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1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

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Featured Post

"Election Trio" - RV/GCR Intel - Sunday - December 4, 2016

Received via email at 9:07 AM EST for publication. ~ Dinar Chronicles     The North American RV is currently just waiting on a trio ...

Sunday, November 13, 2016

Dinar Updates Daily Chat Log for Sunday 11/13/16 - Part 2

Dinar Updates Daily Chat Log

Part 2 - No Featured Members

subgirl says to DIGIman1(11:56 AM):

can you copy again? please :)

DIGIman1 says(11:57 AM):

Money is the root of all bills

subgirl says to DIGIman1(11:58 AM):

thank you digi for copying all morning!!!! :) YOU ROCK!!!!! :)

DIGIman1 says(11:58 AM):

sent you a email btw :)

DIGIman1 says(11:58 AM):

yvw :)

subgirl says to DIGIman1(11:58 AM):

ok thanks :)

(11:58 AM)DIGIman1.copy changed nickname to DIGIman1!

(11:59 AM)dreamway was kicked out by dreamway!

Doug_W says(12:00 PM):

SUBBY

(12:00 PM)Be sure to join the Dinar Updates “private” FaceBook Group… https://www.facebook.com/groups/571383766355188/ (go here and ask to join… then add some Dinar Friends!!)

Doug_W says(12:00 PM):

today ??

subgirl says to Doug_W(12:00 PM):

DOUG_W!!!! NOPE lol

Doug_W says(12:00 PM):

bbl I have to bring in a dishwasher

subgirl says to Doug_W(12:00 PM):

you will need to ask me tomorrow!!! lol

Doug_W says(12:00 PM):

meany !!

subgirl says to Doug_W(12:01 PM):

lol

subgirl says to Doug_W(12:01 PM):

one of these days lol

subgirl says to Doug_W(12:01 PM):

brb

subgirl says(12:29 PM):

from Loop :) thanks Loop :)

subgirl says(12:29 PM):

Dollar rises of up to 131,000 Iraqi dinars on Sunday Stock Exchange

13/11/2016

(Independent) ... the dollar gradually in local markets slightly in today's stock market price rose Sunday.

Bourse struggle - Baghdad 130.500 dinars, while the stock market for Saturday, 130.400

Buying and selling in shops Banking Rates:

Dollar selling price = 131,000 dinars.

The purchase price of the dollar = 130,000 dinars.

subgirl says(12:32 PM):

another one from loop :)

subgirl says(12:32 PM):

Minister of Energy and Mineral Resources of Jordan arrives in Baghdad

13/11/2016

(Independent) ... arrived and Minister of Energy and Mineral Resources of Jordan Ibrahim Saif to Baghdad on an official visit to discuss joint cooperation projects between the two countries, and Iraq's draft - Jordanian oil pipeline.

The Jordanian Ministry of Energy in a statement that followed the (independent) on Sunday that "the Minister of Energy and Mineral Resources Ibrahim Saif, arrived in Baghdad on an official visit will last for two days," noting that "The minister will hold talks with his Iraqi counterpart Jabar Luaibi and a number of senior Iraqi Almsaliyn concentrated on ways of enhancing joint cooperation in the energy sector and joint ventures between the two countries, particularly Iraq's draft - Jordanian oil pipeline. "

The statement added that "the visit is covered developments related to a project to build a pipeline to export Iraqi oil through the territory of the Hashemite Kingdom of Jordan, from the port of Aqaba and the possibility of extending the pipeline for natural gas in order to diversify its natural gas sources in Jordan," he said, adding, that "the Iraqi oil pipeline project will open the way for Iraq increased its oil exports to world markets by one million barrels a day through the port of Aqaba. "

The statement continued that "the pipeline will provide Jordan with its needs of crude oil and by a hundred thousand barrels per day, as well as to contribute to cover part of the needs of the Kingdom of natural gas at a rate of a hundred million cubic feet per day if available." (End)

