Post From BondLadys Corner
BondLady & Tlm724 News & Comments 6-9-16 Part 3 of 3
Deposit guarantee real key to development
9/6/2016 0:00 BAGHDAD - Hussein al - Tamimi Tgb Ensuring first steps to boost confidence between banks and citizens who helps Astdarj currency bloc chunky in homes to banks and make it more economically feasible for the country where he will be used in large development projects in deposits.
The Cabinet approved the final minutes of the draft deposits, prepared by the bank system CBI, where it can be through the establishment of a deposit guarantee a capital of 100 billion dinars contain private and government banks company, and deposited the banks specified percentage of deposits ,
the company has a way to ensure pay depositors in case of bank 's inability or being liquidated. citizen and banks , executive director of the Association of Iraqi private banks Ali Tariq pointed out that the construction of an effective banking sector in Iraq requires the positive interaction between the citizen and private banks ,
~~~
BondLady & Tlm724 News & Comments 6-9-16 Part 3 of 3
Deposit guarantee real key to development
9/6/2016 0:00 BAGHDAD - Hussein al - Tamimi Tgb Ensuring first steps to boost confidence between banks and citizens who helps Astdarj currency bloc chunky in homes to banks and make it more economically feasible for the country where he will be used in large development projects in deposits.
The Cabinet approved the final minutes of the draft deposits, prepared by the bank system CBI, where it can be through the establishment of a deposit guarantee a capital of 100 billion dinars contain private and government banks company, and deposited the banks specified percentage of deposits ,
the company has a way to ensure pay depositors in case of bank 's inability or being liquidated. citizen and banks , executive director of the Association of Iraqi private banks Ali Tariq pointed out that the construction of an effective banking sector in Iraq requires the positive interaction between the citizen and private banks ,
~~~
which are located on the support and funding of the national economy important, indicating that this interaction is waiting deposit guarantee which guarantees the rights of depositors and guaranteed by the company.
Tariq said in an interview with «morning»: the building bridges of trust between the parties to the process is working to create a sophisticated banking system , where he leads the high volume of banking transactions to expand the services that must be provided to the public benefit,
and here will create a state of competition between the banks on the development of advanced banking systems able to attract the largest number of customers, and we will reach the inevitable result of the effect that the developed banking sector competes with regional and international and unable to cope with the large numbers required by the banking sector banks.
escrow company and pointed out that the association is working hard on in order to communicate with the central bank to accelerate the establishment of this company because of its great economic feasibility of the country, as sought for a long time to get the legislation guaranteeing bank deposits for his role in the revitalization of the financial mobility within the banking sector. the economic expert Mohammad Ali Jaber, describing the «morning» this step task and it 's real development in Iraq key,
pointing out that they contribute greatly to the employment of the money supply large in excess of $ 20 billion in development projects after deposited in private banks, and the positives of this approach is to keep the money on the dangers of compactness in homes.
Jaber stressed the importance of communication between the media , the banking sector to develop programs to promote banking culture in the public opinion and give this trend much attention, especially one that works to strengthen the country 's economy, employing deposits in large development projects achieved a great benefit for the country.
he said the citizen who intended private banks to deposit his money has to be comfortable with it and confident that it is investing in the right direction and that there is protection for his money , which can be moved calculated continuously without problems.
it was Jaber explained in an interview earlier the importance of working on the development of human resources to operate in the banking and brought into the sector in the development courses under the supervision of international experts, noting that workers in the financial sector must be known for their high professionalism to enable advanced banking products offered by international banks to their customers of companies and citizens.
http://ift.tt/1YgrbFD
[tlm724] Ensuring first steps to boost confidence between banks and citizens who helps Astdarj currency bloc chunky in homes to banks and make it more economically feasible for the country where he will be used in large development projects in deposits
[tlm724] he said the citizen who intended private banks to deposit his money has to be comfortable with it and confident that it is investing in the right direction and that there is protection for his money , which can be moved calculated continuously without problems.
