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Thursday, November 10, 2016

TNT UPDATED, 10 NOV

Thursday UPDATE for November 10, 2016

It has been reported that the CBI announced loans of a trillion dinar to local banks for growth of the economic sector.

Iraqi TV is reporting that citizens confidence levels are rising as some are bringing in their dinar for exchanging. New banking reforms are announced and Alac is pushing the deletion of zeros  for 1st quarter of 2017.

They are stating that Parliament is on break until November 26 (however, the last time they were on a "break" the important work continued).

We shall see...whatever will be....in due time.

BodyMan:  1 TRILLION DINAR IN LOANS TO THE BANKS PROVIDES FUNDING FOR THE PEOPLE BRINGING IN OLD NOTES TO EXCHANGE FOR THE NEW ONES....I.M.O.

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Consultant Abadi trillion dinars will be distributed to private banks loans

Baghdad} Euphrates News Economic Adviser to the Prime Minister revealed the appearance of Mohammed Saleh, Thursday, for the distribution trillion Iraqi dinars in loans to private banks.

Saleh said in a statement, the agency {Euphrates News} received a copy of it today, " The CBI will be distributed loan trillion dinars on private banks estimated fair, under the controls and the ability to manage it."

He added that " the loans will include small and medium enterprises that are active head money and the economic cycle in Iraq , "noting that" some of the complaints which may be raised by the private banks , but the central bank is able to solve them , "denying" the existence of Marqlat on loan or delay in distribution. "

the central bank governor Ali Mohsen Keywords held this week a series of visits included a number of private banks to determine the main obstacles and challenges faced by banks in order to reach a goal of financial stability and Alaguetsada.anthy

http://alforatnews.com/modules/news/article.php?storyid=132022

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