Doug_W says(12:39 PM):

http://www.dinarupdates.com/showthre...-Baghdad-11-13

subgirl says(12:57 PM):

thank u

subgirl says(12:59 PM):

interesting article about electricity from bobby :)

subgirl says(12:59 PM):

Electricity: the citizen would pay 80% lower bills as paid by the generator capacity

2016-11-13 12:01 p.m

Baghdad scales news

The electricity Ministry said Sunday, invest in power distribution sector will provide citizens with the mains for 24 hours, asserting that the citizen will be repaid through this project 80% less bills paid for generators with capacity indicated that it would end stranded that reached 50% of the volume of production.

Ministry spokesman Musab teacher in a statement/balance of news copy, "the Ministry reimbursed 80% less bills paid by civil generator through the power distribution sector investment project, which began in some areas of Baghdad and equip 24 hours", noting that "the citizen pays an annual capacity of approximately generators (10) billion dollars, while the Government will boost the citizen in this project between 20-25% of that amount.

The teacher added that "tariffs applied in this project is the same as the tariff currently in force, and that is where government support up to 94% of those who consume less (1000) units of kW/hour, equivalent to (10) amp, and support with increased consumption", adding that "the goal of the project is to end the energy crisis and finish a 50% reached by the decreasing of the volume of production.

The teacher pointed out that "the Ministry worked on all areas of Baghdad in Karkh side and Resafe all the areas of Basra and Karbala and Samarra, Samawah and Nasiriyah architecture and 50% of Al Kut, in addition to providing the rest of the companies in the governorates of Babel and Najaf," hoping that "up to 80% referral regions of Iraq at the end of this year."

The experience of privatization in the electricity Ministry of electricity since last August, hauling supply residential areas to an investment company for the purpose of managing the distribution process through the latter maintaining distribution networks, prevent overtaking on the national system, as well as obtaining invoices for processing citizen b (24) hours

(1:00 PM)Check out THE BLOG - http://www.dinarupdates.com/blog/ - for the latest Dinar News, Documents and Call banners

baxter says(1:04 PM):

Subby... Thank you so much for whipping Michigan (y)

(1:14 PM)honeybee12 was kicked out by honeybee12!

Soonergirlie says(1:26 PM):

(y)

subgirl says to baxter(1:32 PM):

lol your welcome lol just kidding lol

subgirl says to baxter(1:32 PM):

was a great game wasn't it? lol just had to tease Jetset!! lol

baxter says(1:32 PM):

what a gameSubby... wow

subgirl says to baxter(1:33 PM):

lol

baxter says(1:33 PM):

sure helped my Buckeyes... :)

subgirl says to baxter(1:33 PM):

sorry jet just had to say that lol :) :$ after that Penn state game last weekend lol

subgirl says to baxter(1:33 PM):

I bet it did lol

subgirl says to baxter(1:33 PM):

ok back to the news lol :)

baxter says(1:33 PM):

teams 2,3, 4.. all lost.... wow

subgirl says to baxter(1:34 PM):

:)

subgirl says to baxter(1:34 PM):

Electricity: the citizen would pay 80% lower bills as paid by the generator capacity

2016-11-13 12:01 p.m

Baghdad scales news

The electricity Ministry said Sunday, invest in power distribution sector will provide citizens with the mains for 24 hours, asserting that the citizen will be repaid through this project 80% less bills paid for generators with capacity indicated that it would end stranded that reached 50% of the volume of production.

Ministry spokesman Musab teacher in a statement/balance of news copy, "the Ministry reimbursed 80% less bills paid by civil generator through the power distribution sector investment project, which began in some areas of Baghdad and equip 24 hours", noting that "the citizen pays an annual capacity of approximately generators (10) billion dollars, while the Government will boost the citizen in this project between 20-25% of that amount.

The teacher added that "tariffs applied in this project is the same as the tariff currently in force, and that is where government support up to 94% of those who consume less (1000) units of kW/hour, equivalent to (10) amp, and support with increased consumption", adding that "the goal of the project is to end the energy crisis and finish a 50% reached by the decreasing of the volume of production.

