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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


    Advisor to the Prime Minister: There is no shortage of currency liquidity, and the government is ver

    Rocky
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    Advisor to the Prime Minister: There is no shortage of currency liquidity, and the government is ver Empty Advisor to the Prime Minister: There is no shortage of currency liquidity, and the government is ver

    Post by Rocky Fri 03 Nov 2023, 4:17 am

    Advisor to the Prime Minister: There is no shortage of currency liquidity, and the government is very careful about two things

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    Baghdad Today - Baghdad
    Today, Thursday (November 2, 2023), the advisor to the Prime Minister, Amer Al-Adad, denied that there was a shortage of financial liquidity in hard currency with the government.
    Al-Adad said in a televised statement followed by "Baghdad Today", "Money is available, including hard currency, through oil sales and the central bank's currency auction."
    He explained, "Electronic payment points allow a person to pay with an electronic payment card at points of sale in order to increase the transparency of the movement of money in the country and preserve public money. It is part of a larger program to shift to electronic banking and bring savings from homes to the banking system."
    He added, "At this stage, the number of electronic payment cards in Iraq may range between 7 to 9 million cards, and we expect it to grow further with the imposition of collecting fees. We are in a transitional period so as not to confuse the market, after which the electronic payment system will be emphasized."
    Al-Adad stated, "The economic reforms in the current government are characterized by seriousness and follow-up. In the reform program, we found that the targets do not match the goals, and we set new targets for each goal."
    He stressed, "Collection is the duty of the state; but this type of contract has been transferred to the private sector, and the experience of electronic collection of electricity has been largely successful and this has been proven in Anbar, and investment depends on reforming the banking system."
    He pointed out that "the government of Muhammad Shiaa Al-Sudani is very cautious regarding the issue of the people's assets, lands, and residential complexes, and is working on a real plan to support prices."
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