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Financial: 18 billion dollars through the Central Bank emerged as money laundering
August 5, 2015
Baghdad/Iraq News Network-member parliamentary Finance Committee Timimi Magda exit 18 billion dollars through an auction of Central Bank during the first six months of this year, indicating that the majority went for money laundering,
said Al-Tamimi said in a press statement: "the Committee received from the Central Bank's books showed that $ 20 billion is the Ministry of oil revenues during the first five months of this year," adding that "the Bank put up to auction 18 billion dollars during the first six months.
The parliamentary Finance Committee said earlier that the Finance Ministry will build 2016 budget $ 60 as rate my guess, a sign that the Committee addressed financial caution risk of lower crude oil prices in the coming months.
Tamimi said "you follow some specific banks in this regard," accompanying "is supposed to be those amounts for import declared, but most come out of money laundering, which is a drain to the citizen".
The parliamentary Finance Committee announced earlier, directed to reduce the expenses of ministries and Government agencies to its lowest level, with a view to reducing the financial deficit in the federal budget.
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August 5, 2015
Baghdad/Iraq News Network-member parliamentary Finance Committee Timimi Magda exit 18 billion dollars through an auction of Central Bank during the first six months of this year, indicating that the majority went for money laundering,
said Al-Tamimi said in a press statement: "the Committee received from the Central Bank's books showed that $ 20 billion is the Ministry of oil revenues during the first five months of this year," adding that "the Bank put up to auction 18 billion dollars during the first six months.
The parliamentary Finance Committee said earlier that the Finance Ministry will build 2016 budget $ 60 as rate my guess, a sign that the Committee addressed financial caution risk of lower crude oil prices in the coming months.
Tamimi said "you follow some specific banks in this regard," accompanying "is supposed to be those amounts for import declared, but most come out of money laundering, which is a drain to the citizen".
The parliamentary Finance Committee announced earlier, directed to reduce the expenses of ministries and Government agencies to its lowest level, with a view to reducing the financial deficit in the federal budget.
[You must be registered and logged in to see this link.]
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