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Liquidity and Cashflow for #UAE (ArabicEnglish)

Liquidity and Cashflow for #UAE (ArabicEnglish)

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Published by Gill Wallace Hope

Arabic & English - world first - funds injected at street level to release gridlock, improve cashflow and liquidity.

Greece, Italy, Ireland, USA could duplicate program and have a faster end to each crisis by cutting through the systems so entrepreneurs can refocus on growth.

Arabic & English - world first - funds injected at street level to release gridlock, improve cashflow and liquidity.

Greece, Italy, Ireland, USA could duplicate program and have a faster end to each crisis by cutting through the systems so entrepreneurs can refocus on growth.

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Published by: Gill Wallace Hope on Nov 21, 2012
Copyright:Traditional Copyright: All rights reserved

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09/17/2013

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 Liquidity and cash flow program will remove stress from businesses and families inUAE
 
Contractors, Small businesses, entrepreneurs and families will receive payments in the UAEbetween Nov 2012 and Jan 2013, it has been announced.
 
"""" .
Gill Wallace Hope is leading the world‟s first FDI that will
inject capital directly at street levelto reduce the stress and suffering of grass roots communities, restoring liquidity, getting cashflowing and paying off debt.
 
""""  .
“We have got the necessary approvals and we start in November 2012,” said Gill Wallace
Hope, Advisor to the G20 and the Rulers of UAE in Abu Dhabi.
 
.Payment processing will take place in Abu Dhabi and Dubai.
 
"""" .
“The UAE needs all the entrepreneurs happy and healthy to build the
economy and create jobs and micro-
enterprises”, added Hope in a release.
 
 
 """"  .
Hope‟s Social Development Portfolio includes Green Communities for Africa and India,
200,000 micro-enterprises for unemployed women in KSA, Youth micro-enterprises for 100million unemployed youth across MENA.
 
(.)UAE Liquidity Program has a budget of approximately $14 bn (Dh 51.42 billion) and isexpected positively impact the economy by Dec 2012.
 
""./  .Hope said the payments will be processed from a hub in Al Bateen area. Contractors shouldprepare a spreadsheet of their outstanding invoices/ employees and bring it on a USB withthe file of original invoices.
 
"".She is advising Companies to meet with the banks and suppliers to negotiate a Full & Finalsettlement and bring a letter signed and stamped by 2 bank officers or one Director.
 
....The Payment Center will operate 4 shifts of 6 hours each and every one issued a ticket willbe processed within 24 hours. Officials from 132 Government Departments have beenassigned to check documents and handle queries. 70 accountants will visit the jails and helpbusiness owners agree payments and obtain Release letters. Once the cheques have beenprocessed Suppliers and employees can attend to sign and collect.
 
 
 .Funding has been received from QE3, G20 and Sovereign Wealth Funds, this innovativeLiquidity program is billed as a hybrid of liquidity, economic stimulus, debt reduction, povertyalleviation and mass collaboration.""The UAE Government, World Bank, IMF, US Treasury, UK Treasury, United Nations,Sovereign Wealth Funds, Embassies, Quantative Easing Experts and Economists fromaround the world have congratulated Hope for putting this policy into practice."""" ...
„Top down‟ stimulus has not reached the street level so investing „bottom up‟ will have an
immediate effect, releasing systems from gridlock, and restoring hope. Entrepreneurs will beable to refocus on serving their customers and re-building the Economy. USA, Italy, Greece,Spain are watching to see how they could apply this financial system innovation in their countries.""" "
When she announced the program last year, Hope said she planned to use “state
-of-the-artcooperation and collaboration technology and processes to give companies a positive
experience like they‟ve never seen before”.
 
:Watch this space for more.

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