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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

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    Parliamentary Economics and Business Council discuss with the Central Bank of the mechanics of payme

    Rocky
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    • Post n°1

    Parliamentary Economics and Business Council discuss with the Central Bank of the mechanics of payme Empty Parliamentary Economics and Business Council discuss with the Central Bank of the mechanics of payme

    Post by Rocky Sun 15 May 2016, 4:47 am

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    Parliamentary Economics and Business Council discuss with the Central Bank of the mechanics of payments to contractors



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    Our economy / Baghdad
    Search Committee Chairman economy and investment parliamentary Jawad al - Bolani and head of the Iraqi National Business Council David Abdul Zayer with the governor of the Iraqi Central Bank on the Keywords best mechanisms for the process of dues Iraqi contractors exchange through government bonds approved by the Prime Minister and the Central Bankof Iraq authorized find instructions and appropriate mechanisms to do so.
    The meeting , which took place on the sidelines of a meeting gathered the Organization ofFrench OECD in Beirut, which asked the Attorney - Bolani and professor Abdul Zayer visionsof the private sector and how best to be the exchange process accessible to contractors to ensure full delivery Contractors rights away from the complexities and pressures and routines as quickly as possible.
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    For his part , Governor of the Central Bank on the Keywords for central bank interest in this topic because of its great importance in the recovery of the Iraqi economy and the private sector , where the bank has prepared a set of instructions in this regard , including:
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    • Iraqi Central Bank will distribute the bonds to contractors directly throughthe issuance of government debt bonds 5% interest rate on behalf of thecontractor to ensure the delivery of benefits to their owners.

    • Iraqi Central Bank will buy the 50% can be increased from the bonds directly to interested contractors after deducting the 5% profit contractors to speed up access to liquidity and to give strength to a deliberative these government bonds in the market.

    • The existence of the approval of the Central Bank of Iraq launched the second half of dues Contractors (100%) bonds without reference to the government to obtain approval, after the completion of an audit of the project by the Officeof Financial Supervision.


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