Central Bank reserves enough to meet the budget in full testament to the strength of the Iraqi economy

Jaber Al Jabri: Central Bank reserves enough to meet the budget in full testament to the strength of the Iraqi economy

05-07-2013 11:39 AM

Central Bank reserves enough to meet the budget in fullBaghdad (news) .. A member of the Finance Committee MP for the coalition in Iraq Jaber Al Jabri, that Iraq has reserves in the central bank sufficient to meet the state budget for the whole year. said Jabri (of the Agency news): that in the case of a disaster or war or financial crisis lead to the suspension of oil exports, the Reserve in the bank sufficient to cover the deficit that gets in the budget and this demonstrates the strength of our economy. ruled out: that is withdrawn any money from central reserves at the moment because the state budget, pointing out that Iraq possessed imports strong day sufficient to meet the needs of the approved budget, according to plans of the Finance Committee. mentions The central bank governor Abdul Basit Turki said that the central bank reserves sufficient to cover the expenses of the Iraqi state in the event of a ceiling rose in the next year, attributing the cause to a strong reserves and ongoing revenues to the treasury of the bank. / End / 5. b. PVC /

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