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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


    Iraq presents to US Treasury date for abandoning currency auction

    Rocky
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    • Post n°1

    Iraq presents to US Treasury date for abandoning currency auction Empty Iraq presents to US Treasury date for abandoning currency auction

    Post by Rocky Tue 24 Sep 2024, 4:09 am

    [size=35][size=35]Iraq presents to US Treasury date for abandoning currency auction[/size]
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    economy

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    2024-09-24 | 02:33
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    Alsumaria News - Economy

    The Prime Minister informed[You must be registered and logged in to see this link.]Shia Al-Sudani, US Treasury Department, keeps only 5% of remittances[You must be registered and logged in to see this link.]It is not done through the electronic platform, and it will be completed by the end of this year, then the transition to correspondent banks.


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    He said[You must be registered and logged in to see this link.]Al-Sudani's media, in a statement received by Sumaria News, said that Al-Sudani received, yesterday evening, Monday (Baghdad time), the US Deputy Secretary of the Treasury, Wally Adeyemo, and a number of officials in the Treasury Department. The meeting witnessed a discussion of bilateral economic relations between the two countries in various vital sectors, a review of the government's efforts and plans for economic and financial reform, the move towards diversifying the sources of Iraqi output, enhancing development targets, and practical measures implemented in the field of combating money laundering.



    Al-Sudani stressed that "the government has made great strides in the financial and banking reform file, and 95% of bank transfers have been completed through the electronic platform, and less than 5% remains to be completed by the end of this year, after which the transition to the correspondent banking system will take place, in accordance with the government's approach and its commitment to raising the capabilities of Iraqi banks, in line with the standards."[You must be registered and logged in to see this link.]It meets the needs of the thriving investment environment in[You must be registered and logged in to see this link.]For his

    part, Adeyemo praised the “progress being witnessed by[You must be registered and logged in to see this link.]In the field of economic and banking reforms that were achieved in record time, and the state of economic growth that reached a total of about 6%, which enhances the government's efforts in development, expressing readiness to cooperate and work within a bilateral partnership that serves the interests of economic development," according to the statement.
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