A member of the Finance Committee excludes the loss of Iraq more than (500) billion dinars due to the policy of the Central Bank

Date: 26/02/2013 10:38:24 Tuesday



Baghdad (news) .. Exclude a member of the Finance Committee MP / National Alliance / Amin Hadi Abbas, Iraq an estimated loss of more than (500) billion dinars as a result of the central bank's policy on the sale of hard currency.

Abbas said (of the Agency news): The central bank's policy aimed at maintaining the exchange rate of the national currency, noting that the process of selling the currency is difficult to find a balance in the amount of the dollar and the dinar in the market with a slight difference.

He explained: that the central bank gets a dollar from the sales of oil and sell it to the market through the auction in exchange for Iraqi dinar converts to the Finance Ministry because the ministry dealing dinar in the distribution of salaries and loans.

He added: that the statements of one of Representatives existence of a financial loss estimated at more than (500) billion dinars, this is the difference in the currency rather than sales losses, and this process even in previous policies exist.

The MP for / coalition in Iraq / Haidar al-Mulla, told a news conference in the House of Representatives, that Iraq has lost money estimated at more than (500) billion dinars since received Prime BSA Basset Turki as central bank governor, succeeding the accused with corruption Shabibi. / Finished / 8. n. p /


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