The teacher pointed out that "the Ministry worked on all areas of Baghdad in Karkh side and Resafe all the areas of Basra and Karbala and Samarra, Samawah and Nasiriyah architecture and 50% of Al Kut, in addition to providing the rest of the companies in the governorates of Babel and Najaf," hoping that "up to 80% referral regions of Iraq at the end of this year."

The experience of privatization in the electricity Ministry of electricity since last August, hauling supply residential areas to an investment company for the purpose of managing the distribution process through the latter maintaining distribution networks, prevent overtaking on the national system, as well as obtaining invoices for processing citizen b (24) hours

subgirl says to baxter(1:34 PM):

Read More :http://www.dinarupdates.com/showthre...budget-in-2017

subgirl says to baxter(1:34 PM):

Parliamentary Economy: There are no objections to the approval of Parliament's budget in 2017

economy Since 11/13/2016 13:34 pm (Baghdad time)

Baghdad balances News

Ruled out of the economic and investment commission in Parliament member Abdul-Karim al-Naqib, Sunday, the existence of obstacles to approval of the Parliament of the draft federal budget for the financial state of law for the year 2017.

Said Capt in a statement seen by / balances News /, "The 2017 budget is a copy of its predecessors and thus are the same material and ideas and there's just a difference in income, expenditure and deficit figures and therefore there are no any obstacles for approval in parliament after two weeks."

He stressed "there are no objections on the budget in terms of expenses, revenue, deficit" .anthy 29 / D 24

Doug_W says(1:39 PM):

http://www.dinarupdates.com/showthre...budget-in-2017

baxter says(1:40 PM):

thx Subby...thatsgreat news..

subgirl says to baxter(1:44 PM):

yw :) from Loop in the forum :)

baxter says(1:45 PM):

I dont understand why the Dinar is clear up to 1300... maybe Bgg Will Explain it... thats going the wrong way..

subgirl says to baxter(1:46 PM):

good question and yep tonight is newstime with BGG :)

baxter says(1:46 PM):

yep... thx

baxter says(1:46 PM):

BBL

subgirl says(1:46 PM):

ok baxter :)

subgirl says(1:47 PM):

Don’t MISS – “DU NEWS TIME” w/BGG & Company – Sunday Nov. 13th 7:30pm EST – In the DU CHAT ROOM!!

subgirl says(1:55 PM):

Don’t MISS – “DU NEWS TIME” w/BGG & Company – Sunday Nov. 13th 7:30pm EST – In the DU CHAT ROOM!!

Mudder says to subgirl(1:56 PM):

Got a bit of a studder today Sub???

subgirl says to Mudder(1:56 PM):

lol that would be everyday lol

Mudder says to subgirl(1:57 PM):

(lol):P

subgirl says to Mudder(1:57 PM):

:D:P(lol)

(2:00 PM)THE OBSERVER - http://www.dinarupdates.com/observer/ - Save as a favorite... for Daily Dinar Commentary, Notices and Call banners!!

(2:05 PM)dale was kicked out by dale!

(2:09 PM)honeybee12 was kicked out by honeybee12!

willie60 says(2:26 PM):

Thank you DU team for the "delete the 3 zeros article" today. BGG and company's perspective should be enlightening in Newstime tonight.

'

willie60 says to subgirl(2:27 PM):

And thank you Subgirl. You are a solid rock here.

subgirl says to willie60(2:27 PM):

you are very kind :) thank you!

(2:34 PM)snowhite was kicked out by snowhite!

(2:42 PM)dale was kicked out by dale!

(3:00 PM)Be sure to join the Dinar Updates “private” FaceBook Group… https://www.facebook.com/groups/571383766355188/ (go here and ask to join… then add some Dinar Friends!!)

