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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The government is taking a package of measures to address the difference in the exchange rate

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269036
    Join date : 2012-12-21
    • Post n°1

    The government is taking a package of measures to address the difference in the exchange rate Empty The government is taking a package of measures to address the difference in the exchange rate

    Post by Rocky Tue 14 Nov 2023, 4:23 am

    The government is taking a package of measures to address the difference in the exchange rate
    [You must be registered and logged in to see this link.] |Today
    [You must be registered and logged in to see this image.]

    +A
    -A


    Baghdad today - Baghdad
    Today, Tuesday (November 14, 2023), a government source revealed a package of measures to address the difference in the exchange rate, while noting that a directive was issued by the Prime Minister’s Office to activate a joint committee between the government, the central bank, and the private sector.
    The source said in an interview with "Baghdad Today", "The most important of these measures is organizing the import process and ensuring the entry of the largest number of merchants and importers to the foreign currency sales window by facilitating account opening procedures, deposit operations, and other procedures related to issuing the importer's identity, which would facilitate the requirements ( Know your customer) for the category of merchants and importers.
    He added, "The government and the Central Bank are conducting ongoing negotiations with the Iranian side to regulate trade between the two countries and make the best options regarding payment of dues and amounts, and discussions are taking place at a good pace."
    He continued, "The Prime Minister directed work on a number of important projects to ensure that the poor and middle-income groups are not affected by the exchange rate difference, as the Ministries of Trade and Health are working to import important materials and provide them in Iraqi dinars at stable prices, an example of which is the food basket project (support at stable prices), and the food basket project." The pharmaceutical basket, the construction basket, and the basket of reserve materials for the transportation sector... some of which work began some time ago.
    The source continued, "The government is now working on an (equal deal) project to exchange trade and imports with some countries, such as China and India, and in their own currencies from Iraq's main trading partners, such as India, China, and some neighboring countries."
    He pointed out, "The government is currently studying establishing a free zone to import materials and then market them to the private sector and ensure their delivery to the consumer at competitive prices and in the Iraqi dinar. It is also currently studying a re-export project and there are important discussions in this regard."
    The source pointed out that “the government issued a series of measures to develop electronic payment systems and reduce dependence on cash... and a series of other decisions will be issued in the coming days regarding pricing and incentive policy for services provided through electronic payment.”
    He stated, “The Prime Minister directed the activation of a joint committee between the government, the central bank, and the private sector, under the supervision of his office, to hold serious discussions with the US Treasury regarding transfers through the foreign currency selling window, and the committee began its meetings from now.”
    The source added, "The Iraqi government is holding ongoing discussions with the Central Bank of Iraq on a number of topics, including facilitating procedures related to Iraqi banks importing the dollar (cash). This process has already begun with some banks importing the dollar, and the process will expand to include other banks, as is being done." Working to conclude agreements to supply the currencies of some countries to be provided through banks and exchange companies to meet the needs of Iraqi tourists and pilgrims going to those countries without the dollar currency.
    [You must be registered and logged in to see this link.]
    • Back to top
    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269036
    Join date : 2012-12-21
    • Post n°2

    The government is taking a package of measures to address the difference in the exchange rate Empty A new government measures package to address the difference in the exchange rate

    Post by Rocky Tue 14 Nov 2023, 5:22 am

    [You must be registered and logged in to see this link.]
    [You must be registered and logged in to see this link.]
    [size=52]A new government measures package to address the difference in the exchange rate[/size]
    • Today 09:57




    Information/Baghdad..
    A government source revealed, on Tuesday, the launch of official negotiations between a joint committee and the US Treasury regarding transfers through the foreign currency sales window.
     The source said in a statement followed by Al-Maalouma, “The government is currently studying establishing a free zone to import materials and then market them to the private sector and ensure their delivery to the consumer at competitive prices and in the Iraqi dinar.”
     He added, "The government is studying the re-export project, and there are important discussions in this regard. It has issued a series of measures to develop electronic payment systems and reduce dependence on cash."
     He pointed out that "the Prime Minister directed the activation of a joint committee between the government, the central bank and the private sector, under the supervision of his office, to hold serious discussions with the US Treasury regarding transfers through the foreign currency selling window, and the committee began its meetings."
    He continued, "The government is holding ongoing discussions with the Central Bank of Iraq on a number of topics, including facilitating procedures related to Iraqi banks importing cash dollars." End 25
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sat 27 Apr 2024, 2:49 pm