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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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    Kazem Al-Shammari calls for government investment of surplus cash reserves

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    Kazem Al-Shammari calls for government investment of surplus cash reserves - Page 2 Empty Kazem Al-Shammari calls for government investment of surplus cash reserves

    Post by Rocky Mon 08 Jul 2013, 12:07 pm

    First topic message reminder :

    Kazem Al-Shammari calls for government investment of surplus cash reserves

    Monday, July 8, 2013 18:16

    [Baghdad where]

    Spokesman called white bloc MP Kazem al-Shammari, the government to invest surplus cash reserves and harnessed according to a well thought out economic policy.

    Al-Shammari said in a statement today, the agency received all of Iraq [where], a copy of it, that "the size of Iraq's reserves of foreign currency rose to 76 billion dollars, in addition to 30 tons of gold bullion,"

    Shammari said, "Investment such a large reserve will help to raise the value of the Iraqi currency relative to foreign currencies, and thus will contribute to reduce the prices of goods would be reflected on improving the situation of living of the Iraqi people, and thus will contribute to the Secure society and reduce crime and the fight against terrorism. "Ended

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    Kazem Al-Shammari calls for government investment of surplus cash reserves - Page 2 Empty Re: Kazem Al-Shammari calls for government investment of surplus cash reserves

    Post by Neno Mon 08 Jul 2013, 6:42 pm

    day dreamer wrote:

     Sweet this one needs to go out in email
    Why? Do you believe them? lol!

    OS: Ok, did... ;)
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    Kazem Al-Shammari calls for government investment of surplus cash reserves - Page 2 Empty Re: Kazem Al-Shammari calls for government investment of surplus cash reserves

    Post by zimi31 Mon 08 Jul 2013, 8:15 pm

    Neno wrote:
    Why? Do you believe them? lol!

    OS: Ok, did... ;)

    Absolutely...one of them will make it happen...:lol:  thanks LIT
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    Kazem Al-Shammari calls for government investment of surplus cash reserves - Page 2 Empty Shammari: Government investment of surplus cash reserves as a deliberate economic policy

    Post by Hkp1 Tue 09 Jul 2013, 1:36 am

    Shammari: Government investment of surplus cash reserves as a deliberate economic policy




    Tuesday, 09 July 2013 08: 21


    {Baghdad: Euphrates news} block spokesman MP Kazem Al-shammari white government investment of surplus cash reserves and harnessed with deliberate economic policy.

    And Al in a statement received {forat news} on Tuesday that "the high volume of the country's foreign currency reserves to $ 76 billion, in addition to 30 tons of gold bars, and out of Iraq from Chapter VII, make it necessary to set a date for zero the Iraqi currency.

    The parliamentary Economic Committee pointed out that the deletion of zeros from the currency and restructuring is necessary to support the country's economic identity, especially after the end of Chapter VII.

    Committee members said mehma Khalil and Abdul Hussein abtan told a press conference in the Parliament building Sunday that "the parliamentary Economic Committee feel that the time is appropriate to start deleting zeros from the currency and restructured to support the country's economic identity and for the benefit of the people."

    Khalil said that "after Iraq from Chapter VII, there are stations and many promising and substantial benefits to the country's economy to support economic identity, Iraqi dinar, this case is purely economic objective of maintaining currency."

    "Asked the CBI to start deleting the zeros of the Iraqi currency and restructuring," he said, adding that "this project is an old Central Bank has demanded that the Government should wait until the appropriate time and today we see that the time has come to start this project."

    "As there is a clear constitutional provision provides for the issuance of coins and currency for economic purpose and benefit of the people, and today the Commission considers that the time is appropriate, given that there are promising the Iraqi economy to support economic identity, Iraqi dinar, the currency did not know her and promising future quotas."

    "In the shadow of the country's great potential and promising economic stations, we hope to be the next financial budgets."

    The parliamentary Economic Committee member Khalil mehma "current currency large bloated latlik of the country and the people a strong desire to keep the Iraqi dinar to the dollar and other currencies compete."

    Member of the parliamentary Economic Committee on citizen Abdul Hussein abtan block has indicated that "the Central Bank said the reserves reached $ 76 billion and have Iraqi dinar befitting the country and these deposits and payments it is delete zeros and structuring currency has become an urgent necessity."

