6ly410 Posted April 1, 2020 Report Share Posted April 1, 2020 Central Bank: Trade and import financing will resume after the embargo is lifted The Central Bank of Iraq Banks The Economy News - Baghdad The Central Bank of Iraq announced today, Wednesday, that financing trade and imports will resume after the embargo is completely lifted. The Central Bank said in a press statement received by "Al-Iqtisad News", "the efforts of the various institutions in our country to combat the Corona epidemic and get out peacefully from this crisis come together , so we invite banks, exchange companies and electronic payment companies to take their responsible role at this stage. " He added that "although the curfew has affected the activities and actions of all official institutions, including the Central Bank of Iraq, we have taken the initiative to employ our cadres in order to sustain the payment of salaries and finance of food, agricultural, medical and all necessary materials . " And that "in this regard, the Central Bank of Iraq confirms the absence of any change in its policy in financing trade and imports, which will resume after the lifting of the ban completely . " He continued, "As for the current stage, the bank will start enhancing the bank balances abroad through the window of selling foreign currency according to a schedule of working days and according to the requirements of the situation and this will be reported first-hand, for the purposes of financing the credits of importing foodstuffs, agricultural supplies, medical materials and goods necessary for the country and citizens . Views: 51 Date added 04/01/2020 http://economy-news.net/content.php?id=19554 2 4 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted April 1, 2020 Author Report Share Posted April 1, 2020 1 2 Quote Link to comment Share on other sites More sharing options...
horsesoldier Posted April 1, 2020 Report Share Posted April 1, 2020 Not buying it ..... Iraq is in DEEP DEEP DO DO 1 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted April 2, 2020 Report Share Posted April 2, 2020 Under Corona ... the central bank issues new decisions Wednesday 01 April 2020 - 20:19 Baghdad - conscious The Central Bank of Iraq confirmed, today, Wednesday, the absence of any change in its policy to finance trade and imports, which will resume after the lifting of the ban completely. "The various institutions in our country are joining forces to combat the Corona epidemic and come out safely from this crisis, so we invite banks, exchange companies and electronic payment companies to take their responsible role at this stage," the bank said in a statement it received (conscious). He added that "although the curfew affected the activities and actions of all official institutions, including the Central Bank of Iraq, we have taken the initiative to employ our cadres in order to sustain the payment of salaries and finance of food, agricultural, medical and all necessary materials." The Central Bank stated that, "As for the current stage, the bank will begin to enhance bank balances abroad through the foreign currency sale window, according to a schedule of working days and according to the requirements of the situation, and this will be reported first-hand, for the purposes of financing the import credits of foodstuffs, agricultural supplies, medical materials and necessary goods. For the country and citizens. " 3 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted April 2, 2020 Report Share Posted April 2, 2020 17 hours ago, 6ly410 said: 2 hours ago, yota691 said: Under Corona ... the central bank issues new decisions Central Bank: Trade and import financing will resume after the embargo is lifted Thanks for the Articles Yota & 6ly410 --- appreciate you both...Ron 2 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.