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Sat. AM TNT Iraq News Articles 3-4-23

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TNT

CandyKisses:
Parliamentary integrity 31 accused of stealing the century

Information / Baghdad..

A member of the Parliamentary Integrity Committee, Ali Turki Al-Jamali, revealed, on Saturday, the involvement of 31 accused in the tax secretariat file, the theft of the century, indicating that there are personalities who held high positions in the previous government involved in the tax secretariat process. 

Al-Jamali said in an interview with Al-Maalouma Agency, “The government and judicial investigations are continuing regarding the file of theft of tax secretariats to recover the looted funds in full and to hold those involved in this major crime accountable.”

He added, “There are approximately 31 people accused of stealing the century, and their files have not been followed up,” noting that “the Parliamentary Integrity Committee is closely following up with the judiciary the procedures for searching for the parties involved in stealing the century.”

He demanded “an in-depth investigation to uncover all those involved in these thefts,” pointing out that “there are personalities who held high positions in the previous government involved in the theft of tax secretariat funds.” 

The head of the parliamentary fact-finding committee, Hanan Al-Fatlawi, revealed, in a previous interview with Al-Maalouma Agency, new details regarding the theft of the century, amounting to 3 trillion and 811 billion and 3,700 million of tax secretariat funds, indicating that the money transfer books in favor of the accused Prime Minister, Nour Zuhair, were issued by the office of Prime Minister Mustafa. Al-Kazemi.

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The largest inflows into global monetary funds since the beginning of the Corona pandemic

Investors pumped money into cash funds at the largest pace in nearly 3 years last week.

According to data from Bank of America’s weekly report, monetary funds received $68.1 billion in cash flows last week, the largest pace since April 2020, <>.

Global equities hit a two-month low while bond yields rose last week.

This coincided with the assessment of monthly inflation data, and the follow-up of statements by monetary policy officials on interest rates.

Bond funds received inflows of $8.4 billion, while global equities recorded an outflow of $7.4 billion, while investors pumped $900 million into gold funds.

Emerging bond funds recorded an outflow of $1.8 billion, while investors poured $2.4 billion into emerging equity funds.

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Central Bank: There is a tendency to use cash machines and reduce the use of cash

The Central Bank confirmed today, Saturday, that the current year will witness a significant and tangible development for the banking sector, pointing to the trend to use cash machines and reduce cash.

“The banking sector is witnessing clear reforms that began with the pressure of external transfers,” said the assistant governor of the Central Bank Ammar Hamad Khalaf in a speech followed by NRT Arabic, noting that “we are continuing reforms for all levels, and there is reform in electronic payment.”

Khalaf added, “The state’s orientation in general is in the use of cash machines and reducing the use of cash in the process of exchanging the banking sector, which suffers from some old problems,” noting that “the Central Bank is continuing the reform process with these challenges that guide public and private banks that have an important role in meeting the needs of the banking sector.”

He continued, “The Central Bank has worked on facilities for traders of financing and external transfer of trade, and there is a clear commitment in the Anti-Money Laundering Law to finance terrorism,” pointing out that “the banking sector is the main sector in any economic development, and infrastructure in the financial sector is a fundamental pillar of any economic development and growth.”

He explained, “The current year will witness a great, noticeable and tangible development for the banking sector and the electronic payment process,” pointing out that “there are wide measures within the powers of the Central Bank, but also there is an important aspect on the ground that needs legislation, and therefore the issue of the exchange rate, which occupies all citizens and its stability is the responsibility of everyone.”

Khalaf stressed that “the Central Bank works, initiates and issues instructions and orders to facilitate proper access to foreign currency, whether they are travelers and traders,” pointing out that “this meeting will be the beginning of continuous communication between the real sector and the banking sector to reduce the challenges and problems facing the two sectors, and we will be present as a central bank and listen to any challenges and overcome all difficulties.”

In conclusion, he thanked “Prime Minister Mohammed Shia Al-Sudani for his continuous support, communication and meetings with various sectors.”

Tishwash:
The Central Bank announces reforms in electronic payment and banking operations

Today, Saturday, the Central Bank announced a package of reforms in electronic payment operations and the banking sector, indicating that the current year will witness a significant, remarkable and tangible development for the banking sector.

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The Deputy Governor of the Central Bank, Ammar Hamad Khalaf, said in a speech during the forum and exhibition of banking and commercial services for merchants and businessmen: “The banking sector is witnessing clear reforms that started with the pressure of external transfers,” noting that “we are continuing reforms at all levels, and there is a reform in electronic payment.” .

He added, “The state’s orientation in general is to use cash devices and reduce the use of cash in the process of exchanging the banking sector, which suffers from some old problems,” noting that “the Central Bank continues in the reform process with these challenges that direct public and private banks that have an important role in meet the needs of the banking sector.

He explained, “The Central Bank has worked on facilities for financing merchants and external transfer of trade, and there is a clear commitment in the law to combat money laundering for financing terrorism,” pointing out that “the banking sector is the main sector in any economic development, and the infrastructure in the financial sector is a fundamental pillar of any development.” and economic growth.”

He pointed out that “the current year will witness a significant, remarkable and tangible development for the banking sector and the electronic payment process,” noting that “there are extensive measures within the powers of the Central Bank, but there is also an important aspect that falls on the ground in need of legislation, and therefore the issue of the exchange rate that concerns all citizens Its stability is everyone’s responsibility.”

And Khalaf stated, “The Central Bank works, legislates, and issues instructions and orders to facilitate proper access to foreign currency, whether they are travelers or merchants,” pointing out that “this meeting will be the beginning of continuous communication between the real sector and the banking sector to reduce the challenges and problems facing the two sectors, and we will be present as a bank.” Central, listening to any challenges and overcoming all difficulties.   link

Source: Dinar Recaps

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