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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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    Vice revealing attempt the Ministry of Finance to sell bonds for contractors to have the benefits of

    Rocky
    Rocky
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    Vice revealing attempt the Ministry of Finance to sell bonds for contractors to have the benefits of Empty Vice revealing attempt the Ministry of Finance to sell bonds for contractors to have the benefits of

    Post by Rocky Sat 04 Jun 2016, 6:53 am

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    He revealed the parliamentary finance committee member Masood Haider, Saturday, about the existence of a bid to the Ministry of Finance sale of government bonds to Iraqi contractors who have dues to the government, noting that the value of the bonds exceed 3 trillion dinars, while ruled out selling foreign bonds.
    Haider said in an interview that "according to information available from the Ministry of Finance, it is trying to sell domestic government bonds for contractors who have dues Iraqi government from the years 2013 to 2016," noting that "the security and the economic and political situation, is assistant to promote the sale."
    He said Haider, that "Contractors can sell these bonds worth up to 3 trillion and 700 billion dinars, it's also going to move internal Iraqi economy."
    He said Haider, that "the Ministry of Finance tried in 2015 to promote the sale of foreign bonds and has done workshops, but the banks were not ready to buy, and were worth at the time did not exceed billion dollars and an interest rate of 11%," explaining that "to achieve this it needs for longer period of time." .
    The Finance Minister, Hoshyar Zebari, on Friday, that Iraq expects to sell international bonds worth two billion dollars in the fourth quarter of this year, when the international aid begins to flow, noting that it will help to reduce the cost of borrowing on Baghdad.
    The central bank announced on Tuesday (May 10, 2016) announced the launch of the process for the sale of local bonds worth about $ 1.30 billion as part of efforts to meet the government's deficit caused by falling oil prices and the cost of the war against al "Daash."

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