried during the last two years, and through its initiatives, to support public spending due to the absence of the general financial budget for the year 2021," said economist [url=https://www.alsumaria.tv/Entity/3957444297/%D8%B5%D9%81%D9%88%D8%A7%D9%86 %D9%82%D8%B5%D9%8A/ar/]Safwan Qusai[/url], in an interview with Alsumaria News.






    Qusai added, "The recent initiatives of the Central Bank have reduced unemployment and created a number of job opportunities."

    The economist pointed out that "most of the central bank's initiatives focused on the real estate and housing sector," expressing his hope that "the initiatives will expand throughout [You must be registered and logged in to see this link.]."

    In turn, the observer of economic affairs, [url=https://www.alsumaria.tv/Entity/1122780270/%D8%AD%D8%B3%D9%86 %D8%A7%D9%84%D8%AD%D8%A7%D8%AC/ar/]Hassan Al-Hajj[/url], believes that "the central bank's measures in dealing with the global economic crisis were very clear in a positive and professional manner, unlike what happened in many countries of the world, where we witnessed a significant increase in the bank's reserves of hard currency."
    [rtl]Related articles[/rtl]


    Al-Hajj added, in an interview with Alsumaria News, that "the Central Bank adopts flexible policies and plans that are consistent with all the variables of the economic situation in the local and global market, and it is in remarkable progress, especially with regard to the issue of containing cases of corruption or smuggling of currency that occurred in previous periods through an auction sale." Currency," pointing out that "[You must be registered and logged in to see this link.] has touched a clear decline in these breaches as a result of the new controls set by the Central Bank to contain these negative cases during the past six months, and we hope that they will be completely ended in the next stage."

    The researcher in economic affairs explained that "raising the exchange value of the dinar against the dollar, which had some negative repercussions on the citizen, but in the end it was positive to replenish the state's stock of currency to face crises, but in general it needs more strong government measures to support the fragile and middle classes, which can be actually achieved." In the event that the government draws up a coordinated policy and joint cooperation with the Central Bank in this file.

    And he continued, "The central bank's policy is in a significant improvement, and we expect that new measures will be taken by it during the coming months to ensure that the reserve level is maintained and developed to be a strategic reserve for the Iraqi state and in line with the rise in global oil prices, which are all positive indicators that end in the interest of the state treasury."
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