Aggiedad77: Ok, just a guess here on my part....but is the Finance Committee telling the rest of Parliament that these banks are about to launch an electronic transaction system....a means of electronically being able to talk between banks and with the CBI....in a way they have not been able to do in the past.....(See Article Below)
Would this not also allow them to talk internationally with other banks as well.....but why would they need to do this if the operate at a program rate....is there about to be movement....currency value movement...
If I'm off base....just throw me in the pool...but wait to do so until we are somewhere warm like Hawaii. Aloha Randy
walkongstick: Open electronic clearing system files
2/16/2015 0:00 Baghdad, Omar Abdel-Latif
Finance Committee revealed in the House of Representatives for open electronic clearing system files across the banks. Said committee member Dr. Magda Abdel-Latif al-Tamimi, said in a statement singled out the "morning": that the Commission will open this existing system files in 32 banks, government and civil strife in the development of banking project.
She said the electronic clearing system based on smart instruments, and is common to know account in more than one bank, and also appears in the Central Bank.
The World Bank has allocated $ 10 million to restructure the government banks and activation of electronic transactions including electronic clearing system.
[michigander0131] Iraq buys 48 tonnes of gold 15.02.2015 Announced the World Gold Council (WGC) for the purchase of the Central Bank of Iraq's 48 tonnes of gold during 2014, bringing the Iraq reserves of gold material and contribute to the diversification of its reserves.
It is believed a member of the Parliamentary Finance Committee MP Ahmed Rasheed flesh to buy this amount of gold may be used by the central bank as a cover for the new currency, which purports Bank issued and is also used as a cover for the process of deletion of zeros from the Iraqi currency.
It is noteworthy that the International Monetary Fund said in 2012 that Iraq had boosted its gold reserves to reach more than 31 tons, explaining that Iraq bought 23.9 tons of gold in the month of August of the same year LINK
[michigander0131] heres a good one// no doubt they are going to do it//
[michigander0131] '' gold may be used by the central bank as a cover for the new currency, which purports Bank issued and is also used as a cover for the process of deletion of zeros from the Iraqi currency. ''
[michigander0131] awesome stuff
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