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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


    Najib: Central government lends its safe

    Rocky
    Rocky
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    • Post n°1

    Najib: Central government lends its safe Empty Najib: Central government lends its safe

    Post by Rocky Sun 21 Feb 2016, 4:19 pm

    [ltr]Najib: Central government lends its safe[/ltr]

     Since 02/21/2016 18:40 pm (Baghdad time)
    [ltr][You must be registered and logged in to see this image.][/ltr]
    [ltr]Special - balances News[/ltr]
    [ltr]It revealed a member of the Committee of Economy and Investment parliamentary Najiba Najib, on Sunday, for central bank lending from the current government treasury indirectly, with the central bank lending to the government denied.[/ltr]
    [ltr]She said Najib's / balances News /, that "oil revenues are not enough actual spending of the government which needs to be 4 trillion dinars per month", revealing at the same time "do Almkza bank lending to the government treasury backup indirectly."[/ltr]
    [ltr]She added, "The central bank will convert the money to the banks through treasury bonds and then turned to the Ministry of Finance," indicating that "the Central Bank Act does not allow the government to lend directly."[/ltr]
    [ltr]Najib pointed out that "the process needs a lot of coordination between the central bank and the banks and the Finance Ministry."[/ltr]
    [ltr]For his part, the economic committee member Harith al-Harthy, said on Sunday that "the Commission summoned the central bank governor said the government would not withdraw any money from bank reserves," noting that "the vision of the Malian government is clear and must disclose the figures really draw lines and improve the economy in the country ".[/ltr]
    [ltr]He added, "The rise in oil prices in the last period will contribute to the exit from the economic crisis experienced by the country."[/ltr]

    [ltr]In a related development said a source familiar with the flags of the Central Bank, said that "lending to the government from the treasury of the central bank is not only through the enactment or amendment of the Central Bank Law," noting that "the bank put up mechanisms to get out of the economic crisis experienced by the country through lending sectoral banks up to 6 text KD 1,000,005 trillion dinars for agricultural, industrial, real estate and banks trillion text given to private banks by the stalled projects. "[/ltr]
    [ltr]The source, who spoke on condition of anonymity for / balances News /, that "" the process of lending to the government until now is on the table. "Ended 29[/ltr]
    [ltr]From: Haidar Almitm[/ltr]


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