Doug_W says(3:05 PM):

♥♥♥ ¸¸.•*¨*•♫♥♪¸¸.•*¨*•♫Thank You Subby♪¸¸.•*Clap Clap¨*•♫♥♪¸¸.•*¨*•♫Thank You Subby♪¸¸.•*¨*•♫♥♪¸¸.•Clap Clap*¨*•♫♪¸¸.•*¨*•♫♪ ♥♥♥ © ™® Pat. pend.

Doug_W says(3:05 PM):

♥♥♥ ¸¸.•*¨*•♫♥♪¸¸.•*¨*•♫Thank You Subby♪¸¸.•*Clap Clap¨*•♫♥♪¸¸.•*¨*•♫Thank You Subby♪¸¸.•*¨*•♫♥♪¸¸.•Clap Clap*¨*•♫♪¸¸.•*¨*•♫♪ ♥♥♥ © ™® Pat. pend.

Doug_W says(3:05 PM):

♥♥♥ ¸¸.•*¨*•♫♥♪¸¸.•*¨*•♫Thank You Subby♪¸¸.•*Clap Clap¨*•♫♥♪¸¸.•*¨*•♫Thank You Subby♪¸¸.•*¨*•♫♥♪¸¸.•Clap Clap*¨*•♫♪¸¸.•*¨*•♫♪ ♥♥♥ © ™® Pat. pend.

subgirl says to Doug_W(3:05 PM):

lol

Doug_W says(3:05 PM):

bbl

subgirl says to Doug_W(3:05 PM):

that is so fun lol, thank you for that :) lol

subgirl says to Doug_W(3:05 PM):

ok :) cya laters :)

subgirl says(3:16 PM):

Don’t MISS – “DU NEWS TIME” w/BGG & Company – Sunday Nov. 13th 7:30pm EST – In the DU CHAT ROOM!!

daytrader says to subgirl(3:26 PM):

Hey Subby. Anyone bring in news of Nimrod today? Couldn't find any news articles on it in the forum.

daytrader says to subgirl(3:29 PM):

CNN has it on their banner. Nimrod free of ISIS. This is a link to Nimrud on Goggle Maps; https://www.google.com/maps/place/Mo...7!4d43.1394084

daytrader says to subgirl(3:30 PM):

This puts the Iraqi forces in the heart of Mosul!!!!!

subgirl says to daytrader(3:34 PM):

let me see :) how are you

subgirl says to daytrader(3:35 PM):

no I dont think anyone did.. thank you for sharing

daytrader says to subgirl(3:35 PM):

With all the news, how can anyone holding dinar not be thrilled!!

Subgirl says to daytrader(3:34 PM):

EXACTLY!!

SRW says to daytrader(3:37 PM):

Hey Day, how are ya buddy?

daytrader says to SRW(3:38 PM):

Incredible!! How is your day going?

Movack says(3:38 PM):

Good day all

subgirl says to (3:38 PM):

Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency

Omar Al-Fateh - The reasons for deleting three zeros from the Iraqi dinar and what it means to delete the three zeroes from the Iraqi currency, the fact deleting three zeros from the Iraqi dinar, the official source at the Central Bank of Iraq, said that the beginning of the beginning of 2017, will the central Bey Iraqi deleting three zeros from the currency of Iraq, Finance Committee also announced in parliament that the central bank will start at the beginning of 2017 by deleting three zeros from the local currency, in other words, that the unity of the coin in 1000 dinars from the old currency will be replaced by only one denarius of the new currency, and so on.

Start procedures to delete three zeros from the currency in 2017

Going on in the minds of many Iraqis that the important question of whether to raise (the zeros from the Iraqi dinar) harm or benefit? Thus why do not we raise the zeros, the official source in the Iraqi Central Bank stressed that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the dinar, which will be a key reason for the return of Iraq's economy again in January 2017, the step by Iraq intended to reform the local currency system based on the use of the currency too high denominations, which leads to difficulties in handling and in private transactions accounts, as well as higher prices resulting from the use of monetary units higher categories, which leads to a decline in the currency and declining purchasing power exchange rate the dinar in a big way.

