A source reveals for "tomorrow Press" about the size of the cash reserve at the central bank

Admin Sun Jan 29, 2017 1:18 pm

14:18 29/01/2017
BAGHDAD / tomorrow Press A government source revealed on Sunday, for the low monetary reserves of the Central Bank of Iraq to $ 45 billion, as a result of the deterioration of oil .prices and the continuation of the "waste" of public money, said the source for "tomorrow's Press," that "the government has stopped at the moment Antrza, dependence on bank reserves began to take advantage of the state's resources and borrowing, "noting that" the high price of world oil market also contributed to stop relying on the financial reserve. " He added that "the central bank's reserves in 2014 was 87 billion dollars, and as a result of cost to the country because of the war on Daesh and lower oil prices, Iraq relied on this reserve for running the country and the payment of staff salaries and the needs of the market, "pointing out that" waste of ".money year contributed to the decline in current reserves to 45 billion dollars He pointed out that" [size=19]the Iraqi dinar is still safe despite the decrease in the reserve, is expected to return to its former glory after the end of the war on ".Daesh [/size]
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