Iqd chat, 5 June

by Rosy Tue Jun 05, 2018 3:31 pm

Spectra ((The Association of Iraqi Private Banks praises the establishment of the National Payments Council))--6/4/2018_

The Association of Iraqi Private Banks praised the establishment of the Central Bank of the National Payments Council, which will increasebanking services.

The governor of the Central Bank of Iraq, Ali al-Alaq, chaired the first meeting of the National Payments Council, which includes the Central Bank of Iraq, government banks, the Association of Iraqi Private Banks, electronic payment companies and representatives of the security services .

"The establishment of the National Bank of Payments by the Central Bank of Iraq is a very important step that will make the private sector contribute to determining the future vision and strategy and achieving banking reforms, in addition to increasing coordination and cooperation with the authorities," Wadih al-Hanalal, head of the Iraqi Private Banks Association, told Al-Iktissad News.

"The National Payments Council also aims to monitor and develop the banking legal environment that contributes to the application and development of payment and settlement systems and means of payment."

He explained that "the tasks of the National Payments Council are based on supporting the infrastructure of the payment system that is in line with the recommendations of the Basel Committee for Payment and Settlement, the International Monetary Fund, the World Bank and others."

He added that "the National Payments Council will follow up clearing systems and the depository and transfer center to settle transactions in the stock market and contribute In the development of electronic payment methods. "

Spectra    On the other hand, the Governor of the Central Bank Ali Al-Alaq said during the meetingthat " the National Payments Council will strengthen the strong relationship with the banking sector." He pointed out that "the Council will be the guide that evaluates and monitors the system of payments through the inclusion of visions and proposals by members of the Council . "

For his part, the representative of the World Bank said that the meeting, said that " the Council of National Payments attended an advanced step , especially since there is a 40% ؜ from the central bank has a board payments , " expected to "contribute through international participations support payments system in Iraq" .

Spectra    http://economy-news.net/content.php?id=12552

Spectra    (( The World Is Poised on the Brink of a New Order of Peace and Development)) 6/4/2018 A truly spectacular transformation in the history of Mankind is now in clear sight, in the near future, if the citizens of the world have the courage to seize the opportunity. One recalls Friedrich Schiller's famous epigram "The Moment," reflecting on the results of the French Revolution:

"A momentous epoch hath the cent'ry engender'd, Yet the moment so great findeth a people so small."

Can the human race today rise to the greatness of this moment?

https://larouchepac.com/20180604/world-poised-brink-new-order-peace-and-development#.WxVLfxMy7Zc.twitter

Spectra    Pinned Tweet OCHA Iraq @OCHAIraq
Coming out of 4 years of conflict, 8.7 million people need urgent humanitarian assistance in #Iraq. They are bracing for months of extreme summer heat. Here’s how you can help: http://bit.ly/GiveToIraq #InvestInHumanity #RamadanKareem

Spectra    WOULD BE NICE TOO SEE THEIR GOVERNMENT HELP AS WELL.. ;eye roll;

chattels     Monday, June 4, 2018 Iraq’s Troubles Fighting Corruption Interview With Vincent Foulk Former US Anti-Graft Official

http://musingsoniraq.blogspot.com/2018/06/iraqs-troubles-fighting-corruption.html?m=1

chattels
http://musingsoniraq.blogspot.com/2018/06/iraqs-troubles-fighting-corruption.html?m=1

Xbruster69    doo da doo da doooo.. Redenomination killed the Revalue-Kid .... like the song...read more: https://dinaresgurus.blogspot.com/2018/06/iqd-chat-5-june.html