[tlm724] it was Jaber explained in an interview earlier the importance of working on the development of human resources to operate in the banking and brought into the sector in the development courses under the supervision of international experts, noting that workers in the financial sector must be known for their high professionalism to enable advanced banking products offered by international banks to their customers of companies and citizens.
[tlm724] great news !!!
http://ift.tt/22W6uiD
~~~~~~~~~~~~~~~
Requiring officials to disclose their financial interests annually via the website
9/6/2016 0:00 Baghdad , Alaa al - Taie revealed President of the Economic Minister 's Advisor appearance of Mohammed Saleh that the government is serious steps in order to activate the law «Where did you get this» in coordination with the Integrity Commission,
pointing out that this step comes as part of its campaign to fight corruption and the disclosure of receivables senior financial officials, and in while explained that the government would be required officials to submit annual statements on your website site body integrity, retarded them warned of legal accountability.
Saleh pointed out in an interview for »morning», that « the government measures in coordination with the Commission on Public integrity have been taken in order to activate the law« where you this »within the anti - corruption campaign and packages reforms announced by the prime minister in advance», adding that « the annual financial statements of senior officials will be published on the website».
he said the economic advisor to the prime minister, that «if we found sleep to the wealth of one of the officials of the money or property not included in the annual statements its own is not in keeping with its revenues declared , it will be subject to legal and judicial accountability »,
indicating that« this measure is intended to ensure the transparency of the biography of state officials and taxpayers to assume high - level positions and not to use the powers to enrich the expense of public funds or abuse of office for personal interests », adding that «filling disclosure of financial receivables ,
which offers to integrity in place years ago forms system includes senior civil servants is that he will take new measures include the deployment of those forms on the website of the integrity Commission site in order to activate the law« Where did you get this ».
mentions the government launched a program to combat corruption within the reform process of comprehensive aims to make economic and political reforms and the fight against corruption to ensure the implementation of a comprehensive government program.
imposes the integrity Law in force on the senior civilian officials from the country 's president until the degree of director general of the security forces from the Minister
until the rank of lieutenant colonel disclosed their financial interests to make sure of the legality of the growing wealth and possessions , and their wives and children in the maintenance after the ascension of high office in the state in line with the declared incomes. http://ift.tt/1YgqBrb
[tlm724] Economic Minister 's Advisor appearance of Mohammed Saleh that the government is serious steps in order to activate the law «Where did you get this» in coordination with the Integrity Commission *wolfwhistle*
[tlm724] this step comes as part of its campaign to fight corruption and the disclosure of receivables senior financial officials
[tlm724] and now with integrity commission jailing the corrupt I bet alot of these officials are shakin in their boots
[tlm724] love it when a plan comes together Wink
http://ift.tt/22W5TNP
~~~~~~~~~~~~~~~~~
The discovery of 148 cases administrative corruption and Mali in the inner circles in Baghdad during the month of May
Local Since 06.09.2016 at 12:41 (Baghdad time) BAGHDAD - balances News
Announced inspection Baghdad Directorate of the Office of the Inspector General of the Interior Ministry in its report for the month of May of 2016, on Thursday, that Mlakatha able during the month of the discovery of 148 cases administrative and financial corruption in the departments of the Ministry in Baghdad came as a result of the work of inspection and audit conducted by Mlakatha there.
The report, issued by the Office of the Inspector General of the Interior Ministry, received / balances News / copy of it, that "the report of the Directorate formed during the month (41) of the Committee on auditing and the b (3) inspection visits and (190) inspection tour on the joints of the ministry and its departments in Baghdad , resulted in the discovery of 134 case of administrative corruption and (14) the case of financial corruption. "
The report pointed out that "the cases detected in the area of financial corruption were (7) cases of bribery and cases of theft and embezzlement of ideals and one to hide my case materials and waste of public money.
He pointed out that "cases detected in the area of administrative corruption was (16) state of exploitation of a functional and (5) cases of abuse of power and (37) the case of forgery and (76) the case of negligence."