    "It is not reasonable to have Iraq reserve has reached $ 76 billion, and we are still dealing with 1,300 dinars to the dollar, then what is the benefit of these stocks and funds if not reflected positively on our citizens, where the unemployment rate is 7% and over 20% and the edge of the poverty line when more than 30%.

    Abtan said "we believe that the Iraqi dinar must improve against the dollar as it is not true that the reserve of the country today has reached $ 76 billion Iraqi dinar at 1280 for aldollar".

    "The improvement in the status of the Iraqi dinar is reflected on the lives of citizens and the purchasing power and everything is in the country of goods is imported, so when the improved purchasing power will be reflected positively on his life and that's what we expect from the Central Bank of Iraq".

    The "multiple revenue growth in the country is modest and simple compared to existing privileges and the development of the Iraqi economy depends on vision and management economic profile better than the current situation."

    He is a member of the parliamentary Economic Committee, Abdul Hussein abtan said that "Turkey and Lebanon were zeros from their currencies, so how about Iraq that owns this alahitati great argument was chapter VII and now has gone and removed, why keep the zeros".

    Abtan concluded that "an increase in the Iraqi dinar against the dollar is very vital to the citizen, which is not enough to have deposits of billions at the Central Bank against poverty and unemployment, weak purchasing power"

    Spokesman white bloc MP Kazem Al-shammari "investment this large reserve will help raise the value of the Iraqi currency, compared with foreign exchange and thus contribute to the reduction of prices of goods and commodities, will improve the situation of citizens and contribute to keeping the security and stability of society and reduce the rates of crime and resolve in addressing and fighting terrorism. I ended up m





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    Kazem Al-Shammari calls for government investment of surplus cash reserves - Page 2 Empty Re: Kazem Al-Shammari calls for government investment of surplus cash reserves

    Post by Hkp1 Tue 09 Jul 2013, 1:38 am

    I've added to your awesome post LIT, Nice find, Thanks :)
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    Post by Bigben Tue 09 Jul 2013, 3:00 am

    And a very nice addition this is well done HKP1
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    Post by Bigben Tue 09 Jul 2013, 3:08 am

    [b style="margin: 0px; padding: 0px; text-align: left; background-color: rgba(255, 255, 255, 0);"]"In the shadow of the country's great potential and promising economic stations, we hope to be the next financial budgets."[/b]


    I like this bit because I. Made mention that the new budgets should be at the rate! Considering budgets allocations are usually distributed by July not long to go even if we have to wait to August!
    :cheers: :cheers: :cheers:
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    Kazem Al-Shammari calls for government investment of surplus cash reserves - Page 2 Empty Re: Kazem Al-Shammari calls for government investment of surplus cash reserves

    Post by Bigben Tue 09 Jul 2013, 3:12 am

    [b style="margin: 0px; padding: 0px; text-align: left; background-color: rgba(255, 255, 255, 0);"]He is a member of the parliamentary Economic Committee, Abdul Hussein abtan said that "Turkey and Lebanon were zeros from their currencies, so how about Iraq that owns this alahitati great argument was chapter VII and now has gone and removed, why keep the zeros".[/b]


    Yes in deed why keep the zeros when 7 is gone! Duck that one was for you! 
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    Kazem Al-Shammari calls for government investment of surplus cash reserves - Page 2 Empty Shammari: the government invest surplus cash reserves in accordance with a well thought out economic

    Post by dejavu Tue 09 Jul 2013, 5:29 am

    ews: 56 
    [ltr][You must be registered and logged in to see this link.]
    Tuesday, 09 July / July 2013 08:21 | [You must be registered and logged in to see this link.] | [You must be registered and logged in to see this link.] | [You must be registered and logged in to see this link.]

