Mary B Posted June 12, 2019 Report Share Posted June 12, 2019 The Central Bank is the first institution in the country to issue its final lists on time Economy News _ Baghdad Ernst & Young completed the audit of the final financial statements of the Central Bank of Iraq for the fiscal year 2018 on the legal date set for the end of March 2019. The Central Bank's Accounting Department said in a statement received by "Economy News" that the Board of Directors of the bank ratified the These lists were issued with a positive view (without reservation), which indicates the level of transparency under which the Bank operates and the efforts made in presenting the activities and operations, and the level of disclosure that the institution has. She added that the timely disclosure and "positive opinion" generates important impressions of the institutions and international banks that deal with Iraq, and this is working to encourage investors to deal with financial institutions and banking in Iraq as long as the sectoral control body (the central bank) . The Central Bank is one of the first institutions in Iraq, which annually fulfills the requirements of preparing and auditing the final financial statements on time, which gave the bank a prominent position among the central banks in the region. Views 51 Date Added 06/12/2019 http://economy-news.net/content.php?id=16903 3 2 7 Quote Link to comment Share on other sites More sharing options...
yota691 Posted June 12, 2019 Report Share Posted June 12, 2019 The Central Bank is the first institution in the State of Iraq to issue its final lists on time June 12, 2019 Completed international auditing firm Ernst & Young (Ernst & Young) audit final financial statements of the Central Bank of Iraq for the fiscal year 2018 in the legal deadline the end of March 2019 . The Board of Directors of the Central Bank of Iraq: The Board of Directors of the bank ratified the lists issued with a positive opinion (without reservation), which shows the level of transparency in which the bank works and the efforts in the presentation of activities and processes, and the level of disclosure of this institution . Adding that the disclosure on time and "positive opinion" generates important impressions of the institutions and international banks that deal with Iraq, and this is working to encourage investors to deal with financial institutions and banking in Iraq as long as the sectoral control body (the central bank) Silence . The Central Bank is one of the first institutions in Iraq, which annually fulfills the requirements of preparing and auditing the final financial statements on time, which gave the bank a prominent position among the central banks in the region. Central Bank of Iraq information Office 12 June 2019 1 4 Quote Link to comment Share on other sites More sharing options...
yota691 Posted June 12, 2019 Report Share Posted June 12, 2019 Announcement of Auction Results (ICD310) (for the sale of Islamic certificates of deposit) June 12, 2019 The Central Bank of Jordan approved the auction of ICD310 for the sale of Islamic certificates of deposit for a period of (30) days and the amount of (50) billion dinars (fifty billion dinars) and sold certificates of (27) billion dinars and a uniform rate of return (1.5%), Number of participants (2) Bank has won the amounts provided. 1 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted June 12, 2019 Report Share Posted June 12, 2019 The Central Bank is the first institution in the country to issue its final lists by its appointed date Editor's note: 2019/6/12 10:04 • 203 times read {Baghdad: Al Furat News} Ernst & Young has completed the audit of the final financial statements of the Central Bank of Iraq for the fiscal year 2018 on the legal date set for the end of March 2019. The Central Bank of Iraq's Accounting Department said in a statement received by the agency {Euphrates News} a copy of it that "the Board of Directors of the bank ratified those lists issued with a positive opinion {without reservation}, which shows the level of transparency under which the bank works and efforts in the presentation Activities and processes, and the level of disclosure that this institution has. " She added that "disclosure on time and in a positive opinion generates important impressions of the institutions and international banks that deal with Iraq, and that is working to encourage investors to deal with financial institutions and banking in Iraq as long as the regulatory body (central bank) . It is noteworthy that the Central Bank of the first institutions in Iraq, which annually fulfills the requirements for the preparation and audit of the final financial statements on schedule, which gave the bank a prestigious position among the central banks in the region. 1 1 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted June 12, 2019 Report Share Posted June 12, 2019 An international audit firm that performs the audit of the final financial statements of the Central Bank 12 June Number of readings: 21 BAGHDAD (Reuters) - Ernst & Young has completed the audit of the final financial statements of the Central Bank of Iraq for the fiscal year 2018 on the legal date set for the end of March 2019. The Audit Department of the Central Bank of Iraq: The Board of Directors of the Bank ratified the lists Which was issued with a positive opinion (without reservation), which indicates the level of transparency in which the bank operates and the efforts made in presenting the activities and operations, and the level of disclosure that this institution has. Adding that the disclosure on time and "positive opinion" generates important impressions of the institutions and international banks that deal with Iraq, and this is working to encourage investors to deal with financial institutions and banking in Iraq as long as the sectoral control body (the central bank) Silence. 4 Quote Link to comment Share on other sites More sharing options...