The cadres of the Office of the Inspector General of the Interior Ministry take on the performance of the departments and the joints of the ministry 's control in order to reduce the administrative and financial corruption and evaluate and assess the performance of its staff in order to ensure provision of the best services and the highest levels of performance in the implementation of the tasks and duties assigned to them. LINK
[tlm724] the discovery of 148 cases administrative and financial corruption in the departments of the Ministry in Baghdad came as a result of the work of inspection and audit conducted by Mlakatha there.
[tlm724] i am lovin it ! Wink and they are throwing people in prison !!
tlm724 Interior inspector: the discovery of 148 cases of corruption in the ministry during the last month
BAGHDAD - A Journal Announced inspection Baghdad Directorate of the Office of the Inspector General of the Interior Ministry in its report for the month of May of 2016, on Thursday, that Mlakatha able during the month of the discovery of 148 cases administrative and financial corruption in the departments of the Ministry in Baghdad came as a result of the work of inspection and audit conducted by Mlakatha there.
The office said in a report received (Il Giornale) a copy of it, that "the Directorate formed during the month (41) of the Committee on auditing and the b (3) inspection visits and (190) inspection tour on the joints of the ministry and its departments in Baghdad, resulted in the discovery of 134 corruption cases administrative and (14) the case of financial corruption. "
He pointed out that "cases detected in the area of financial corruption were (7) cases of bribery and cases of theft and embezzlement of ideals and one to hide my case materials and waste of public money".
He added that "the cases detected in the area of administrative corruption was (16) state of exploitation of a functional and (5) cases of abuse of power and (37) the case of forgery and (76) the case of negligence," LINK
http://ift.tt/1YgqHiP
~~~~~~~~~~~~~~~~
Consultant Abadi: Currency market focus monopolistic central policy weighed on the dollar cut
09/06/2016 01:05 | Direction Press / Baghdad The prime minister of financial affairs adviser to the appearance of Mohammed Saleh, Thursday, that the focus of the currency market monopoly, noting that recent central policy weighed on the dollar cut
Saleh said in a press interview: the central bank has the ability to maneuver in the market as a supporter and provider of foreign currency, "noting that" the bank can maneuver and manages the rules of the game properly and provide adequate view of the foreign currency. "
Saleh added that " the Bank 's recent decision on empowering citizens to take the difference of it and is suing themarket institutions that conflicts at the expense of price is an intelligent , " adding that "there is a focus monopolistic big in the currency market."
Saleh continued that "a bank the latest shock in market by addressing the monopoly and speculation and left after it cut through the exchange rates , "explaining that" the central bank 's large and able to deal with the monopoly and speculation that occur in the market Foundation. "
He called on the Iraqi Central Bank, on 6 June , the current citizens and merchants who pay more than 1200 dinars for the dollar , which they purchased from banks or remittance companies to submit a complaint to him, at the time saw the dollar exchange rate gradually decrease after this decision amounted to 1260 per dollar , compared to 1300 to the dollar before the issuance of the decision.
http://ift.tt/22W6hvX;
[tlm724] the central bank has the ability to maneuver in the market as a supporter and provider of foreign currency, "noting that" the bank can maneuver and manages the rules of the game properly and provide adequate view of the foreign currency.
[tlm724] the bank can maneuver and manages the rules of the game properly and provide adequate view of the foreign currency
[tlm724] wait til bubbies see's that !
[tlm724] adding that "there is a focus monopolistic big in the currency market."
[tlm724] about time !!
[tlm724] I was ^^^ gonna put a cuss word right there but bit my finger
[tlm724] that "a bank the latest shock in market by addressing the monopoly and speculation and left after it cut through the exchange rates , "explaining that" the central bank 's large and able to deal with the monopoly and speculation that occur in the market Foundation. "
[tlm724] oh be sure to tell everyone you have control but you never exercised it ! bunch of goobers let the bus run, they coulda and shoulda fixed this long ago, the CBI is no place for incompetence
[tlm724] but now they have the IMF and WB working it baby
[shunshine] yep
[tlm724] *hallelujah* thank you Lord !
Shredd CO-ADMINISTRATOR Really good article, explicitly speaking to rate stability. Great timing too imo.