CBI decision to remove three zeros from the Iraqi dinar

subgirl says to Movack(3:38 PM):

Good afternoon :)

loop says(3:39 PM):

Extensive discussions of financial and economic policy for

14/11/2016 0:00

BAGHDAD / Shokran Fatlawi

table Institute of the progress of the policies of development offered to debate the most prominent aspects of the financial and monetary Balseesten, as well as other topics of interest to the country 's economy , including the pension fund file, and the file private sector development through the establishment of a sovereign Council engaged by the government and businessmen in addition to other topics related to the importance of buy local product support for the national economy and to discuss several topics.

On the sidelines of an economic seminar which was hosted by the Finance Committee MP Dr. Magda Tamimi economic adviser to Prime Minister Dr. The appearance of Mohammed and a group of financiers, economists and businessmen.

Launch strategy

and initiated the seminar which was attended by the morning »speech by Director of the Institute d. Mehdi al - Hafez between which the imbalances in the application of fiscal policy , which must be examined as to suffer several problems have affected the national economy and reduced its effectiveness, noting at the same time to the private sector , which is still suffering , despite the launch of the strategy for its development in 2014 , which so far has not been applied file.

Hafiz and called for the need to form a sovereign Council , the government and the private sector and businessmen involved is financed from the state budget to promote this important and vital and supportive of the economy sector.

He said Hafiz to the Central Bank , which has become a tough sell as a result of the currency situation, wondering at the same time about the reasons for declining the central bank reserves of $ 80 billion to $ 47 billion, pointing out that the International Monetary Fund stressed the need for monetary policy in Iraq control.

It is said that selling the currency file at the central bank presented to the House of Representatives earlier, and formed a committee to investigate, the Commission issued a report confirmed that the imports were not passing through customs or taxes, pointing out that the problem still exists yet.

Project pension law

for its part , spoke of the Finance Committee member Dr. Magda Tamimi for several axes , very important ones project pension law, passed by the House of Representatives in 2014, which had been postponed until after the adoption of the budget being requires a lot of study and the use of specialists, as well as ask the question .. Do you have the right to high - ranking officials that received their more than salary even those salaries up to 50 or 60-80 MTD ?, revealing the presence of ministers and MPs earn three salaries under laws passed after 2003 , a non - thought out laws around well, calling for the need to reconsider some of the paragraphs of those laws without prejudice to eligible rights .

Loss of money

and concluded al - Tamimi said the loss of money the country focused in three directions , including phantom projects receiving contractors under which 30 percent of the implementation of the project, while the second trend involves the sale of currency, citing the need to reduce the indiscriminate importation and adoption of the principle of the curriculum import in accordance with the development with the need to requirements establishing controls to regulate the import process that the permeability be import license one year and not three months, noting that the trend the other for the loss of money is the item Martyrs government deputations and how much money spent on those issues to the extent that there are training sessions in the simple areas can take place within the country, not to mention the cause of cars and the accompanying exchange of billions for fuel and maintenance phantom that strain the budget.

loop says(3:39 PM):

Loss of harmony

As a member of the Baghdad Economic Forum d. Majid picture has said that fiscal policy is part of economic policy and the recent absence, it must sign a state of confusion in the financial policy and this is what is happening now , which led to the loss of harmony between fiscal and monetary policies.

Acharalsouri and that the general concept of fiscal policy is the budget but he also understood that this broader view of the fact that it includes tax policy , public debt , and the supervisory and executive bodies.

Suri promise of the Information Management System Balmertkz foundation for a sound financial policy , pointing out that the absence of lead in the inability to adjust the policy, in addition to the confusion in financial policy leads to confusion in the preparation of the budget through some of the items is not feasible.

