Parliamentary Finance intends to find out the amount of money frozen

Published on Tuesday 0.09 1 December / December 2014 18:05


BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - a member of the parliamentary finance committee Masood Haider said on Tuesday that his committee is determined to address the Ministry of Finance to see the size of the Iraqi funds are frozen with banks abroad.

According to Haider's (IMN), that "there was a move to the Commission towards the knowledge of Iraqi funds frozen at foreign international banks, since the time of the previous regime, as well as knowledge of their locations." Noting that "is determined to raise its coordination with the Ministry of Finance Committee to find accurate information on these funds."

Observers in the possession of the Central Bank of nearly $ 84 billion in international banks, the government can not dispose of them revealed.

"The release of frozen funds to the Iraqi government, will contribute to raising the financial budget's ability to address its fiscal deficit." He pointed out that "the financial budget will be sent to the House of Representatives the end of this year."

A member of the Committee on Economy and Investment parliamentary Ali al-Maliki, the earlier, the central bank briefed the Committee on the future vision in progress, working on investment reserves of money and gold assets in a private service state government projects.


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