DWS112 Posted November 13, 2019 Report Share Posted November 13, 2019 (edited) Chunky monetary mass is capable of addressing economic problems November 13, 2019 Emphasizing the imperative of working towards transferring the cash mass in the home to the local labor market through the banking system, to contribute effectively in solving the economic problems and providing job opportunities to accommodate all young people, qualified technical expertise and others. It is estimated the volume of liquidity in Iraq by 47 trillion Iraqi dinars hoarding in homes, about 70 percent of this amount, according to the indicators of specialized centers and financial experts. Haidar Kazem al-Baghdadi stressed the importance of localization of salaries and its importance in providing liquidity to the financial sector. Electronic payment and that salaries are paid through and kept in banks and the citizen depends on the electronic card, especially as the citizen interacted a lot in this detailed, and here we can employ the operational budget in activating the capital cycle to serve the national economy, and that banks must "All attention to this aspect and all joints of electronic payment." Restore confidence He said that "the concentration of the chunky bloc to the banks requires serious work leading to the restoration of confidence between citizens and all banks, which require the first phase of a law guaranteeing funds, in addition to creating trust between state institutions and the private banking sector, which is an important step to strengthen the role of the private sector in the management of economic joints And enable it to play its true role in development. " Database He pointed to the importance of localization of salaries from now with private banks to be the beginning of electronic work and the establishment of a database moving to private banks to deal with the largest proportion of citizens, because of the slide big". He stressed the need for the Central Bank to start issuing new instructions, supported by the role of a supervisory evaluation by him and determine the ceilings of balances and accounts for open circles with banks, which helps the government institution to start working with private banks. Legal guarantees He called for focusing on the laws, most important of which is the law guaranteeing deposits and loans and other things that contribute greatly to bringing hoarding cash to the banking sector smoothly. There are legal guarantees, noting that "the deposit guarantee law is the cornerstone in this subject and its application is the real beginning to move liquidity in the right direction and transfer to the banking sector, which will be employed in the service of the national economy." He pointed out that "Iraq is receiving the attention of the international specialized effort, which requires us to work towards the benefit of regional and international experiences that tend to create bilateral partnerships with the international effort leading to increase knowledge of national expertise and enable them to advanced technology." Qualitative implementation He explained that "reality needs to review all the laws that regulate the labor market in the country, and make it help to streamline the quality of the implementation of projects, away from the intersections and interpretive problems that accompanied the last stage, which caused confusion, and made the competent employee confused, when There is an intersection of legislation, and here the legal environment must guarantee the rights of all parties without exception. ” Edited November 13, 2019 by DWS112 4 6 1 2 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted November 13, 2019 Report Share Posted November 13, 2019 1 hour ago, DWS112 said: Chunky monetary mass is capable of addressing economic problems Does This Chunky Money In My Clown Pants Make My Butt Look Wide ? Stop - Getting Hammered Time ... 5 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted November 14, 2019 Report Share Posted November 14, 2019 “It is estimated the volume of liquidity in Iraq by 47 trillion Iraqi dinars hoarding in homes, about 70 percent of this amount, according to the indicators of specialized centers and financial experts.” 70 % of 47 trillion IQD = 33 trillion IQD 33 trillion IQD / 1190 = $27 billion dollars I don’t believe in 33 trillion IQD in chunky cash just my opinion 2 2 1 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted November 14, 2019 Report Share Posted November 14, 2019 3 hours ago, Laid Back said: “It is estimated the volume of liquidity in Iraq by 47 trillion Iraqi dinars hoarding in homes, about 70 percent of this amount, according to the indicators of specialized centers and financial experts.” 70 % of 47 trillion IQD = 33 trillion IQD 33 trillion IQD / 1190 = $27 billion dollars I don’t believe in 33 trillion IQD in chunky cash just my opinion Agreed. Thinking the same thing. This is a completely different number than a 6 months ago. 1 Quote Link to comment Share on other sites More sharing options...
GregHi Posted November 14, 2019 Report Share Posted November 14, 2019 14 minutes ago, Jaygo said: Agreed. Thinking the same thing. This is a completely different number than a 6 months ago. Do you remember what it was 6 months ago? Higher or lower than now? Quote Link to comment Share on other sites More sharing options...