Tariq said in an interview with «morning»: the building bridges of trust between the parties to the process is working to create a sophisticated banking system , where he leads the high volume of banking transactions to expand the services that must be provided to the public benefit,
and here will create a state of competition between the banks on the development of advanced banking systems able to attract the largest number of customers, and we will reach the inevitable result of the effect that the developed banking sector competes with regional and international and unable to cope with the large numbers required by the banking sector banks.
escrow company and pointed out that the association is working hard on in order to communicate with the central bank to accelerate the establishment of this company because of its great economic feasibility of the country, as sought for a long time to get the legislation guaranteeing bank deposits for his role in the revitalization of the financial mobility within the banking sector. the economic expert Mohammad Ali Jaber, describing the «morning» this step task and it 's real development in Iraq key,
pointing out that they contribute greatly to the employment of the money supply large in excess of $ 20 billion in development projects after deposited in private banks, and the positives of this approach is to keep the money on the dangers of compactness in homes.
Jaber stressed the importance of communication between the media , the banking sector to develop programs to promote banking culture in the public opinion and give this trend much attention, especially one that works to strengthen the country 's economy, employing deposits in large development projects achieved a great benefit for the country.
he said the citizen who intended private banks to deposit his money has to be comfortable with it and confident that it is investing in the right direction and that there is protection for his money , which can be moved calculated continuously without problems.
it was Jaber explained in an interview earlier the importance of working on the development of human resources to operate in the banking and brought into the sector in the development courses under the supervision of international experts, noting that workers in the financial sector must be known for their high professionalism to enable advanced banking products offered by international banks to their customers of companies and citizens.
http://ift.tt/1YgrbFD
[tlm724] Ensuring first steps to boost confidence between banks and citizens who helps Astdarj currency bloc chunky in homes to banks and make it more economically feasible for the country where he will be used in large development projects in deposits
[tlm724] he said the citizen who intended private banks to deposit his money has to be comfortable with it and confident that it is investing in the right direction and that there is protection for his money , which can be moved calculated continuously without problems.
[tlm724] it was Jaber explained in an interview earlier the importance of working on the development of human resources to operate in the banking and brought into the sector in the development courses under the supervision of international experts, noting that workers in the financial sector must be known for their high professionalism to enable advanced banking products offered by international banks to their customers of companies and citizens.
[tlm724] great news !!!
http://ift.tt/22W6uiD
~~~~~~~~~~~~~~~
Requiring officials to disclose their financial interests annually via the website
9/6/2016 0:00 Baghdad , Alaa al - Taie revealed President of the Economic Minister 's Advisor appearance of Mohammed Saleh that the government is serious steps in order to activate the law «Where did you get this» in coordination with the Integrity Commission,
pointing out that this step comes as part of its campaign to fight corruption and the disclosure of receivables senior financial officials, and in while explained that the government would be required officials to submit annual statements on your website site body integrity, retarded them warned of legal accountability.
Saleh pointed out in an interview for »morning», that « the government measures in coordination with the Commission on Public integrity have been taken in order to activate the law« where you this »within the anti - corruption campaign and packages reforms announced by the prime minister in advance», adding that « the annual financial statements of senior officials will be published on the website».
he said the economic advisor to the prime minister, that «if we found sleep to the wealth of one of the officials of the money or property not included in the annual statements its own is not in keeping with its revenues declared , it will be subject to legal and judicial accountability »,
indicating that« this measure is intended to ensure the transparency of the biography of state officials and taxpayers to assume high - level positions and not to use the powers to enrich the expense of public funds or abuse of office for personal interests », adding that «filling disclosure of financial receivables ,
which offers to integrity in place years ago forms system includes senior civil servants is that he will take new measures include the deployment of those forms on the website of the integrity Commission site in order to activate the law« Where did you get this ».
mentions the government launched a program to combat corruption within the reform process of comprehensive aims to make economic and political reforms and the fight against corruption to ensure the implementation of a comprehensive government program.
