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Don961: Arab admiration of the steps of the Central Bank of Iraq ..
Friday, 26 April 2019 Zaid al - Hali
What does it mean to elect the Governor of the Central Bank of Iraq to fill the position of Deputy Chairman of the Board of Governors of the Arab Monetary Fund?
I am glad that Iraq has become a major sovereign country in the Arab world. It means a great deal of economic and financial concepts, a sign of Iraq's recovery, its ability to rise and overcome the great challenges it faces.
This important Arab financial position, which was obtained by Iraq, represented by the Governor of the Central Bank of Iraq Mr. Ali Alalak, came after the developments witnessed by the bank in his last career, until he became one of the big central banks and influential in the Arab world.
He was admired by all the men of finance and economics, especially his success in crossing the financial impasse as a result of the war on the duel, the victory over its gangs and the difficult international circumstances caused by the decline in oil prices in recent years, which is the mainstay of Iraq's economy. that ,, Where he went patiently and wisely, on the approach of the right concept of money and the economy in the collective awareness, and raised the ceiling of the psychological challenge of the citizen in the direction of strengthening confidence in any measures taken by the Central Bank transparently for the benefit of the country,
has briefed the Arab Monetary Fund to this march, Scientific and international, solid and able to cope with developments and to keep abreast of the changing and changing realities, so that each event will be judged according to schedules characterized by flexibility, continuity and stability in clear economic and financial assets, with the conviction that there is no rigid opinion or position. ,
And Attitudes ... and all diversification, he was admired by the Arab Monetary Fund, and was on its impact, the election of Mr. Keywords for the position of Vice Chairman of the Board of Governors,
The Arab Monetary Fund (AMF) is a regional Arab financial institution established in 1976. It started operating in 1977. It has 22 member countries: Algeria, Bahrain, Djibouti, Egypt, Jordan, Saudi Arabia, Sudan, Syria , Somalia, Iraq, Oman, Palestine, Qatar, Kuwait, Lebanon, Libya, Egypt, Morocco, Mauritania, Yemen and the Republic of the Comoros.
The fund aims to contribute to the achievement of several tasks, including correcting the imbalance in the balance of payments of Member States , and to remove restrictions on current payments between Member States , and the establishment of policies and methods of Arab monetary cooperation , and to give advice, when requested, in relation to policy foreign investment , and the development of Arab financial markets and work to create conditions conducive to the establishment of a unified Arab currency ..
It is known, that the fund supports in order to achieve its objectives on the means of many of the financial and economic formulas, including the provision of short - term and medium - sized facilities for Member States to help finance the overall balance of payments deficits , and the coordination of monetary policies of the Member States and the development of cooperation between the monetary authorities in these countries , and edit and the development of trade and current payments arising from them and to encourage the transfer of capital movement between Member States ,
where the Fund allocates sufficient resources paid in currencies of Member States to provide credit facilities necessary for the settlement of payments Exclusive between the Member States in accordance with the rules and regulations approved by the Board of Governors and in the framework of a special account fund for this purpose , opens the management of any funds entrusted to him by a member or members for the benefit of other States Parties State
To hold periodic consultations with Member States on their economic conditions, their policies to help achieve the objectives of the Fund and the States concerned, the provision of technical assistance to the monetary and banking organs of Member States , and other important matters addressed by the Fund. link
MilitiaMan: This clearly shows that Alak is not going anywhere any time soon. All 22 Countries are Governors at the AMF. If you don't quite get that, look to this:
The 22 Governors hold CBI positions. Therefore, it makes no sense that Alak being a Governor of a Central Bank to lose his job and still be VP of the AMF and president in the next session .. lol
In fact this article talks about UNIFYING the ARAB CURRENCY.. Well if one researches just how powerful that the AAD is, one will go oh! That is big. And Iraq is to lead the AAD? lol Not at a program rate imo.. ~ MM
Frank26 Saturday Night video 4-27-19
Iggy: A Smile
A smile costs nothing, but gives much.
It enriches those who receive, without making poorer those who give.
It takes a moment, but the memory of it sometimes lasts forever.
None is so rich or mighty that he can get along without it, and none is so poor, but that he can be made rich by it.
A smile creates happiness in the home, fosters good will in business, and is the countersign of friendship.
It brings rest to the weary, cheer to the discouraged, sunshine to the sad, and it is nature’s best antidote for trouble.
Yet it cannot be bought, begged, borrowed, or stolen, for it is something that is of no value to anyone, until it is given away.
Some people are too tired to give you a smile;
Give them one of yours, as none needs a smile so much as he who has no more to give.
7-FA: Noah's Ark Inspirational Christian Story
Everything I need to know, I learned from Noah's Ark.
Don't miss the boat.
Remember that we are all in the same boat.
Plan ahead. It wasn't raining when Noah built the Ark.
Stay fit. When you're 60 years old, someone may ask you to do something really big.
Don't listen to critics; just get on with the job that needs to be done.
Build your future on high ground.
For safety's sake, travel in pairs.
Speed isn't always an advantage. The snails were on board with the cheetahs.
When you're stressed, float awhile.
Remember, the Ark was built by amateurs; the Titanic by professionals.
No matter the storm, when you are with God, there's always a rainbow waiting.
- Author Unknown
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