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The Central Bank of Iraq: We have 20 trillion dinars for the government
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The Central Bank of Iraq: We have 20 trillion dinars for the government
The Central Bank of Iraq: We have 20 trillion dinars for the government
Central Bank of Iraq
07/11/2018
Economy News Baghdad
The Central Bank of Iraq reported on Wednesday that the debts owed by the government amounted to 20 trillion dinars, explaining that the optimal use of surplus amounts by the budget this year, the payment of that office.
"The bank's view, based on economic, financial and monetary considerations, believes that the best use of surplus amounts by balancing the current year of oil exports is to pay debts," said Al-Alaq, the governor of the Central Bank of Iraq. Which is central to the central bank and other banks, "noting that" their performance would fortify the bank from any future crisis, especially that the debts resulting from the government's budget amounted to the limit of 20 trillion dinars. "
"This method will contribute to maintaining financial, monetary and banking stability in the country, and it is necessary to give great importance, especially as the volume of liquidity drawn from the central bank is very large," he added.
And on the external debt, explained the links, "The installments are few and benefits are far and most of them debts not resolved," stressing that "there is no problem in postponement."
http://economy-news.net/content.php?id=12871
Central Bank of Iraq
07/11/2018
Economy News Baghdad
The Central Bank of Iraq reported on Wednesday that the debts owed by the government amounted to 20 trillion dinars, explaining that the optimal use of surplus amounts by the budget this year, the payment of that office.
"The bank's view, based on economic, financial and monetary considerations, believes that the best use of surplus amounts by balancing the current year of oil exports is to pay debts," said Al-Alaq, the governor of the Central Bank of Iraq. Which is central to the central bank and other banks, "noting that" their performance would fortify the bank from any future crisis, especially that the debts resulting from the government's budget amounted to the limit of 20 trillion dinars. "
"This method will contribute to maintaining financial, monetary and banking stability in the country, and it is necessary to give great importance, especially as the volume of liquidity drawn from the central bank is very large," he added.
And on the external debt, explained the links, "The installments are few and benefits are far and most of them debts not resolved," stressing that "there is no problem in postponement."
http://economy-news.net/content.php?id=12871
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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