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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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    The care of minors check more than one billion dinars dividends treasury transfers

    rocky
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    • Post n°1

    The care of minors check more than one billion dinars dividends treasury transfers Empty The care of minors check more than one billion dinars dividends treasury transfers

    Post by rocky Tue May 24, 2016 4:29 am

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    The care of minors check more than one billion dinars dividends treasury transfers


     Baghdad / Ibrahim Ibrahim 

    It declared the care of minors Department of the Ministry of Justice, on Monday, hasachieved more than one billion dinars dividends treasury transfers during the current year, noting that it made ​​significant strides in the field of investment funds of minors, as called for economists on the government to intensify thepropaganda campaigns to familiarize citizens and businesses the financial benefits that come as a result of the purchase of national bonds. 
    the general manager of the care of minors circle Hind Abdul Bg in a statement, received the "long" version ofit, that " the department participated auction remittances Treasury and the Ministry of Finance , " indicating that it "achieved a profit of one billion and 142 000 360 thousand dinars during the current year 2016 ". 
    she Bg" the department participated auction remittances Treasury and the Ministry of Finance in February and achieved a profit of 393.19 million dinars , "noting that" the department made ​​a profit also increased by 749.17 million dinars through its participation in the remittances of Treasury for the month of March 2016 ".Confirmed Bg " The department made ​​significant strides in the field of investment funds of minors, and development for the benefit of this important segment, which fall within the basic work of the Department ofcare of minors." 
    For his part, said economist Mustafa Mohamed Habib expert in an interview for the "long", that " the process sale of national bonds by the government is a good step if it was through them recycle money within the local market to enhance the semi - stalled economic activity. " 
    He added that" some financial institutions, including the care of minors circle which owns financially confounded , well, have not invested properly because of the laws and regulations window that prevent thedevelopment of its work during the previous years. " 
    He said the beloved" the involvement of governmental institutions auction of treasury transfers represents areal incentive for private companies to enter the auction and take advantage of the monthly profits , including returns on the domestic market of the benefits of the most important move the daily turnover of the various vital sectors wheel. " 
    He said " The financial crisis pushed the sectors of Finance on the government to change its functioning according to the new data , borne out of a lack of liquidity witnessed by the state budget for nearly two years." 
    He noted that "the duty of the government to begin a propaganda campaign large and continuous to identify citizens and private companies , the extent of the benefits that come are heading for the acquisition of bonds national through a daily auction of remittances which is supervised by the Central Bank on behalf of the Ministry of Finance. " 
    the CBI is conducting the auction of treasury bills of the Ministry of Finance on its behalf for a period of six months, the central bank is responsible for maintaining price stability and the implementation of monetary policy and administration foreign reserves and the issuance of currency management, and regulate thebanking sector to promote a competitive and stable financial system. 
    The Central Bank of Iraq, announced Sunday (March 27 2016), the Departments of retirement and care forminors purchased the treasury remittances worth 400 billion dinars, indicating that the duration of the transfer of 364 days. 
    he said the bank said in a statement, received the "long" version of it, that "both the national pension Service, the minors sponsor purchased the through public auction conducted by the central bank on behalf of the Ministry of Finance remittances treasury of $ 400 billion dinars , " noting that " the duration of the transfer of 364 days . " . the 
    bank added that " the two departments purchased the full remittance and the highest price , " noting that "in the auction the number of participants reached four." It is 
    noteworthy that the Iraqi Central Bank said the bank independent Iraqi under the law in the March 62 004 andis responsible for maintaining price stability and the implementation of monetary policy and administration foreign reserves and the issuance of currency management, and regulate the banking sector to promote acompetitive and stable financial system.
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