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The law calls on the Ministry of Foreign Affairs to pursue “financial deposits” abroad
economic Last update 04/20/2022 | 4:28 pm
information / special
On Wednesday, the State of Law coalition called on the Ministry of Foreign Affairs and the Central Bank to pursue financial deposits abroad, which are estimated at 600 billion dollars.
A member of the coalition, Kazem Al-Haidari, said in a statement to the "Information" agency, that "financial deposits in countries abroad are divided into two parts, the
"estimates say that they are estimated at 600 billion. dollar".
He added that "there is no government move or by the central bank to pursue financial deposits abroad and activate the ways to return them to Iraq and benefit from them in economic projects, agricultural development and improving electricity."
Al-Haidari called on the government, the Ministry of Foreign Affairs and the Central Bank “to pursue all financial deposits abroad and find the right ways to ensure their return to the country.”
It is noteworthy that only Iraqi financial deposits in Lebanon may exceed 10 billion dollars deposited in several banks, and
the bulk of it belongs to politicians and government figures deposited in the names of their wives and children,
in addition to the accounts of various Iraqi commercial companies.
The law calls on the Ministry of Foreign Affairs to pursue “financial deposits” abroad
economic Last update 04/20/2022 | 4:28 pm
information / special
On Wednesday, the State of Law coalition called on the Ministry of Foreign Affairs and the Central Bank to pursue financial deposits abroad, which are estimated at 600 billion dollars.
A member of the coalition, Kazem Al-Haidari, said in a statement to the "Information" agency, that "financial deposits in countries abroad are divided into two parts, the
- first being fundamentalist deposits, but monopolized by political orders, and the
other part is not fundamentalist, and we do not know their true size," noting that
"estimates say that they are estimated at 600 billion. dollar".
He added that "there is no government move or by the central bank to pursue financial deposits abroad and activate the ways to return them to Iraq and benefit from them in economic projects, agricultural development and improving electricity."
Al-Haidari called on the government, the Ministry of Foreign Affairs and the Central Bank “to pursue all financial deposits abroad and find the right ways to ensure their return to the country.”
It is noteworthy that only Iraqi financial deposits in Lebanon may exceed 10 billion dollars deposited in several banks, and
the bulk of it belongs to politicians and government figures deposited in the names of their wives and children,
in addition to the accounts of various Iraqi commercial companies.
