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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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    Invitations to the adoption of transparency in the financial rules

    Rocky
    Rocky
    Rocky
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    Posts : 278598
    Join date : 2012-12-21
    • Post n°1

    Invitations to the adoption of transparency in the financial rules Empty Invitations to the adoption of transparency in the financial rules

    Post by Rocky Sun 12 Oct 2014, 7:34 am

    Invitations to the adoption of transparency in the financial rules
     
     
             

    10/12/2014 0:00 
    BAGHDAD morning 
    escalate days after the last calls to follow the principle of disclosure and transparency of financial rule in Iraq and the application of laws in this area in a scientific manner and methodology, which called on the government headed by Prime Minister Dr Haider Abadi to adopt provisions in its program to overcome this Alashkagliat.uccir international concepts in financial management system to mobilize money and direct it to the resources needed, especially that some citizens do not trust the work of the organs of Finance and Banking, both in the public sector or private, so it tends Most of them to keep their money at home or in special funds, while retains the lowest rate with their money in banks, and these are called phenomenon of "compactness banking", so that lead to the achievement of high liquidity in banks without investment and the creation of appropriate credit to her, especially as the proportion of credit in the financing of development in Iraq does not exceed 3 to 4 percent, while that of other countries beyond the 90 to 100 Palmih.alkhbayr Financial Dr. Majid picture confirms the "morning", that "the basic problem is that there is no statistically integrated financial rule in Iraq, especially given that Iraq's imports Other non-oil blurry so far," he said, adding the picture that there is no disclosure of the amounts spent during the year 2014 different directions and do not reveal the accounts and the lack of final accounts integrated for the past years, as there is no detection of cash flow nor the money that entered Iraq or spent and how it was covered Aladz.alkhbayr also pointed out that there are many issues unresolved, according to the budget year 2014, including the amount of 77 trillion dinars in the form of advances, and there are more than 6000 project worth 228 trillion dinars not been completed and settled, so the financial base of Iraq's unclear what is not resolved all these problems and come to the actual truth of Iraq's money. 
    therefore confirms the importance of providing the tasks at hand and how to response, and this is what came with the program of the new government, which indicates the seriousness of the application on the ground, despite the obstacles, especially given that the money available and the need to direct them to the right path.
     

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