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*********** Parliamentary Economy: Central Bank reserves will invest in projects

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***********   Parliamentary Economy: Central Bank reserves will invest in projects Empty *********** Parliamentary Economy: Central Bank reserves will invest in projects

Post  Admin Sun Oct 26, 2014 10:03 am

Published on Sunday, November 25 1 / Okrudolf 2014 13:39
 

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - a member of the Committee of Economy and Investment parliamentary Ali al-Maliki, said the central bank briefed the Committee on the future vision in progress, working on investment reserves of money and gold assets in special servicing state government projects.

He said al-Maliki's (IMN), that "the central promise in the case of an existing high gold and hard currency, investing in government projects, with a total investment of these projects and development for the development of national production."

He explained that "the center has 74 billion and $ 300 thousand in reserve, increasing the current monetary mass of 40 trillion dinars."



A member of the committee of economy and investment parliamentary Ali al-Maliki earlier, directed the central bank to support government investment projects, and his intention to remove the zeros currency during the next five years and make it tamper-proof.


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