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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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    The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's shar

    Rocky
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    The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's shar Empty The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's shar

    Post by Rocky Wed 10 May 2023, 5:18 am

    The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank

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    Economy News / Baghdad
    The Council of Ministers decided, on Tuesday, to increase the capital of the Rafidain Bank and pay Iraq's share in the World Bank.
    Al-Sudani's office stated in a statement that "the cabinet agreed to increase the capital of the Rafidain Bank, which was approved by the Committee for Determining Corporate Capitals in the Ministry of Finance, by an amount of (212,000,000,000) dinars, only two hundred and twelve billion dinars, to be added to the bank's current capital of : (26,000,000,000) dinars, only twenty-six billion dinars, to become after the increase (238,000,000,000) dinars, only two hundred and thirty-eight billion dinars, to raise the capital of the Rafidain Bank on par with other banks, based on the provisions of the Public Companies Law (22 of 1997 ) the average".
    And the Council approved, “within the course of financial and economic relations with international financial and banking institutions, the recommendation of the Ministerial Council for Economics (23072 s), regarding the payment of Iraq’s share in the World Bank; by the Ministry of Finance assuming the payment of an amount (26,898,925,642) dinars, only twenty-six billion and eight hundred.” Ninety-eight million nine hundred and twenty-five thousand six hundred and forty-two dinars in cash, after the approval of the Federal General Budget Law for the year 2023, taking into account the new exchange rate, between the date of the claim and the date of payment.



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