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mike alfred

CBI Payment System For Settlement of Financial Transactions - 0 views

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    Iraqi Dinar 123 News:- The governor of central bank of Iraq Abdel Basset Turky announced a new payment system to settle the financial transactions between financial institutions and individuals. Central bank of Iraq introducing banking system according to international standards and introduction of this system is the part of mission.
mike alfred

Is Islamic Banking System Remedy of Economic Issues - 0 views

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    Iraqi Dinar 123 News :- The Islamic banking System is a good system for Iraq to attract businesses and gain maximum benefits from it. According to experts, it is important that the commercial banks should bring business in its bets form to earn the maximum profit for the betterment of the public.
mike alfred

Why Activating the Economic Cooperation System is Essential - 0 views

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    It is very important to activate the economic cooperation system. This is needed for the betterment of the country; to increase the bilateral trade system and to develop the economic growth. It is important for the development of Iraq to have a good capital system managed in such a way that strategies implemented by the different organizations of the Arab and other economic expert companies around the world.
mike alfred

Banking System is The Key For The Success of Monetary Policies - 0 views

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    Iraqi Dinar 123 News:- The experts believe that the success of monetary policies of central bank mainly depends upon the performance of banks and a better banking system. An affective banking system is the key to apply monetary policies to get desired results.
mike alfred

The CBI Asked All Ministries to Work With New Payment System - 0 views

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    Iraqi Dinar 123 News:- Central bank of Iraq invited all the ministries of Iraq to adopt new payment system in their routine business affairs. Iraq introduced new payment system to modernize the banking system of Iraq to attract foreign investors and other multinational companies.
mike alfred

Why Currency Revaluation is Becoming Difficult With Every Passing Day - 0 views

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    Iraqi Dinar 123 News :- The finance committee of the country needs to have a proper system of management for a good management system. It is important that everyone should know about the importance of all the new and old currency and the counterfeit notes that are ruining the economic system of the country.
mike alfred

Companies Registration is Essential for Better Management System - 0 views

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    Iraqi Dinar 123 News:- It was announced by the Director of the Ministry of Commerce that the need for the registration of companies for a better system of management. The Arab and Foreign companies need a good system of management in Iraq to develop and manage things in a good way.
mike alfred

Is That Coins Destroying Payment System in Iraq - 0 views

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    The coins and paper currency both are under discussion by numbers of economic experts in Iraq. The experts are looking for the best method of payment system in the country. Some of the economists are in the favor of coins and some other are against the issuance of coins in Iraq market.
mike alfred

Banking System is The Pillar of Economy of Iraq - 0 views

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    The economic experts like Yasser Hussein say that Iraq will have to focus on the development of banking system of Iraq as it is sure way to attract foreign companies for the purpose of business in the country. The banking system of Iraq is operating the traditional and old banking methods in their routine business operations that are so poor strategy by the government and central bank of Iraq.
mike alfred

Sophisticated Banking System is Required to Combat Money Laundering - 0 views

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    Shkran Fatlawi, the banking specialist stress on the need of sophisticated banking policies to combat the money laundering or the economic development of Iraq. There must be a better system to monitor the movement of capital throughout the country. Otherwise the sick banking system can destroy the economy of the country.
mike alfred

Iraq's Dual Exchange Rates and Its Effects - 0 views

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    After a huge criticism on monetary policies of central bank of Iraq by economists and government of Iraq, the central bank of Iraq introduced de facto dual exchange rate system in the country. This system allowed central bank of Iraq to control the value of dinar in the country as well as in the global market. According to this system, Iraq introduced two exchange rates for the different sectors of the economy.
mike alfred

Banking System Needs Improvement - 0 views

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    Iraqi Dinar 123 News :- Economists have said that the banking sector of Iraq needs development according to the latest techniques followed all over the world. The first thing to do is that the central bank of Iraq needs to raise its capital to 250 billion dinars for each bank.
mike alfred

CBI Introduced Better Payment System in Iraq - 0 views

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    Iraqi Dinar 123 News:- Central Bank of Iraq is struggling hard to bring foreign investors in the country. With the every passing day CBI along with Finance Ministry of Iraq is trying to modernize the banking system to comfort the foreign companies willing to operate in the country but feeling threats from security situation of Iraq.
mike alfred

Ministries Given Power to Increase Productivity - 0 views

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    Iraqi Dinar 123 News:- It was put forward in Baghdad that the Prime Minister of Iraq should dissolve the assemblies and distribute the provinces so that a better system of governance can come forward. This system would be helpful in making a better system of government.
mike alfred

Cash Compensation And The Ration Card System - 0 views

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    Iraqi Dinar 123 News:- It was announced by the Ministry of Commerce that the people of Iraq need to be given proper aid. They need cash compensation for the issues with the ration card system. It is important that the people are facilitated in a proper way.
mike alfred

Iraq Must Upgrade Its Banking System: Finance Experts - 0 views

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    Iraqi Dinar 123 News:- Iraq needs better strategies to bring the kind of development in the country that would bring Iraq at par with the rest of the world. It needs to upgrade its system of management and bring in to consideration a better developmental challenge.
mike alfred

Iraqi Govt Needs Serious Efforts For a Balanced Economy - 0 views

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    It can be seen that more than 28 international business councils are ready to provide support to Iraq for a better and balanced system of economy. This act is being done due to the present conditions of Amrabha. Jaafar al Hamdani said that several Arab associations and international boards of joint business for a better system of doing joint business in Iraq and other Arab countries.
mike alfred

Iraq's Improved Economic Rating - 0 views

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    Iraqi Dinar 123 News :- With the help of international financial institutes Iraq has improved its financial situation. It has also been able to lessen its foreign debt because of these companies.By the help that these companies are providing Iraq; it will be useful in getting rid of debt and gain access to the credit rating which would lead to a better economic system of the country.
mike alfred

New Iraqi Govt. and Its Economic Development Plans - 0 views

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    Iraqi Dinar 123 News :- It is important to manage economic developmental plans for gaining betterment in the developmental sector of Iraq. Iraq needs to develop its economy along with the banking system throughout the country. With a good system of management the poverty issues can be handled.
mike alfred

Master Card Utilization and Promising Banking Sector of Iraq - 0 views

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    Iraqi Dinar 123 News:- It was announced on 12 August that the worlds smartest "Master Card" would be launched by the Rafidain Bank soon. They are giving final touches to it. it is expected to provide excellent support to the national economic system. this would be helpful in the development of the national economic system.
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