DinarThug Posted November 14, 2019 Report Share Posted November 14, 2019 (edited) 21 hours ago, DinarThug said: Does This Chunky Money In My Clown Pants Make My Butt Look Wide ? The Ladies Be Checkin’ The Chunk In My Trunk ! Can’t Touch This ... Edited November 14, 2019 by DinarThug 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted November 14, 2019 Report Share Posted November 14, 2019 (edited) Edited November 14, 2019 by DinarThug 1 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted November 14, 2019 Report Share Posted November 14, 2019 7 hours ago, GregHi said: Do you remember what it was 6 months ago? Higher or lower than now? I thought 53 but I could be wrong 2 Quote Link to comment Share on other sites More sharing options...
psdon Posted November 14, 2019 Report Share Posted November 14, 2019 that's ok but it's not in my bank😂 Quote Link to comment Share on other sites More sharing options...
screwball Posted November 14, 2019 Report Share Posted November 14, 2019 On 11/14/2019 at 5:37 AM, DWS112 said: here we can employ the operational budget in activating the capital cycle to serve the national economy, On 11/14/2019 at 5:37 AM, DWS112 said: here we can employ the operational budget in activating the capital cycle to serve the national economy Not with out ending auctions, getting of the programming rate and opening upto to a market economy will you create money velocity and get cash to the banks 2 5 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted January 28, 2020 Report Share Posted January 28, 2020 Al-Hamash: The amount of dormant inactive funds in Iraq is 60 billion dollars and 130 trillion dinars 17:08 - 27/01/2020 0 Information / private ... The economic expert, Saleh Al-Hamash, revealed, on Monday, the existence of dormant inactive funds in Iraq estimated at 60 billion dollars in the American currency and 130 trillion dinars in the Iraqi currency, indicating that these funds will appear and go down to the Iraqi market if the agreement with China is activated. Al-Hamash said to / the information / that " Iraq has dormant funds in the homes of Iraqis, chunky, not occupied in the Iraqi market to stagnate the movement of the Iraqi market." He added that "the amount of these funds amounts to 60 billion dollars in the American currency and 130 trillion dinars in the Iraqi currency," noting that "if the Sino-Iraqi agreement is activated, these hidden funds will go to the market and operate and advance the economy." He emphasized that "the owners of the funds will search for projects to put these funds in and operate them." https://www.almaalomah.com/2020/01/27/452298/ 1 3 5 Quote Link to comment Share on other sites More sharing options...
screwball Posted January 29, 2020 Report Share Posted January 29, 2020 18 hours ago, Butifldrm said: Al-Hamash: The amount of dormant inactive funds in Iraq is 60 billion dollars and 130 trillion dinars 17:08 - 27/01/2020 0 Information / private ... The economic expert, Saleh Al-Hamash, revealed, on Monday, the existence of dormant inactive funds in Iraq estimated at 60 billion dollars in the American currency and 130 trillion dinars in the Iraqi currency, indicating that these funds will appear and go down to the Iraqi market if the agreement with China is activated. Al-Hamash said to / the information / that " Iraq has dormant funds in the homes of Iraqis, chunky, not occupied in the Iraqi market to stagnate the movement of the Iraqi market." He added that "the amount of these funds amounts to 60 billion dollars in the American currency and 130 trillion dinars in the Iraqi currency," noting that "if the Sino-Iraqi agreement is activated, these hidden funds will go to the market and operate and advance the economy." He emphasized that "the owners of the funds will search for projects to put these funds in and operate them." https://www.almaalomah.com/2020/01/27/452298/ Yep and we all’ know the answer to this,problem? How do you get the cash hoarders to the bank? 1 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted January 29, 2020 Report Share Posted January 29, 2020 Thanks for bringing the article screwball. Al Hamash is smoking the good one 1 Quote Link to comment Share on other sites More sharing options...
Theseus Posted January 29, 2020 Report Share Posted January 29, 2020 3 4 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted January 29, 2020 Report Share Posted January 29, 2020 Thanks for the video Theseus, What are your thoughts on the chunky money? 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 2, 2020 Report Share Posted February 2, 2020 Thanks Theseus! Really nice video. 1 Quote Link to comment Share on other sites More sharing options...
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