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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


    Militia Man & Crew Central Bank of Iraq: Our procedures have revolutionized the financial and banki

    Rocky
    Rocky
    Rocky
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    Posts : 281203
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    • Post n°1

    Militia Man & Crew Central Bank of Iraq: Our procedures have revolutionized the financial and banki Empty Militia Man & Crew Central Bank of Iraq: Our procedures have revolutionized the financial and banki

    Post by Rocky Tue 26 Dec 2023, 5:19 pm

    <figure></figure>December 26, 2023Last updated: December 26, 2023Assistant Director General of the Department of Investment and Foreign Re... ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
     
     
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    December 26, 2023Last updated: December 26, 2023

    Assistant Director General of the Department of Investment and Foreign Remittances at the Central Bank of Iraq, Muhammad Yunus, confirmed that the Central Bank’s measures were a “revolution” in the financial and banking sectors, indicating that the Central Bank has begun to reap the fruits of the recent measures.

    Younis said, in a press statement followed by Al-NEWS on Tuesday, that “the Central Bank’s measures contributed to enhancing transparency and governance of financial institutions, improving services provided to citizens, and increasing confidence in the Iraqi economy.”
    He added, “The Central Bank will continue to take important economic measures in 2024, with the aim of achieving economic stability and promoting growth.”
    Younis pointed out that “Iraqi banks opened accounts in Europe and some countries for the first time, after complying with international standards.”
    He pointed out that “"""compliance with international standards facilitated the trade financing process and contributed to increasing Iraqi exports."""”
    The following are the most important measures taken by the Central Bank of Iraq:
    • Issuing the new Central Bank of Iraq law, which regulates the bank’s work and subjects its budget to parliamentary oversight.
    • Forming a committee to combat money laundering and terrorist financing, which works to enhance transparency in the financial sector.
    • Issuing new instructions to commercial banks, obligating them to follow corporate governance standards and combating money laundering and terrorist financing.
    • Starting to implement the electronic payment system, which aims to facilitate financial transactions and increase transparency.

    These measures come within the framework of the Iraqi government's efforts to reform the financial and banking sector and enhance confidence in the Iraqi economy.
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    The focus today has been amazingly towards the electronic systems being in place for international trade and global finance. Iraq is going international and will start working with the private sector to increase her exports. The streams for the country through her international borders is going to be outstanding. They'll need less and less reliance on just oil. The non-oil sectors are going to start reving up and big time! imo ~ MM
     


    Militia Man & Crew Central Bank of Iraq: Our procedures have revolutionized the financial and banki EJxskUuO3CoUhldjJleUgMPDDBjUAm4rO7AOcNxFugwlg7tTu4_cHSWDZAj6-f4HEUe6LSWH2aUsV6258MpwrWjmSCi4iVICCL1qa1k87m_L1jIFwRJuDyyv9XzsjZNCWpaOPtq21FYThZc2yvp8oY9vrY8Jrt4AGLB6gqsSCrhUXNn_lJrgCvMEVwkTXJ0F40F6lgMJo_3Mctuw1KW9076XTGHDcn896uWBY6dWL6ltjIJ0AiwIkILRqVh-x6u4URg71o5plFbx_kvRn33QFj4PvNP-XhLxetTvR3rr7BYwxpg0ZrTZK5PXJPUK6ITSRNHMmZVw9pBKWaVgBnFBkUBZt6aYhXSRJi3-lbb05VZeb8tjL20v4xkEe7Q-vob82ujrYjwfFAb9GEur9yfbw_933HurYKWbtEhtS9jHpdJgnWo-Adlpj0oZ7nwyXBOu3Atr-Sy0X5ORyc-KjTBoe9xx0FI_P6nSx2l4WrGB_e0kxXmW0Ubk2YvMNZHnaB1ypcirOTotvWJ_OOfKf8OOTvtnLwANQsufAQAA__-cTsnm
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