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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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    Al-Sudani issues decisions to address the fluctuation in the price of the dollar

    Rocky
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    • Post n°1

    Al-Sudani issues decisions to address the fluctuation in the price of the dollar Empty Al-Sudani issues decisions to address the fluctuation in the price of the dollar

    Post by Rocky Sun 22 Jan 2023, 2:22 pm

    [size=35][size=35]Al-Sudani issues decisions to address the fluctuation in the price of the dollar[/size]
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    2023-01-22 | 11:20
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    Today, Sunday, Prime Minister Muhammad Shia al-Sudani chaired a meeting with the Federation of Iraqi Chambers of Commerce, which was devoted to discussing the causes of exchange rate fluctuations of foreign currency in the Iraqi market and its impact on citizens, and to develop decisive solutions in this regard.


    A statement by Al-Sudani's office, received by Al-Sumaria News, stated, "The meeting was attended by the governor of 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], and the general managers of border crossings, tax, customs, and trade fairs.”

    The statement added, “Based on the directives of the Prime Minister, and what was presented at the meeting, several decisions were taken to stabilize the exchange rate, prevent manipulation, and limit damage to the national economy, most notably:






    1- Opening a new window for selling foreign currency to small traders via[url=https://www.alsumaria.tv/Entity/1025639366/%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%81 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A %D9%84%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9/ar/]Iraqi Trade Bank[/url](TBI).

    2- Financing the Central Bank of the Trade Bank of Iraq (TBI) with an additional amount of $500 million for the purpose of opening documentary credits for small merchants, and being satisfied with the initial invoice and the account number of the last beneficiary of the credit.

    3- Launching the import of goods and merchandise for companies registered with the Companies Registration Department in[url=https://www.alsumaria.tv/Entity/2857559545/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF%D9%8A%D8%A9/ar/]Federal Trade Department[/url]All types of companies and factories registered with the General Directorate of Industrial Development and investment projects of all kinds duly licensed by investment commissions, duly registered scientific offices, individuals and offices registered with the Iraqi Chambers of Commerce (included or not covered by the import license condition).


    4- Facilitating import procedures, reducing the requirements for opening documentary credits, and canceling circulars[url=https://www.alsumaria.tv/Entity/149548290/%D8%A7%D9%84%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9 %D9%84%D9%84%D8%B6%D8%B1%D8%A7%D8%A6%D8%A8/ar/]general tax authority[/url]Regarding the imposition of delay fines on importers and other taxpayers b[url=https://www.alsumaria.tv/Entity/149548290/%D8%A7%D9%84%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9 %D9%84%D9%84%D8%B6%D8%B1%D8%A7%D8%A6%D8%A8/ar/]general tax authority[/url].

    5- Involving Chambers of Commerce and[url=https://www.alsumaria.tv/Entity/1618416260/%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF %D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A7%D8%AA/ar/]Federation of Industries[/url]in sessions[url=https://www.alsumaria.tv/Entity/3591307834/%D8%A7%D9%84%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%A7%D8%B1%D9%8A %D9%84%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/ar/]Ministerial Council for the Economy[/url]representatives of the private sector.

    6- This meeting is held on a weekly basis, following up developments, implementation of decisions, and adding the aforementioned bodies to attend the meeting.

    7- add[url=https://www.alsumaria.tv/Entity/227157269/%D8%AF%D8%A7%D8%A6%D8%B1%D8%A9 %D8%A7%D9%84%D8%AA%D8%B3%D8%AC%D9%8A%D9%84 %D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A/ar/]Real Estate Registration Department[/url]For this meeting, as well as the Registrar of Companies, the Industrial Development Authority, the Investment Authority, and the Rafidain and Al-Rasheed Banks.” Al-

    Sudani explained, “The responsibility to confront fluctuations in the local market is a shared responsibility, and it has a moral and national dimension, and everyone must respond to it, whether in the private or public sector.”

    The statement pointed out, "Within the framework of the Prime Minister's directives to reduce the financial, administrative and routine burdens on citizens, Al-Sudani stressed, to reconsider the work of[url=https://www.alsumaria.tv/Entity/149548290/%D8%A7%D9%84%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9 %D9%84%D9%84%D8%B6%D8%B1%D8%A7%D8%A6%D8%A8/ar/]general tax authority[/url]And that its work be in accordance with the standards of integrity and the law, stressing that the government will not tolerate any harm that the citizen may be a victim of. "

    Al-Sudani expressed the "seriousness of government agencies in carrying out economic reforms and addressing the deterioration and regression caused by wrong decisions in previous years."
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    Rocky
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    • Post n°2

    Al-Sudani issues decisions to address the fluctuation in the price of the dollar Empty Sudanese take new decisions to control the high exchange rate of the dollar

    Post by Rocky Sun 22 Jan 2023, 2:32 pm

    Sudanese take new decisions to control the high exchange rate of the dollar

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    Economy News / Baghdad
    On Sunday, the Prime Minister, Muhammad Shia'a al-Sudani, issued a number of new decisions within the framework of controlling the rise in the exchange rate of the dollar.
    Al-Sudani's office stated in a statement that "Prime Minister Muhammad Shia'a Al-Sudani held a meeting with the Federation of Iraqi Chambers of Commerce, devoted to discussing the reasons for fluctuations in the exchange rate of foreign currency in the Iraqi market and its impact on citizens, and to develop decisive solutions in this regard."
    He added, "Based on the directives of the Prime Minister, and what was presented at the meeting, several decisions were taken to stabilize the exchange rate, prevent manipulation, and limit damage to the national economy."
    The decisions included "opening a new window for selling foreign currency to small merchants through the Trade Bank of Iraq (TBI) and financing the Central Bank of the Trade Bank of Iraq (TBI) with an additional amount of $500 million for the purpose of opening documentary credits for small merchants, and being satisfied with the initial invoice and the account number of the last beneficiary of Accreditation".
    The meeting decided to "launch the import of goods and merchandise for companies registered with the Companies Registration Department in the Federal Ministry of Trade of all types of companies and factories registered with the General Directorate of Industrial Development and investment projects of all kinds duly licensed by investment commissions, scientific offices duly registered, individuals and offices registered with the Iraqi Chambers of Commerce (included). Subject to import license or not included).
    The decisions included "facilitating import procedures, reducing the requirements for opening documentary credits, canceling the General Tax Authority's notification to impose delay fines on importers and the rest of those charged with the General Tax Authority, and involving the Chambers of Commerce and the Federation of Industries in the sessions of the Ministerial Council for the Economy, representing the private sector."
    The statement pointed out that "the meeting will be held weekly, and follow-up on developments and implementation of decisions and add the aforementioned bodies to attend the meeting, and add the Real Estate Registration Department to this meeting, as well as the Registrar of Companies, Industrial Development, the Investment Authority, and the Rafidain and Rasheed Banks."
    During the meeting, the Prime Minister stated that "the responsibility to confront fluctuations in the local market is a shared responsibility, with an ethical and national dimension, and everyone must respond to it, whether in the private or public sector."
    Within the framework of directives to reduce the financial, administrative and routine burdens on citizens, Al-Sudani stressed, "reconsidering the work of the General Tax Authority, and that its work be in accordance with the standards of integrity and the law," stressing that "the government will not tolerate any harm that a citizen may be a victim of."
    Al-Sudani expressed "the seriousness of government agencies in carrying out economic reforms and addressing the deterioration and regression caused by the wrong decisions in previous years." 

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    Added 01/22/2023 - 7:36 PM
    Updated 01/22/2023 - 11:30 PM
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