CULA - Liquidity Program - #UAE
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Transcript of CULA - Liquidity Program - #UAE
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5/28/2018 CULA - Liquidity Program - #UAE
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Gill Wallace Hope leads world first CULA -
Liquidity Program to inject cash at street levelAbu Dhabi - 28th March 2014
Gill Wallace Hope is implementing the UN Innovation in Financing
Policy signed by 198 World Leaders to inject cash at street level to
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5/28/2018 CULA - Liquidity Program - #UAE
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release economies from gridlock.
Read it on
She invented CULA - Liquidity Program to release the burden on thebottom 3 levels of the economy who are least able to cope.
"The SME's, employees and domestic workers have carried the biggest
burden from the global crisis" she said.
Hope states "We are injecting $5.4 billion (aed 19.71 bln) to pay off
debts including Court Orders, Unpaid invoices and salaries regardless of
who the debtor is, nationality, or faith".
UAE has no bankruptcy system so citizens and residents get stuck
between the systems. CULA - Liquidity Program is a one-time cash
injection to release the people from suffering and get the cash flowing
again.
Companies and employees can bring their papers to apply for CULA and
https://www.youtube.com/watch?v=FrmiP0LZa6Ahttp://www.scribd.com/doc/45640194/UN-Innovative-Finance-Fact-Sheet?in_collection=2768752 -
5/28/2018 CULA - Liquidity Program - #UAE
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