Parliamentary Economy: World Bank warned Iraq from the fall of the local currency

Since 26/05/2016 20:19 pm (Baghdad time)

Special - balances News

The Deputy Chairman of the Committee on Economy and Investment parliamentary Harith al-Harthy, Thursday, Iraq warning of the fall of the local currency by the World Bank.

He said Al-Harthy's / balances News /, "The World Bank has given loans to Iraq according to several conditions," noting that "the World Bank warned of the fall of the local currency."

He said the Deputy Chairman of the Parliamentary Economy, said that "according to World Bank studies, the local currency is threatened, but the bank gave some solutions to control it."

MP for the parliamentary Finance Committee Ahmed Sarhan, Tuesday, loans that Iraq obtained from the International Monetary Fund to bridge the shortfall, while noting that oil revenues sufficient to pay staff salaries.

Iraq had signed a contract with the International Monetary Fund to give Iraq a loan for the purpose of reconstruction of the affected areas and rejuvenating the country, ".anthy 29

From: Haidar Almitm


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