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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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    Al-Sudani: Private banks take the dollar from the central bank and sell it in the parallel market, a

    Rocky
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    • Post n°1

    Al-Sudani: Private banks take the dollar from the central bank and sell it in the parallel market, a Empty Al-Sudani: Private banks take the dollar from the central bank and sell it in the parallel market, a

    Post by Rocky Tue 26 Sep 2023, 5:24 am

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    [size=52]Al-Sudani: Private banks take the dollar from the central bank and sell it in the parallel market, and they will be subject to sanctions[/size]
    • Today 09:18




    Information/Baghdad..
     Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Tuesday, that the early elections come after the House of Representatives approves a solution for itself, threatening local banks that violate the terms of selling the dollar with penalties.
    Al-Sudani said during the press interview he conducted with The National newspaper, according to a statement from his media office, which “Information” viewed, “We presented a vision for partnerships with countries in the region through the path of development, and it is the first time that a project has been presented that calls for the partnership of all.”
    He added, "The political disputes in Iraq are within their natural context, and resorting to the Federal Court is a healthy sign for the political system, and that all forces are talking today about providing services and developing the economy, after the talk was about sectarianism, ethnicity, and components."
     Within the framework of services, Al-Sudani stated, “The Social Protection Law addresses multidimensional poverty, and $4 billion has been allocated in 2023 to address poverty, and there are cash subsidies for school and college students and children of poor families to prevent the inheritance of poverty within the family.”
     He pointed out that “the ration card is distributed in a specific quality to all citizens, and there is a card of a higher quality distributed among those included in the social protection network,” noting that “the treatments included in the three-year budget for poverty are sufficient to radically end poverty rates in Iraq within five years.” And regarding the
     crisis The dollar and the war on corruption. Al-Sudani stressed that “there is a war on corruption, and we have included the recovery of funds and wanted persons, within a systematic anti-corruption policy, and that the reforms in tax, customs, and electronic payment all establish an environment that attracts the private sector and facilitates its work.” He continued, “The price of the dollar is related to the sector’s private reforms.
     ” Banking and finance, and the government began implementing reforms, despite their social cost,” explaining that “exchange rate fluctuations are a battle between the state that wants to stabilize correct transactions, and a group that used to live on the dollar.
     He added, “Goods enter the illegal outlets, and no taxes are paid, and this is money that goes to the parallel price, and that private banks take the dollar from the central bank and sell it in the parallel market, and these will be subject to penalties.” End 25
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