imposes the integrity Law in force on the senior civilian officials from the country 's president until the degree of director general of the security forces from the Minister
until the rank of lieutenant colonel disclosed their financial interests to make sure of the legality of the growing wealth and possessions , and their wives and children in the maintenance after the ascension of high office in the state in line with the declared incomes. http://ift.tt/1YgqBrb
[tlm724] Economic Minister 's Advisor appearance of Mohammed Saleh that the government is serious steps in order to activate the law «Where did you get this» in coordination with the Integrity Commission *wolfwhistle*
[tlm724] this step comes as part of its campaign to fight corruption and the disclosure of receivables senior financial officials
[tlm724] and now with integrity commission jailing the corrupt I bet alot of these officials are shakin in their boots
[tlm724] love it when a plan comes together Wink
http://ift.tt/22W5TNP
~~~~~~~~~~~~~~~~~
The discovery of 148 cases administrative corruption and Mali in the inner circles in Baghdad during the month of May
Local Since 06.09.2016 at 12:41 (Baghdad time) BAGHDAD - balances News
Announced inspection Baghdad Directorate of the Office of the Inspector General of the Interior Ministry in its report for the month of May of 2016, on Thursday, that Mlakatha able during the month of the discovery of 148 cases administrative and financial corruption in the departments of the Ministry in Baghdad came as a result of the work of inspection and audit conducted by Mlakatha there.
The report, issued by the Office of the Inspector General of the Interior Ministry, received / balances News / copy of it, that "the report of the Directorate formed during the month (41) of the Committee on auditing and the b (3) inspection visits and (190) inspection tour on the joints of the ministry and its departments in Baghdad , resulted in the discovery of 134 case of administrative corruption and (14) the case of financial corruption. "
The report pointed out that "the cases detected in the area of financial corruption were (7) cases of bribery and cases of theft and embezzlement of ideals and one to hide my case materials and waste of public money.
He pointed out that "cases detected in the area of administrative corruption was (16) state of exploitation of a functional and (5) cases of abuse of power and (37) the case of forgery and (76) the case of negligence."
The cadres of the Office of the Inspector General of the Interior Ministry take on the performance of the departments and the joints of the ministry 's control in order to reduce the administrative and financial corruption and evaluate and assess the performance of its staff in order to ensure provision of the best services and the highest levels of performance in the implementation of the tasks and duties assigned to them. LINK
[tlm724] the discovery of 148 cases administrative and financial corruption in the departments of the Ministry in Baghdad came as a result of the work of inspection and audit conducted by Mlakatha there.
[tlm724] i am lovin it ! Wink and they are throwing people in prison !!
tlm724 Interior inspector: the discovery of 148 cases of corruption in the ministry during the last month
BAGHDAD - A Journal Announced inspection Baghdad Directorate of the Office of the Inspector General of the Interior Ministry in its report for the month of May of 2016, on Thursday, that Mlakatha able during the month of the discovery of 148 cases administrative and financial corruption in the departments of the Ministry in Baghdad came as a result of the work of inspection and audit conducted by Mlakatha there.
The office said in a report received (Il Giornale) a copy of it, that "the Directorate formed during the month (41) of the Committee on auditing and the b (3) inspection visits and (190) inspection tour on the joints of the ministry and its departments in Baghdad, resulted in the discovery of 134 corruption cases administrative and (14) the case of financial corruption. "
He pointed out that "cases detected in the area of financial corruption were (7) cases of bribery and cases of theft and embezzlement of ideals and one to hide my case materials and waste of public money".
He added that "the cases detected in the area of administrative corruption was (16) state of exploitation of a functional and (5) cases of abuse of power and (37) the case of forgery and (76) the case of negligence," LINK
http://ift.tt/1YgqHiP
~~~~~~~~~~~~~~~~
Consultant Abadi: Currency market focus monopolistic central policy weighed on the dollar cut
09/06/2016 01:05 | Direction Press / Baghdad The prime minister of financial affairs adviser to the appearance of Mohammed Saleh, Thursday, that the focus of the currency market monopoly, noting that recent central policy weighed on the dollar cut
Saleh said in a press interview: the central bank has the ability to maneuver in the market as a supporter and provider of foreign currency, "noting that" the bank can maneuver and manages the rules of the game properly and provide adequate view of the foreign currency. "
Saleh added that " the Bank 's recent decision on empowering citizens to take the difference of it and is suing themarket institutions that conflicts at the expense of price is an intelligent , " adding that "there is a focus monopolistic big in the currency market."
