Deputy: Iraqi economy is threatened with collapse because of regional events

30-08-2013 10:38 AM

Baghdad (news) .. A member of the Economic Commission National Alliance MP Hussein المرعبي, that the current events in Syria and the region will affect the Iraqi economy and the central bank reserves.

He said المرعبي (of the Agency news): if it was Syria or Iran to strike and the closure of the Strait of Hormuz will occur a major setback economy of the region, especially in Iraq, stressing the need for a stock of strategic large balance secures the future of Iraq's economic, whether coin or food for a period of not less than two years or more.

He added: maintaining the reserves of the Central Bank of the currency or gold is not easy, it depends on how the political stability of the country and linked to the global stock market.

And: he was economists and the central bank to reconsider monetary policy and do reforms banking in anticipation of any emergency and expect the worst odds in the light of the charged atmosphere in the region, pointing out that Iraq could not withstand economically if Matard an attack similar to the attack Syria 'God forbid' because it lacks the stocks strategic .

The Iraqi economy is very weak foundation being depends primarily on oil Other revenues are non-existent. / End / 5. G. / Mm


http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.ikhnews.com/index.php%3Fpage%3Darticle%26id%3D98944&usg=ALkJrhh6x2ks33EiV2_EHJbLOGHKt08Oaw#sthash.cA32yO9Q.dpuf