Including , but not limited to the principle of reducing public spending in relation to expenditure investment and operational compared to the year 2016 , which amounted to about 12 billion dinars, and the second paragraph in the budget is to increase non - oil resources, but in the fact that these resources fell compared with the year 2016 these were revenue more than 14 trillion dinars in 2017 is expected to be 11 trillion dinars there is chaos in the estimates .. adding that the 2017 budget imposed a tax on salaries by 4.8 and the sum of these deductions up to more than two trillion dinars , and these extra revenues and other taxes.

The International Monetary Fund

For his part , the financial advisor to the Prime Minister Dr. The appearance of Mohammed Saleh in his speech that the pensioners fund Savels completely in 2021 for lack of contributions with the growing number of retirees in the coming years, pointing out that the International Monetary Fund when auditing the file retirees discovered that numbered 50,000 retired annually, but in practice found that there is a difference 40 000 degrees It came from the many laws, including the prisoners and martyrs laws and so on .

The participants criticized the absence of the Ministry of Finance for all economic activities that concern the country 's economy as well as their emphasis on the need to pursue the policy of reform brought by the Prime Minister and the restructuring of the State, and the adoption of national tender that determine government agencies to purchase the national product as a policy to support the national economy principle.

Integrated economy , executive director of the Association of Iraqi private banks Ali Tariq said that the development of financial systems in Iraq imperative to create a solid integrated economy, pointing out that Iraq from countries that awaits large volume of work in all production and service sectors, indicating that the association is working on resource development human labor in the banking sector through regular training plan aimed at workers in the public and private sectors.

He pointed out that the discussion of these things , the presence of those in charge of financial systems in the public and private sectors is sectors very important where you can determine the next courses of action needed by the country, and the advancement of fiscal policy in the country is the richest in the world is important, especially as the international effort sophisticated studying meticulously organized environment for the movement of money and businessman before entering any country, and here we have to pick ourselves up and move parallel Balatnin We solicit economic development sustainable.

loop says(3:40 PM):

Financial market investors achieve goals

14/11/2016 0:00

BAGHDAD / Imad emirate

achieved a double economic and financial market they found the national economy and the economy of the family through the investment of funds in investments directed to the sustainable development of the national economy.

Financial market also play a clear role in the absorption of a large part of domestic savings and partly from foreign Maddharan, no reason based on the economic profile of the country to the attention of securities sector to keep pace with global markets, as many of the owners of financial savings there can not find room to invest only through these markets, according to observers, this money finds its way to the asylum money, and they work, who are desperately needed to finance their projects in the form of investments sector real.

Academic Dr Imad al - Ani said that the investment mechanisms are reflected in the financial market in the form of increases in the rate of investment , which doubles the rate of economic growth by attracting surplus funds brokered this market.

High liquidity

and added in an interview for the "morning" by increasing the movement of the money and the speed of rotation in the market, it makes the market enjoys a high degree of liquidity provided to the economy to raise the rates of growth.

And it differs from the concept of liquidity of the financial market for the general concept of the market, since the last known as the asset 's ability to be converted into cash quickly, easily and at a low cost, while the first is defined as trading buying and selling securities ability to issue securities and ease of handling are facilitated by the accumulation of money in the market process Finance.

Portfolio

, said al - Ani, of the main reasons that the owners pay the money to invest in a portfolio is that these investments are characterized by rapidly implementing any speed converted into cash easily and at a low cost.

Indicating that it depends on the degree of liquidity of the financial market and its effectiveness as the greater the degree of market liquidity becomes more efficient tools and so these tools comparable assets in terms of liquidity took exception currency and deposits ongoing.

Commercial banks

and between Ani: these investments are enjoying returns suitable for individuals dealing with, particularly those tools fixed income, which pays individuals savers to convert their possession of the funds with commercial banks and other financial institutions , which usually take the form of bank deposits with annual revenues or quarterly to financial market to invest their tools in a variety of returns.

High demand

and continued Alani, if there is a high demand to subscribe to new securities in the primary market (version Market) matched high demand also in the secondary market (trading market), it will facilitate the possibility of borrowing from the financial market for asylum money, and also indicates the presence of cash flow sufficient securities issued to absorb newly as well as the speed of circulation in the market of Finance.

