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ABTAN CALLS TO SPEED UP "THE DELETION OF ZEROS" OF THE CURRENCY
Category: Economy
BAGHDAD - Awan
A member of the Economic Commission representative, Abdul-Hussein Abtan, on Monday, said that "the Iraqi economy today is in an advanced position because of the supplier of oil big, which reached nearly three million barrels per day," and pointed out that "the Iraqi Central Bank recently announced that reserves reached 76 billion dollars, which is a very large sum. "
Abtan demanded in a press statement followed the "Awan" "the Iraqi Central Bank need to take quick steps to delete the zeros from the national currency."
The member of the Economic Commission representative, the need to "multiple revenue estimated reflected on the economy and not on the availability of cash reserves large," adding that "the development in oil production and reserves, the central bank must be reflected on the lives of the citizens, because the country still has a large proportion of the poor and the owners low income and high unemployment and the housing crisis and the deterioration of the agricultural and industrial sectors. "
The Central Bank of Iraq announced, in the (third from July 2013 now), that Iraq is "in control of the funds and treasury of gold" in international banks, one of the acting out, denying the existence of frozen funds "outside the control of the Iraqi administration," While revealed that the reserve bank amounted to $ 76 billion in May last year, counting that out of Chapter VII of Iraq will allow "more freedom" to act and attract foreign investment.
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Category: Economy
BAGHDAD - Awan
A member of the Economic Commission representative, Abdul-Hussein Abtan, on Monday, said that "the Iraqi economy today is in an advanced position because of the supplier of oil big, which reached nearly three million barrels per day," and pointed out that "the Iraqi Central Bank recently announced that reserves reached 76 billion dollars, which is a very large sum. "
Abtan demanded in a press statement followed the "Awan" "the Iraqi Central Bank need to take quick steps to delete the zeros from the national currency."
The member of the Economic Commission representative, the need to "multiple revenue estimated reflected on the economy and not on the availability of cash reserves large," adding that "the development in oil production and reserves, the central bank must be reflected on the lives of the citizens, because the country still has a large proportion of the poor and the owners low income and high unemployment and the housing crisis and the deterioration of the agricultural and industrial sectors. "
The Central Bank of Iraq announced, in the (third from July 2013 now), that Iraq is "in control of the funds and treasury of gold" in international banks, one of the acting out, denying the existence of frozen funds "outside the control of the Iraqi administration," While revealed that the reserve bank amounted to $ 76 billion in May last year, counting that out of Chapter VII of Iraq will allow "more freedom" to act and attract foreign investment.
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hehehehe sorry