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    {Baghdad: Euphrates News} spokesman white bloc MP Kadhim Al Shammari said the government invest surplus cash reserves and harnessed in accordance with a well thought out economic policy.
    Among Shammari said in a statement received by the agency {Euphrates News} copy of it on Tuesday that "the high volume of reserves of the country's foreign currency to $ 76 billion, in addition to 30 tons of gold bullion, and out of Iraq from Chapter VII, make it necessary to set a date to reset currency Iraq. "
    The parliamentary economic committee has indicated that the deletion of zeros from the currency and restructuring is the need to support the country's economic identity, especially after the end of Chapter VII.
    Said a member of the Committee Mahma Khalil Abdul Hussein Abtan at a news conference عقداه in the parliament building last Sunday that "we in the Economic Commission parliamentary see that the time is appropriate to start a deletion of zeros from the currency and restructuring to support the identity of the country's economic and benefit the people."
    Where Khalil stressed that "after the withdrawal of Iraq from Chapter VII, there are great advantages stations and many promising in the country's economy to support economic and identity of the Iraqi dinar, and this case is purely economic aim of maintaining the Iraqi currency."
    Asked Khalil, "the Iraqi Central Bank to begin a project to delete the zeros from the Iraqi currency and restructuring," explaining that "this project is as old as the central bank has asked the government to wait it out that it's an appropriate time and today we see that the time has come to start this project."
    "Also, and that there is an item constitutionally clearly provides for the issuance of currency and categories of currency for the purpose of economic benefit of the people, and today the Economic Commission considers that the time is appropriate on the grounds that there are stations promising in the Iraqi economy to support the identity of the economic and the Iraqi dinar, indicating that the currency does not know of quotas and her promising future in the region. "
    He said that "in light of the country's large potential and promising economic stations, we hope that the next financial budgets will be greater."
    Committee member said parliamentary economic Mahma Khalil said "large current bloated currency to Atliq the country and there among the citizens intense desire to keep the Iraqi dinar to compete with the dollar and other currencies."
    As a member of the Economic Commission parliamentary bloc of the citizen Abdul-Hussein Abtan has said the "central bank announced a few days ago that the reserves of the country reached $ 76 billion and we have Iraqi dinars befitting the country and these deposits and the amounts the order to delete the zeros and structuring currency has become an urgent necessity."
    He continued that "it is not reasonable to have reserves of Iraq has reached $ 76 billion and we still are dealing 1,300 dinars to the dollar, then what is the use of these funds and the money if it does not reflect positively on our citizens, where there is still unemployment rate of 7%, poverty over 20 % and the edge of the poverty line when more than 30%. "
    Abtan added, "We believe that the Iraqi dinar must improve against the dollar as it is not true that the reserves of the country today has reached $ 76 billion and the Iraqi dinar at 1280 for one Aldlar".
    "The improvement in the status of the Iraqi dinar is reflected on the lives of citizens and its purchasing power and all what exists in the country is imported goods, so when improving citizens' purchasing power will be reflected positively on his life and this is what we expect from the Central Bank of Iraq."
    He said the "multiplicity of revenue growth in the country is a modest and simple compared to the existing privileges and development of the Iraqi economy depends on the vision and management of the economic file better than the current situation."
    A member of the parliamentary economic committee Abdul Hussein Abtan that "Turkey and Lebanon were deleted zeros from their currencies, how Iraq who owns this great Alahitati has the argument of Chapter VII, and now has been completed and removed, what remains of zeros."
    Abtan and ended by saying that "increase the exchange rate of the Iraqi dinar against the dollar is very vital to the citizen, it is not enough that we have billions in deposits at the central bank against poverty and unemployment rate and weak purchasing power of the citizen"

    The spokesman said the block white MP Kazem Al Shammari said, "Investment of this reserve big help to raise the value of the Iraqi currency compared to foreign currencies and thus will contribute to reduce the prices of goods and commodities, would be reflected on improving the living conditions of citizens and contributes to keeping the security and stability of the society and reduce crime rates and determination in addressing and the fight against terrorism.
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    [/ltr]


    Last edited by dejavu on Tue 09 Jul 2013, 5:34 am; edited 1 time in total
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    Post by Bigben Tue 09 Jul 2013, 5:31 am

    nice post! not sure if repeat but excellent post anyways!
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    Post by dejavu Tue 09 Jul 2013, 5:35 am

    I checked and didn't see it posted earlier, i may have missed it though, my coffee hasn't reached my eyeballs yet, lol:cyclops:   i do however wish they would stop referencing turkey.......the countries differ in so many ways especially resources :face:

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