yota691 Posted June 12, 2019 Report Share Posted June 12, 2019 The Central Bank completes the audit of the final financial statements for 2018 Economy | 11:02 - 12/06/2019 Baghdad - Mawazine News International audit firm Ernst & Young has completed the audit of the final financial statements of the Central Bank of Iraq for the fiscal year 2018 in the legal date specified end of March 2019. The accounting department of the Central Bank of Iraq in a statement received / "The Board of Directors of the Bank has approved these statements which have been issued with a positive opinion (without reservation), which reflects the level of transparency under which the Bank operates, the efforts made in presenting the activities and operations, and the level of disclosure that this institution has." She added that "disclosure on time" and a positive opinion " 3 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted June 12, 2019 Report Share Posted June 12, 2019 An international audit firm that performs the audit of the final financial statements of the Central Bank 12 June 0 Number of readings: BAGHDAD (Reuters) - Ernst & Young has completed the audit of the final financial statements of the Central Bank of Iraq for the fiscal year 2018 on the legal date set for the end of March 2019. The Audit Department of the Central Bank of Iraq: The Board of Directors of the Bank ratified the lists Which was issued with a positive opinion (without reservation), which indicates the level of transparency in which the bank operates and the efforts made in presenting the activities and operations, and the level of disclosure that this institution has. Adding that the disclosure on time and "positive opinion" generates important impressions of the institutions and international banks that deal with Iraq, and this is working to encourage investors to deal with financial institutions and banking in Iraq as long as the sectoral control body (the central bank) Silence. https://sumer.news/ar/news/38092/شركة-تدقيق-دولية-تنجز-تدقيق-القوائم-المالية-الختامية-للبنك-المركزي 1 6 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted June 12, 2019 Report Share Posted June 12, 2019 5 hours ago, Mary B said: generates important impressions of the institutions and international banks that deal with Iraq, and this is working to encourage investors to deal with financial institutions and banking in Iraq as long as the sectoral control body (the central bank) . 1 3 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted June 12, 2019 Report Share Posted June 12, 2019 Getting their house in order. 5 Quote Link to comment Share on other sites More sharing options...
dinarham Posted June 12, 2019 Report Share Posted June 12, 2019 Wouldn't it be great if this was the final final 1 9 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted June 12, 2019 Report Share Posted June 12, 2019 1 hour ago, dinarham said: Wouldn't it be great if this was the final final It sure would. We all could get started on a new life. 5 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted June 12, 2019 Report Share Posted June 12, 2019 “BAGHDAD (Reuters) - Ernst & Young has completed the audit of the final financial statements of the Central Bank of Iraq for the fiscal year 2018 on the legal date set for the end of March 2019. The Audit Department of the Central Bank of Iraq: The Board of Directors of the Bank ratified the lists Which was issued with a positive opinion (without reservation), which indicates the level of transparency in which the bank operates and the efforts made in presenting the activities and operations, and the level of disclosure that this institution has. Adding that the disclosure on time and "positive opinion" generates important impressions of the institutions and international banks that deal with Iraq, and this is working to encourage investors to deal with financial institutions and banking in Iraq as long as the sectoral control body (the central bank) Silence.” GOOD NEWS.! Ernst & Young is considered one of the Big four accounting firms in the world. The CBI Getting a positive opinion without reservation is a clear and important message to investors. This will bring and influx of Investment into the country. Another positive sign to move iraq to IMF Art 8 acceptance. Go investment Go private sector Go economic growth Go RV Go $1:1 2 3 12 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted June 12, 2019 Report Share Posted June 12, 2019 1 minute ago, Laid Back said: “BAGHDAD (Reuters) - Ernst & Young has completed the audit of the final financial statements of the Central Bank of Iraq for the fiscal year 2018 on the legal date set for the end of March 2019. The Audit Department of the Central Bank of Iraq: The Board of Directors of the Bank ratified the lists Which was issued with a positive opinion (without reservation), which indicates the level of transparency in which the bank operates and the efforts made in presenting the activities and operations, and the level of disclosure that this