Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Central Bank: Trade and import financing will resume after the embargo is lifted


6ly410
 Share

Recommended Posts

Central Bank: Trade and import financing will resume after the embargo is lifted
 
8550.jpg
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

  • Thanks 2
  • Upvote 4
Link to comment
Share on other sites

  • yota691 changed the title to Central Bank: Trade and import financing will resume after the embargo is lifted

Under Corona ... the central bank issues new decisions

 
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. "
  • Thanks 3
  • Upvote 1
Link to comment
Share on other sites

17 hours ago, 6ly410 said:

Capture.PNG

 

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 :salute:

  • Thanks 2
Link to comment
Share on other sites

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.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.