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IMF: on the Iraqi government to ensure the independence of the central bank policies
- JANUARY 28, 2014
BAGHDAD - Eastern January 28 warned the IMF mission to Iraq warned the Iraqi government of failure to ensure the independence of the Central Bank of Iraq for its policy or the use of foreign reserves in the bank of $ 77 billion dollars to finance public spending, which could weaken the currency dinar increases inflation. Mission International Fund called in a statement the Iraqi government also to keep the management of the Special Reserve Central Bank is separate from the Development Fund for Iraq, stressing that the reserves of this fund, which the government uses to public investment projects fell to 6 billion and 500 million dollars at the end of 2013 from 18 billion to 500 million dollars in 2012 last.
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- JANUARY 28, 2014
BAGHDAD - Eastern January 28 warned the IMF mission to Iraq warned the Iraqi government of failure to ensure the independence of the Central Bank of Iraq for its policy or the use of foreign reserves in the bank of $ 77 billion dollars to finance public spending, which could weaken the currency dinar increases inflation. Mission International Fund called in a statement the Iraqi government also to keep the management of the Special Reserve Central Bank is separate from the Development Fund for Iraq, stressing that the reserves of this fund, which the government uses to public investment projects fell to 6 billion and 500 million dollars at the end of 2013 from 18 billion to 500 million dollars in 2012 last.
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