Parliamentary Finance demanding the Central Bank determine the causes of low Fed

Author: bian4 on: Saturday 10/3/2015 9:55





BAGHDAD / WAP / revealed the parliamentary finance committee, Saturday, sending a letter to the Central Bank to determine the reasons for the low Federal Reserve.

The decision of the Committee MP Ahmad al-Haj told Xinhua Baghdad International / WAP / "The central bank sent during the period prior to the House of Representatives two books, the first indicating that the central bank reserves of $ 67 billion and the other indicates to decline for 63 billion dollars," noting that "the Commission addressed Bank for clarification, in addition to the desire to know the size of the Federal Reserve from 2013 to 2015 and the reason for the decrease. "

He said al-Hajj, that "the central bank attributed the reasons for the decrease to the currency auction through which seeks to maintain the dinar's exchange rate against the dollar", stressing the need to "take prompt and courageous decisions to overcome the problem before it reaches the limits of the most dangerous," pointing out that "must be restructured policy Iraqi Finance altogether. "

He said al-Hajj, that "there are recommendations sent by the Commission to the Government to address the causes of the depletion of hard currency, however, the government did not respond until the moment" .


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