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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


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lonelyintexas
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    Central bank: Iraq will receive substantial financial support soon 03/17/16

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    Central bank: Iraq will receive substantial financial support soon  03/17/16 Empty Central bank: Iraq will receive substantial financial support soon 03/17/16

    Post by Rocky Thu 17 Mar 2016, 2:14 pm

    Central bank: Iraq will receive substantial financial support soon

    03/17/16




    Roudao - Erbil

    The governor of the Iraqi Central Bank, on the Keywords, the use of the term bankruptcy to describe the current economic situation in Iraq is not appropriate, expressing confidence in obtaining substantial financial support soon.

    Keywords and said while participating in Sulaymaniyah Forum, "The use of the term bankruptcy is not suitable, but follow the wrong policies could lead to a political failure," adding, "we have to learn the lesson and we do not our mistakes again."

    He said the central bank governor said "the preparation of the budget in foreign currency requires some commitment to global rules," following up "There are financial dominance followed by negative political hegemony over the work of the Central Bank."

    "The Iraqi government has spent 7 trillion dinars since the beginning of the year," pointing to "the allocation of four trillion dinars to provide the employees' salaries."

    He said that "a large proportion of government expenditures come from external sources and this imbalance must be addressed," pointing out that "the central bank must keep exchange rates at a certain level."

    Keywords and went on saying, "There is a problem, but the financial capacity of Iraq are good and we are able to pay salaries," stressing that "there is $ 30 billion in various accounts of the Iraqi ministries."

    He stressed the need to "create a unified account of all ministries in order to facilitate the control of," and expressed confidence that "Iraq will happen in the coming months on substantial financial support."

    Iraq has been suffering from a severe economic crisis following a drop in oil prices since 2014, and the prohibitive cost of the military war against the "Islamic State" Daash which controlled large parts of the country, as well as the displacement of millions of citizens from their areas because of the fighting.

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    lonelyintexas
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    Central bank: Iraq will receive substantial financial support soon  03/17/16 Empty Re: Central bank: Iraq will receive substantial financial support soon 03/17/16

    Post by lonelyintexas Sat 19 Mar 2016, 1:39 pm

    This article ro me screams they are getting ready to change monetary policy. IMF is on the way.
    Thanks
    LIT
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    Post by weslin3 Sat 19 Mar 2016, 4:58 pm

    Hope you are right.... LIT... Would be nice to see this.
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    Post by mochasmom Sat 19 Mar 2016, 5:36 pm

    They had to say SOON!!!
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    Post by fonz1951 Sat 19 Mar 2016, 5:45 pm

    mochasmom wrote:They had to say SOON!!!

    yeah, anytime they say SOON you know they're lying through their teeth!
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    Post by weslin3 Sun 20 Mar 2016, 7:12 am

    This "soon" deal is really getting on my nerves!!! ok
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    Central bank: Iraq will receive substantial financial support soon  03/17/16 Empty Re: Central bank: Iraq will receive substantial financial support soon 03/17/16

    Post by Neno Sun 20 Mar 2016, 2:38 pm

    Oh don't worry weslin, Trump or even Cruz will fix it.
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    Post by weslin3 Sun 20 Mar 2016, 5:18 pm

    lol!

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    Central bank: Iraq will receive substantial financial support soon  03/17/16 Empty Re: Central bank: Iraq will receive substantial financial support soon 03/17/16

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