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It warns of deteriorating economic reserves of the Central Bank of hard currency
Sunday , July 26, 2015
Competent warned in economic affairs Ali Furaiji, the deterioration of central bank reserves of hard currency.
said Furaiji told the National Iraqi News Agency / NINA / "The reserves of the Central Bank of Iraq, down continuously as it fell from 83 Milirdolar in 2013 to $ 68 billion in 2015, He pointed out that more than 85% of the hard currency reserves in the current year is going to spend and waste. "
He stressed that "actions and measures the government to treat the economic crisis are focused on trying to borrow from the World Bank, and the adoption of productivity strategy, investment pursues Investment capabilities of Iraq, the oil projects strategic sense Investment double oil-for giant projects in the country. "
The Governor of the Central Bank and the Agency on the Keywords said in a previous existence of a large reserve at the bank time and there are no fears of bankruptcy of financial treasury of hard currency.
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Sunday , July 26, 2015
Competent warned in economic affairs Ali Furaiji, the deterioration of central bank reserves of hard currency.
said Furaiji told the National Iraqi News Agency / NINA / "The reserves of the Central Bank of Iraq, down continuously as it fell from 83 Milirdolar in 2013 to $ 68 billion in 2015, He pointed out that more than 85% of the hard currency reserves in the current year is going to spend and waste. "
He stressed that "actions and measures the government to treat the economic crisis are focused on trying to borrow from the World Bank, and the adoption of productivity strategy, investment pursues Investment capabilities of Iraq, the oil projects strategic sense Investment double oil-for giant projects in the country. "
The Governor of the Central Bank and the Agency on the Keywords said in a previous existence of a large reserve at the bank time and there are no fears of bankruptcy of financial treasury of hard currency.
[You must be registered and logged in to see this link.]
