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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
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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 Fri 03 Feb 2023, 5:16 am

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    Economie

    [size=38]THE PRIME MINISTER CHAIRS A MEETING ON THE EXCHANGE RATE: “SOME BANKS DO NOT MAKE THE DESIRED CONTRIBUTION.”[/size]


    Thursday, February 2, 2023 11:54 pm
    Baghdad / The National News Center
    The Prime Minister, Muhammad Shia Al-Sudani, chaired today, Thursday, a meeting on the exchange rate, indicating that the current stage is a gateway to economic reform.
    The media office of the Prime Minister stated, in a statement received by the National News Center, that “the Prime Minister, Muhammad Shia’a al-Sudani, chaired today, Thursday, the second meeting of the Federation of Chambers of Commerce and the Association of Iraqi Banks, as well as bodies; Taxes, customs, border crossings and the central bank, and the meeting witnessed a discussion of the economic situation at the national level in light of the exchange rate fluctuations, and their effects on the Iraqi market. The implementation of cabinet decisions related to taxes, customs, border crossings and the work of banks was also followed up, and government measures regarding countering exchange rate fluctuations were reviewed. As well as following up on 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.” ".
    Al-Sudani directed, “to simplify the procedures for merchants’ dealings in the concerned state departments, stressing that this stage, despite its embarrassment, is a gateway to economic reform,” stressing “the need to spread the banking culture, which was supposed to work for years, so that merchants and businessmen We are ready to deal with the new context of the central bank and the international standards of the banking system.
    The statement added, "The meeting witnessed confirmation of the effectiveness of the new transfer system for commercial transactions, and its positive impact in reducing transactions with forged invoices that facilitated currency smuggling over the previous years."
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