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https://almaalomah.me/news/economy/مظهر-محمد-صالح:-الفائض-المالي-سيصل-الى-20-مليار-دولار-خلال-6
Mazhar Muhammad Salih: The financial surplus will reach $20 billion within 60 days
Today 18:53
Information / Baghdad..
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected, on Saturday, that Iraq will achieve a financial abundance that may reach 20 billion dollars during the next two months.
And Arab media quoted Saleh as saying that
"Iraq's foreign reserves may reach 90 billion dollars at the end of this year, and
most of these reserves are for the Central Bank, as a cash cover for the Iraqi dinar."
He described the central bank's foreign currency investment portfolio as a "sovereign fund or quasi-fund."
He also called for the establishment of what he described as the "Generation Fund", adding:
"The establishment is one of the savings in the general budget, which may reach the end of this year 15 to 20 billion dollars, which must be invested after the issue is legally adapted, through the Reconstruction Council, especially in projects Infrastructure and productive activities to bring about a renaissance in the Iraqi economy. finished/25h
Mazhar Muhammad Salih: The financial surplus will reach $20 billion within 60 days
Today 18:53
Information / Baghdad..
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected, on Saturday, that Iraq will achieve a financial abundance that may reach 20 billion dollars during the next two months.
And Arab media quoted Saleh as saying that
"Iraq's foreign reserves may reach 90 billion dollars at the end of this year, and
most of these reserves are for the Central Bank, as a cash cover for the Iraqi dinar."
He described the central bank's foreign currency investment portfolio as a "sovereign fund or quasi-fund."
He also called for the establishment of what he described as the "Generation Fund", adding:
"The establishment is one of the savings in the general budget, which may reach the end of this year 15 to 20 billion dollars, which must be invested after the issue is legally adapted, through the Reconstruction Council, especially in projects Infrastructure and productive activities to bring about a renaissance in the Iraqi economy. finished/25h
