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Najib's (time): the country has confounded amount of $ 76 billion
– February 21, 2015
Financial Parliament calls for payment of staff salaries from the central provision
BAGHDAD - Abbas al-Baghdadi
A commission of economy and investment representative for Iraq's possession of reserve cash is estimated at $ 76 billion in the Central Bank as well as the gold reserves, pointing to the existence of a crisis of cash the government suffered, while the Finance Committee called for the withdrawal of funds from cash reserves or loan from the International Monetary Fund to pay payroll processing Alazma.oukalt member of the Economic Committee Najiba Najib (time) yesterday that (Iraq has cash reserve is estimated at $ 76 billion in the Central Bank has reserves of gold, which it is not a poor country or bankrupt), noting that the (existing problem now is the lack of cash for the government, making it the delayed payment of the Kurdistan Regional staff salaries and make them resort to other options to address this problem) and added Najib (There are several ways to provide liquidity, including the central bank to provide exchange and control of foreign exchange sales at the auction and other procedures bonds, but we need to the will of the government is serious to activate these methods).
He said the Finance Committee member Sirhan Ahmed Sarhan (time) yesterday that the (monetary reserves of $ 76 billion government could withdraw certain amounts of it to get rid of financial distress experienced by) and continued that (there is another way, a loan from the International Monetary Fund to meet the shortfall in liquidity and to pay the federal government employees 'salaries as well as the provincial employees' salaries) in Favorites warned that the Finance Committee member Jabbar Abdul Khaliq of withdrawals from stockpiling cash, calling the Kurdistan region to withstand the financial crisis experienced by the country being part of Iraq. He told the (time) yesterday that (the $ 76 billion dollars in the central bank is confounded strategically for future generations and not of the correct drag him because he will affect the exchange rate of the dinar against the dollar)
He said he (is not right that the government resorted whenever suffered a financial crisis to the stockpiling) said Abdul Khaliq that (there are other ways to deal with the fiscal deficit, including savings and activation of taxes and an increase in exports and this need more time), adding that he (the region carrying going through the country from the financial crisis because it is part of Iraq). And called the Kurdistan Alliance to form a parliamentary committee to verify the existence of material liquidity of the government or not. A member of the coalition Ashwaq dry in a statement yesterday that (the President of the Parliament to take a serious stance on the federal government's failure to send salaries of state employees in the region under the pretext of lack of financial liquidity) confirmed that (the agreement between Baghdad and Erbil included a paragraph Remember rights that are supposed to adhere to by the parties but if breached one agreement, the other party will not be forced to abide by it), noting that the (Council voted on those paragraphs within the budget) law and continued dry (supposed to be the federal government to pay the region salaries in accordance with the agreement, but actually does not refer to etc.) calling for (the formation of a parliamentary committee to verify the existence of material liquidity of the government or not).
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– February 21, 2015
Financial Parliament calls for payment of staff salaries from the central provision
BAGHDAD - Abbas al-Baghdadi
A commission of economy and investment representative for Iraq's possession of reserve cash is estimated at $ 76 billion in the Central Bank as well as the gold reserves, pointing to the existence of a crisis of cash the government suffered, while the Finance Committee called for the withdrawal of funds from cash reserves or loan from the International Monetary Fund to pay payroll processing Alazma.oukalt member of the Economic Committee Najiba Najib (time) yesterday that (Iraq has cash reserve is estimated at $ 76 billion in the Central Bank has reserves of gold, which it is not a poor country or bankrupt), noting that the (existing problem now is the lack of cash for the government, making it the delayed payment of the Kurdistan Regional staff salaries and make them resort to other options to address this problem) and added Najib (There are several ways to provide liquidity, including the central bank to provide exchange and control of foreign exchange sales at the auction and other procedures bonds, but we need to the will of the government is serious to activate these methods).
He said the Finance Committee member Sirhan Ahmed Sarhan (time) yesterday that the (monetary reserves of $ 76 billion government could withdraw certain amounts of it to get rid of financial distress experienced by) and continued that (there is another way, a loan from the International Monetary Fund to meet the shortfall in liquidity and to pay the federal government employees 'salaries as well as the provincial employees' salaries) in Favorites warned that the Finance Committee member Jabbar Abdul Khaliq of withdrawals from stockpiling cash, calling the Kurdistan region to withstand the financial crisis experienced by the country being part of Iraq. He told the (time) yesterday that (the $ 76 billion dollars in the central bank is confounded strategically for future generations and not of the correct drag him because he will affect the exchange rate of the dinar against the dollar)
He said he (is not right that the government resorted whenever suffered a financial crisis to the stockpiling) said Abdul Khaliq that (there are other ways to deal with the fiscal deficit, including savings and activation of taxes and an increase in exports and this need more time), adding that he (the region carrying going through the country from the financial crisis because it is part of Iraq). And called the Kurdistan Alliance to form a parliamentary committee to verify the existence of material liquidity of the government or not. A member of the coalition Ashwaq dry in a statement yesterday that (the President of the Parliament to take a serious stance on the federal government's failure to send salaries of state employees in the region under the pretext of lack of financial liquidity) confirmed that (the agreement between Baghdad and Erbil included a paragraph Remember rights that are supposed to adhere to by the parties but if breached one agreement, the other party will not be forced to abide by it), noting that the (Council voted on those paragraphs within the budget) law and continued dry (supposed to be the federal government to pay the region salaries in accordance with the agreement, but actually does not refer to etc.) calling for (the formation of a parliamentary committee to verify the existence of material liquidity of the government or not).
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