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CBI: Committee to Protect Public Funds Ongoing Work to Find Definitive Solutions to Commercial Creditors
24/05/2011 21:49
Baghdad, 24 May (Rn) - The Central Bank of Iraq adviser, on Tuesday, that the Commission on the protection of Iraqi funds, government continues to work despite the United States vowed to protect.
Iraqi currency, MONEY, Para, iraq money He said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) "The Committee to Protect Iraqi funds continued to work despite the United States vowed to protect Iraqi funds from foreign creditors."
The Central Bank of Iraq earlier that the decision to the United States President Barack Obama on the protection of Iraqi funds and private oil proceeds deposited to the bank Fed may stand in the way of trade creditors.
Saleh added that "the State Committee will examine the economic final procedures for the protection of Iraqi funds from trade creditors after June (June) next year."
He continued that "the State Committee is continuing to develop the financial and banking procedures for the development of legal mechanisms to limit the false claims of trade creditors who claim to be asking for money since the time of Iraq's former regime."
The Central Bank of Iraq on 6 March that Iraq follow the high-level political economic repayment of the debt they did not face legal problems.
And the Iraqi Central Bank announced on 23 February last that Iraq's debts paid 3 thousand and 500 commercial creditor a $ 2.7 billion as a means to protect the funds from external manipulation of the trading companies.
It is hoped that Iraq shall submit to the UN Security Council a detailed report in the May / June looking the most important pillars of the protection of Iraqi funds.
Allonan of Jafar, the Open: Mustafa morning
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24/05/2011 21:49
Baghdad, 24 May (Rn) - The Central Bank of Iraq adviser, on Tuesday, that the Commission on the protection of Iraqi funds, government continues to work despite the United States vowed to protect.
Iraqi currency, MONEY, Para, iraq money He said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) "The Committee to Protect Iraqi funds continued to work despite the United States vowed to protect Iraqi funds from foreign creditors."
The Central Bank of Iraq earlier that the decision to the United States President Barack Obama on the protection of Iraqi funds and private oil proceeds deposited to the bank Fed may stand in the way of trade creditors.
Saleh added that "the State Committee will examine the economic final procedures for the protection of Iraqi funds from trade creditors after June (June) next year."
He continued that "the State Committee is continuing to develop the financial and banking procedures for the development of legal mechanisms to limit the false claims of trade creditors who claim to be asking for money since the time of Iraq's former regime."
The Central Bank of Iraq on 6 March that Iraq follow the high-level political economic repayment of the debt they did not face legal problems.
And the Iraqi Central Bank announced on 23 February last that Iraq's debts paid 3 thousand and 500 commercial creditor a $ 2.7 billion as a means to protect the funds from external manipulation of the trading companies.
It is hoped that Iraq shall submit to the UN Security Council a detailed report in the May / June looking the most important pillars of the protection of Iraqi funds.
Allonan of Jafar, the Open: Mustafa morning
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