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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


    Governor of the Central Bank of Iraq, Ali Al-Alaq.. Bold steps into a difficult money market

    Rocky
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    Governor of the Central Bank of Iraq, Ali Al-Alaq.. Bold steps into a difficult money market Empty Governor of the Central Bank of Iraq, Ali Al-Alaq.. Bold steps into a difficult money market

    Post by Rocky Mon 06 Mar 2023, 2:44 pm

    [rtl]Governor of the Central Bank of Iraq, Ali Al-Alaq.. Bold steps into a difficult money market[/rtl]
    2023/03/06 20:48 
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    [rtl]Baghdad-Iraq today:

    Dr. Ali Mohsen Al-Alaq, Governor of the Central Bank of Iraq, continues his efforts to mature the country's monetary policy, after years of instability witnessed by the most important monetary institution in the Iraqi state, as a result of the lack of right choices, especially the years that followed Al-Alaq's departure from this site.

    The relationship that bears this serious responsibility and in this sensitive period is now balancing between fiscal and monetary policy, and is walking along a very fine line, in light of an intense economic struggle, between the United States of America on the one hand, and the other axis that also wants to find a clear justification for it. to untie him.

    Al-Alaq, which is working to restore the value of the Iraqi dinar again after a reckless step taken by the administration of the Central Bank of Iraq and the previous government, with an ill-conceived reduction in the price of the Iraqi dinar, which led to a decrease in the purchasing power of citizens, and caused a massive market recession that is unprecedented, at least after 2003.

    Carefully calculated steps taken by the governor of the Central Bank of Iraq, with the tightening of regulatory and legal measures on monetary exchange operations, and monitoring the transfer of foreign currency outside the country, matched by clear and unprecedented monetary facilities for real merchants, as As well as facilitating the digital transformation of monetary exchange, and the mechanization of buying and selling operations for the citizen.

    Success in the task of ridding Iraq of cash smuggling and wasting public money through corrupt operations is a legal, patriotic, and moral responsibility that the man faced with courage, and he is continuing it diligently despite the difficult reality and the depth of monetary deviation left for years.[/rtl]
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    [/rtl]
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