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Central Bank: Price inflation in the markets decreased from 7% to 5%
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Economy News - Baghdad
The Governor of the Central Bank, Ali Al-Alaq, confirmed, on Wednesday, the facilitation of tax and customs procedures for merchants, which will be announced soon, indicating that price inflation in the markets decreased from 7% to 5%.
Al-Alaq said, during his meeting with a number of journalists, that "the government's measures and recent instructions contributed to persuading small merchants to adhere to the platform."
He added, "The talk about the entry of 14 foreign banks into Iraq is incorrect," pointing out that "the banks that have correspondent banks have a sound, official, and easy status of foreign transfers."
And the governor of the Central Bank stated, “The percentage of remittances to China reached 30%.”
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Added 08/16/2023 - 6:10 PM
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Economy News - Baghdad
The Governor of the Central Bank, Ali Al-Alaq, confirmed, on Wednesday, the facilitation of tax and customs procedures for merchants, which will be announced soon, indicating that price inflation in the markets decreased from 7% to 5%.
Al-Alaq said, during his meeting with a number of journalists, that "the government's measures and recent instructions contributed to persuading small merchants to adhere to the platform."
He added, "The talk about the entry of 14 foreign banks into Iraq is incorrect," pointing out that "the banks that have correspondent banks have a sound, official, and easy status of foreign transfers."
And the governor of the Central Bank stated, “The percentage of remittances to China reached 30%.”
Views 69
Added 08/16/2023 - 6:10 PM
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