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Parliamentary Finance: The government has withdrawn $ 48 billion of cash reserves

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Parliamentary Finance: The government has withdrawn $ 48 billion of cash reserves Empty Parliamentary Finance: The government has withdrawn $ 48 billion of cash reserves

Post by RamblerNash Thu Feb 16, 2017 11:23 pm

Parliamentary Finance: The government has withdrawn $ 48 billion of cash reserves

Parliamentary Finance: The government has withdrawn $ 48 billion of cash reserves Image

16-02-2017 12:14 PM

It revealed the parliamentary Finance Committee on Thursday, the withdrawal of the government about $ 48 billion deposited in the Central Bank of Iraq since the 2014 cash reserve, noting that the budget deficit and the decline in world oil prices and the war on terrorism has caused the entire fatigue economy.

The committee member said Ahmed Sarhan Sarhan, said that 'the government has withdrawn about 48 billion dollars deposited in the Central Bank of Iraq since the 2014 cash reserve until now, more than half the proportion of strategic inventories of $ 88 billion.'

Sarhan added that 'inventories remaining at the central bank amounted to about $ 40 billion a month just before, "pointing out that the' budget deficit and the decline in world oil prices and the war on terrorism, all of Azamil caused the entire fatigue economy '.


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