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Neno's Place Established in 2006 as a Community of Reality


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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 Prime Minister chairs a meeting on the exchange rate: "Some banks do not make the desired contri

    Rocky
    Rocky
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    The Prime Minister chairs a meeting on the exchange rate: "Some banks do not make the desired contri Empty The Prime Minister chairs a meeting on the exchange rate: "Some banks do not make the desired contri

    Post by Rocky Thu Feb 02, 2023 5:03 pm

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    Baghdad - IQ  

    Prime Minister Muhammad Shia' al-Sudani said, on Thursday, that "some banks do not achieve the desired contribution in establishing a regular and real national financial policy" in light of the high exchange rate of the dollar against the Iraqi dinar.

    The media office of Al-Sudani stated, in a statement received by IQ NEWS, that the latter chaired today "the second meeting of the Federation of Chambers of Commerce and the Association of Iraqi Banks, as well as the bodies of taxes, customs, border crossings and the Central Bank.

    " He added that the meeting discussed "the economic situation at the national level in light of fluctuations ." The exchange rate, and its effects on the Iraqi market. The implementation of Cabinet decisions related to taxes, customs, border crossings, and banking work was also monitored, and government measures regarding countering fluctuations in exchange rates were reviewed, as well as the recommendations made at the last meeting.


    During the meeting, the Prime Minister stressed "the necessity of developing an assessment of the work of banks, and supporting real banks that have implemented the requirements of the Central Bank, and applied financial standards corresponding to the financial policies of the state," noting that "some banks and exchange offices do not achieve the desired contribution to the consolidation of a regular and real national financial policy." ".

    He directed to "simplify the procedures for merchants' dealings in the concerned state departments," saying that "this stage, despite its criticality, is a gateway to economic reform." 

    He stressed "the need to spread the banking culture, which was supposed to be implemented years ago, so that merchants and businessmen are ready to deal with the new context of the central bank and international standards." for the banking system.
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