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Jubouri: There are recommendations made ​​by the Finance Committee to set controls for the dollar exchange

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Jubouri: There are recommendations made ​​by the Finance Committee to set controls for the dollar exchange

Friday, March 16 / March 2012 07:25

BAGHDAD / With: A member of the Finance Committee in the Iraqi parliament Haitham Jubouri that there are recommendations made ​​by the Committee to set controls for the dollar exchange indicating that the process of the dollar must be based on the needs of the country to import the necessary materials and according to the mechanisms can not be through the diversion of the hard currency of the country to the countries affected economically.

He Jubouri, the reporter and the news agency the future, on Friday, said: "Some two billion U.S. dollars is the amount of money smuggled out of Iraq over the past month to neighboring countries after the sanctions were imposed economic", adding that "the smuggling of currency this has contributed to and are to a large fall in the price of the Iraqi dinar against the value of the U.S. dollar which will lead to the collapse of the Iraqi economy. "

The non-official sources confirmed the existence of the smuggling of foreign currency from Iraq towards other countries. (Finished)

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