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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


    Finance clarifies “exploiting employees’ salaries for investment purposes” and depositing them in pr

    Rocky
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    Finance clarifies “exploiting employees’ salaries for investment purposes” and depositing them in pr Empty Finance clarifies “exploiting employees’ salaries for investment purposes” and depositing them in pr

    Post by Rocky Mon 04 Mar 2024, 4:24 am

    Finance clarifies “exploiting employees’ salaries for investment purposes” and depositing them in private banks
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    Baghdad today - Baghdad
    Today, Monday (March 4, 2024), the Ministry of Finance issued a clarification regarding the exploitation of employee salaries for investment purposes and depositing them in private banks.
    The Ministry said in a statement received by “Baghdad Today” that it “followed with great interest the conversations and information that were circulated through some media outlets and social media platforms alleging (exploiting employees’ salaries and pensions for investment purposes and depositing them in private banks).”
    The statement added, “In the interest of transparency and clarity, the Ministry would like to clarify that it adopts specific dates when financing salaries according to the electronic payment mechanism through the payments system ( RTGS ), which is managed by the Central Bank of Iraq and is concerned with the salaries of state employees and the social protection network, and depositing them.” In the bank accounts of spending units in ministries, governorates, and unrelated entities that are open with government banks (exclusively), in order to ensure the smooth financing of salaries within hours not exceeding the end of the official working day of the financing day.”
    He continued, "With regard to pension salaries, the Ministry has adopted the beginning of each month as a basis for funding without delay and feeding the bank accounts of the National Retirement Authority through the electronic payment system instead of paper payment, as these procedures come in implementation of the terms of the government program and the directives of the Prime Minister and the Minister of Finance in this regard." ".
    In its statement, the Ministry called on all media professionals and interested parties “not to promote and circulate information and engage in conversations that would confuse public opinion without referring to the official and approved sources of the Ministry to clarify and state the facts.”
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