institution has. Adding that the disclosure on time and "positive opinion" generates important impressions of the institutions and international banks that deal with Iraq, and this is working to encourage investors to deal with financial institutions and banking in Iraq as long as the sectoral control body (the central bank) Silence.” GOOD NEWS.! Ernst & Young is considered one of the Big four accounting firms in the world. The CBI Getting a positive opinion without reservation is a clear and important message to investors. This will bring and influx of Investment into the country. Another positive sign to move iraq to IMF Art 8 acceptance. Go investment Go private sector Go economic growth Go RV Go $1:1 Great news brother Laid Back. Having the green light for investors is a huge step in the right direction. Little by little the economy is chugging forward, and the move to an open market system is now in sight. Sooner then later is looking mighty fine 👍 Sending out good vibes to you and all of DV. 3 1 4 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted June 12, 2019 Report Share Posted June 12, 2019 30 minutes ago, Wiljor said: Great news brother Laid Back. Having the green light for investors is a huge step in the right direction. Little by little the economy is chugging forward, and the move to an open market system is now in sight. Sooner then later is looking mighty fine 👍 Sending out good vibes to you and all of DV. Agree my brother, very good news.! They are moving from closed economy to an open market economy Investment is the key for economic development and growth. Go RV sooner than later 2 2 8 Quote Link to comment Share on other sites More sharing options...
dinarham Posted June 13, 2019 Report Share Posted June 13, 2019 The US committed to helping Iraq and returning it to its former status as as a sovereign nation . A sovereign nation must be in complete control of its own currency , and it must hold value to be a viable currency . Who's in control of the Iraqi dinar now ? The Central Bank of Iraq , like almost all Central Banks around the world , is owned by a private entity {Rothschils , Bildenburgs ,etc.,} They do not have the authority to revalue currency . I sense a tight US control here .,waiting prudently for all t's to be crossed ,i's dotted . . 1 4 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted June 13, 2019 Report Share Posted June 13, 2019 On 6/12/2019 at 12:40 PM, Wiljor said: Great news brother Laid Back. Having the green light for investors is a huge step in the right direction. Little by little the economy is chugging forward, and the move to an open market system is now in sight. Sooner then later is looking mighty fine 👍 Sending out good vibes to you and all of DV. 23 hours ago, Laid Back said: Agree my brother, very good news.! They are moving from closed economy to an open market economy Investment is the key for economic development and growth. Go RV sooner than later This is for sure great news. Having this completed and Art 8 basically being a "Go" may give us a viable time frame for the RV. If I had to pull the trigger on a RV, I would do it just before being approved for Art 8 status. 11 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted June 14, 2019 Report Share Posted June 14, 2019 20 hours ago, ChuckFinley said: This is for sure great news. Having this completed and Art 8 basically being a "Go" may give us a viable time frame for the RV. If I had to pull the trigger on a RV, I would do it just before being approved for Art 8 status. Good morning Chuck, totally agree with you. Timing is looking good my friend 👍 1 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted June 14, 2019 Report Share Posted June 14, 2019 20 hours ago, ChuckFinley said: This is for sure great news. Having this completed and Art 8 basically being a "Go" may give us a viable time frame for the RV. If I had to pull the trigger on a RV, I would do it just before being approved for Art 8 status. Yes that is exactly how it will happen also! They can pull the trigger anytime as long as they are Article 8 compliant they don’t actually have to be formally in Article 8 to change the value!! 1 4 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted June 14, 2019 Report Share Posted June 14, 2019 4 minutes ago, Wiljor said: Good morning Chuck, totally agree with you. Timing is looking good my friend 👍 Morning to you too. It has been a while. I think we have reached the point where timing is everything and I think July is looking good. 6 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted June 14, 2019 Report Share Posted June 14, 2019 1 hour ago, Dinarrock said: Yes that is exactly how it will happen also! They can pull the trigger anytime as long as they are Article 8 compliant they don’t actually have to be formally in Article 8 to change the value!! I agree, I maybe reading into this more than what is there but I feel this would be a great entering point. 4 Quote Link to comment Share on other sites More sharing options...