Saleh continued that "a bank the latest shock in market by addressing the monopoly and speculation and left after it cut through the exchange rates , "explaining that" the central bank 's large and able to deal with the monopoly and speculation that occur in the market Foundation. "
He called on the Iraqi Central Bank, on 6 June , the current citizens and merchants who pay more than 1200 dinars for the dollar , which they purchased from banks or remittance companies to submit a complaint to him, at the time saw the dollar exchange rate gradually decrease after this decision amounted to 1260 per dollar , compared to 1300 to the dollar before the issuance of the decision.
http://ift.tt/22W6hvX;
[tlm724] the central bank has the ability to maneuver in the market as a supporter and provider of foreign currency, "noting that" the bank can maneuver and manages the rules of the game properly and provide adequate view of the foreign currency.
[tlm724] the bank can maneuver and manages the rules of the game properly and provide adequate view of the foreign currency
[tlm724] wait til bubbies see's that !
[tlm724] adding that "there is a focus monopolistic big in the currency market."
[tlm724] about time !!
[tlm724] I was ^^^ gonna put a cuss word right there but bit my finger
[tlm724] that "a bank the latest shock in market by addressing the monopoly and speculation and left after it cut through the exchange rates , "explaining that" the central bank 's large and able to deal with the monopoly and speculation that occur in the market Foundation. "
[tlm724] oh be sure to tell everyone you have control but you never exercised it ! bunch of goobers let the bus run, they coulda and shoulda fixed this long ago, the CBI is no place for incompetence
[tlm724] but now they have the IMF and WB working it baby
[shunshine] yep
[tlm724] *hallelujah* thank you Lord !
Shredd CO-ADMINISTRATOR Really good article, explicitly speaking to rate stability. Great timing too imo.
tlm724 Abadi adviser: the focus of the currency market monopoly
06/09/2016 12:13 The prime minister of financial affairs adviser to the appearance of Mohammed Saleh, Thursday, that the currency epicenter of monopolistic market, noting that the recent central policy weighed on the reduction of the dollar.
aleh said in an interview, the central bank has the ability to maneuver in the market as a supportive and provided the foreign currency ", noting that " the bank can maneuver and manages the rules of the game properly and provide adequate view of the foreign currency."
Saleh added that " the Bank 's recent decision on empowering citizens to take the difference of it and is suing the market institutions that conflicts at the expense of price is an intelligent action , " adding that "there is a big focus of monopoly in the currency market."
Saleh continued that "a bank shocked the market by addressing the monopoly and speculation and left after it cut through the exchange rates , " explaining that " the central bank 's large and able to deal with the monopoly and speculation Foundation occur in the market. "
http://ift.tt/1Ygrsbo
http://ift.tt/1RYnzQT
tlm724 Abadi adviser: the focus of the currency market monopoly
06/09/2016 12:13 The prime minister of financial affairs adviser to the appearance of Mohammed Saleh, Thursday, that the currency epicenter of monopolistic market, noting that the recent central policy weighed on the reduction of the dollar.
aleh said in an interview, the central bank has the ability to maneuver in the market as a supportive and provided the foreign currency ", noting that " the bank can maneuver and manages the rules of the game properly and provide adequate view of the foreign currency."
Saleh added that " the Bank 's recent decision on empowering citizens to take the difference of it and is suing the market institutions that conflicts at the expense of price is an intelligent action , " adding that "there is a big focus of monopoly in the currency market."
Saleh continued that "a bank shocked the market by addressing the monopoly and speculation and left after it cut through the exchange rates , " explaining that " the central bank 's large and able to deal with the monopoly and speculation Foundation occur in the market. "
http://ift.tt/1Ygrsbo
http://ift.tt/1RYnzQT
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