Central Bank trading 7 trillion dinars per month in the form of fees and services

09/12/2012




BAGHDAD / JD / .. Central Bank confirmed that the Iraqi economy means widening phenomenon of government spending, stressing that he is trading at 7 trillion dinars monthly wage and services.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh Agency correspondent / JD / that the Iraqi economy is suffering from widening government spending, adding that the central bank manages 7 trillion dinars famous and often in the form of wages or services while the wheel production almost stopped when compared to corresponding neighboring Iraq.

Saleh added that there is tremendous pressure on the economy through the import intensity of hard currency for goods and services, and in return is not the introduction of one dollar for Iraq.

And: that Iraq is not a country attractive to invest in when they are out of large amounts of dollars and are not investigating the fate, calling for the need to ensure the safety of financial transactions for trading business which is the central bank one of the parties, should also ensure the safety of financial transfers to the outside Iraq and the follow-up work on the codification of expenses to the extent equal to achieve the desired development outcomes. Finished / 20 /


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