Targets investors

and Ani concluded his speech by saying: The financial market has achieved the goals of investors seeking capital through the ease of financing investment projects and thus reduce the liquidity problem faced by investors.

Also achieved at the same time the desires of savers exhibitors of capital to ensure suitable for them profit by directing their money in the form of a variety of securities, and then the flow of funds from savers to investors through the financial market.

loop says(3:40 PM):

http://www.dinarupdates.com/showthre...ve-goals-11-13

daytrader says to loop(3:44 PM):

Hey loop. Thanks for the articles. Several interesting statements; It is said that selling the currency file at the central bank presented to the House of Representatives earlier, and formed a committee to investigate, the Commission issued a report confirmed that the imports were not passing through customs or taxes, pointing out that the problem still exists yet. The only way Iraq would know the items didn't come through the customs system is because of the electronic collection of real-time data from each port of entry.

subgirl says to daytrader(3:46 PM):

I like that too... they are using their electronic system...that is very interesting... thank you for those great comments daytrader... :)

loop says to daytrader(3:47 PM):

(y)

SRW says to daytrader(3:50 PM):

That is an interesting statement.. How do you not know something that doesn't exist if the item or product is not shown on paper some where? Hmm..

(3:50 PM)jimplants was kicked out by jimplants!

daytrader says to SRW(3:53 PM):

I would expect that the integrity commission, CBI, and the international teams that are monitoring the auctions already know who was involved. You would think that with the number of arrest warrants being issued for the same reason would deter more of these theives.

loop says(3:54 PM):

Altojerh and benevolent!

14/11/2016 0:00

Maitham Laibi

actually, all the world to recover their economies with a functioning and transparent banking system, through which the money pumped into the body of this economy, Funds such as food for the body, not strong enough , but their existence, they are the engine of production and central Alasthlak.alpennek, and through the private banking system, trying to pump trillion dinars to the body through small and medium - sized loans, which is kind of important loans that will revive the economy and reach a broad group of people , rather than go to the big whales to be Aptlalla.andma Read medium, small and micro loans phrase, perceived by the mind directly, medium and poor families and micro poverty.

Well , the central bank has done that with this initiative, which is long overdue, and personally I wish I could be in a period of "Altojerh" that a package of measures, to be told "all the delay and the finest" ...

Why do I say that!

The first reason is linked to the issue of targeting, an issue very important, and we know the nature of our private banking, and what is km worries them, so as not to reach those loans to the wrong people and go to the fake projects or duplicate, as similar concerns about the reluctance of the payment goes out of the loan or An important part of it , so do not be recycled system Mataa.sbb the other relates to the vulnerability disclosure and transparency, over the past year and a more; and since the start of the announcement of the original lending , the central bank concerning Bal5 billion initiative , the date, and the trillion allocated , including small and medium enterprises dinars, for as long as I wished to highlight on those loans through various means of media, to reach the largest number of people should be publicized, and their benefits, not that it stays depend on seminars qualitative and workshops specialized alleged to have with Alchkhos.alm, my group, on the subject of small and medium loans strives to reach truly to deserving people, and the most desire and serious at work and borrowing and repayment, and there are a myriad of experiences that can be guided by them in this Alsdd.vi India, there is an organized granted small loans to members of women ranging from 50 to 100 dollars, according simple to program, as you get five women together on the loan, and when they pay first pay for a second and when he paid a second push for a third ... and so women are related and are encouraged some of them to ensure the continued Alnzam.hnak a large number of ideas about targeting and recovery, and micro-credit has become a large capital market, its benefits are not the poor who become through which producers rather than to remain unemployed, but on the banking system itself, which achieves a reasonable profit and become more independent of that money, not as is the case with our own system, which gets its loans from the central bank 's banking, as if still a system young and minor.

daytrader says to SRW(3:54 PM):

The CBI just pulled over a 100 banks from participating within the last couple of weeks.

Continue to Part 3 | Link to Part 1

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