Warnings of an imminent collapse of the Iraqi dinar(Dif-Source)
September 13, 2015
Economists warned of the imminent collapse of the Iraqi dinar, amid security and economic chaos plaguing the country,
- The economist said Mazen al-Obeidi said the past eight years of rule by Nuri al-Maliki, has seen historically in vain for the money and the budget of the entire Iraq on fake projects and ministries have been developed for quotas between the parties, and not for the country's needs.
- He said al-Obeidi said the government wasted more than 800 trillion Iraqi dinars, and noting that there is a likelihood of an imminent collapse of the Iraqi dinar against the dollar has become a big, especially after borrowing from private banks to cover expenses, and the announcement of the central bank's intention from the sale of gold bullion for citizens to support the financial liquidity ..
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September 13, 2015
Economists warned of the imminent collapse of the Iraqi dinar, amid security and economic chaos plaguing the country,
- The economist said Mazen al-Obeidi said the past eight years of rule by Nuri al-Maliki, has seen historically in vain for the money and the budget of the entire Iraq on fake projects and ministries have been developed for quotas between the parties, and not for the country's needs.
- He said al-Obeidi said the government wasted more than 800 trillion Iraqi dinars, and noting that there is a likelihood of an imminent collapse of the Iraqi dinar against the dollar has become a big, especially after borrowing from private banks to cover expenses, and the announcement of the central bank's intention from the sale of gold bullion for citizens to support the financial liquidity ..
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