dinarham Posted June 16, 2019 Report Share Posted June 16, 2019 On 6/14/2019 at 9:54 AM, Dinarrock said: Yes that is exactly how it will happen also! They can pull the trigger anytime as long as they are Article 8 compliant they don’t actually have to be formally in Article 8 to change the value!! Ahhh! But who is "they" ? After 15 years in this investment , I remain foggy on this . What I do know is that the US has more skin in this game than any other country and that we are the most powerful country in this world . Our motives are good and will benefit many people , and this adds to our power . Quote Link to comment Share on other sites More sharing options...
Mary B Posted June 16, 2019 Author Report Share Posted June 16, 2019 Economist: The achievement of the Central Bank gives him international strength and confidence He praised economist completion of the Central Bank of Iraq 's final accounts in the legal deadline and receiving a good assessment of an international auditing firm, pointing out: "This assessment gives the central bank and the banking sector strength and confidence at the international level , encouraging international financial bodies to deal with him and granted loans and facilities" . The expert said Abdul-Hussein al-Mundhari: "The Office of Financial Supervision has stressed earlier in all ministries and institutions to complete their annual accounts during the first three months and submitted to the Iraqi legal accountant for scrutiny and ratification." He added: "The Board of Control and the Central Bank agreed that thesecond offering accounts to international auditing firms recognized for the conduct additional audits of the accounts as well as the Iraqi auditor audited, giving accounts greater credibility because it will be more accurate and in accordance with international standards." According Mundhiri, Van: "This measure allows the central bank to obtain a global assessment lends credibility to the accounts required, which makes international actors trust Iraqi banks." International auditing company "Ernst & Young" has completed the audit of the Central Bank of the 2018 legal deadline the end of last March, and gave him a good assessment. https://www.thebaghdadpost.com/ar/Story/169998/خبير-اقتصادي-انجاز-البنك-المركزي-يمنحه-قوة-وثقة-دوليتين 1 3 1 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted June 17, 2019 Report Share Posted June 17, 2019 https://m.thebaghdadpost.com/ar/Story/169998/خبير-اقتصادي-انجاز-البنك-المركزي-يمنحه-قوة-وثقة-دوليتين...... June 16, 2019 01:56 PM Baghdad Post Economist: The achievement of the Central Bank gives him international strength and confidence He praised economist completion of the Central Bank of Iraq 's final accounts in the legal deadline and receiving a good assessment of an international auditing firm, pointing out: "This assessment gives the central bank and the banking sector strength and confidence at the international level , encouraging international financial bodies to deal with him and granted loans and facilities" . The expert said Abdul-Hussein al-Mundhari: "The Office of Financial Supervision has stressed earlier in all ministries and institutions to complete their annual accounts during the first three months and submitted to the Iraqi legal accountant for scrutiny and ratification." He added: "The Board of Control and the Central Bank agreed that thesecond offering accounts to international auditing firms recognized for the conduct additional audits of the accounts as well as the Iraqi auditor audited, giving accounts greater credibility because it will be more accurate and in accordance with international standards." According Mundhiri, Van: "This measure allows the central bank to obtain a global assessment lends credibility to the accounts required, which makes international actors trust Iraqi banks." International auditing company "Ernst & Young" has completed the audit of the Central Bank of the 2018 legal deadline the end of last March, and gave him a good assessment. 1 1 1 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted June 17, 2019 Report Share Posted June 17, 2019 “This assessment gives the central bank and the banking sector strength and confidence at the international level , encouraging international financial bodies to deal with him and granted loans and facilities" CBI is ready for international business. Go CBI Go international Go RV Go $1:1 Thanks for the post Blueskyline 4 1 4 Quote Link to comment Share on other sites More sharing options...
235snack Posted June 17, 2019 Report Share Posted June 17, 2019 But they still have not signed an agreement with the Kurds on the oil! Quote Link to comment Share on other sites More sharing options...
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