Parliamentary Finance: Central Bank contributes to the loss of 57 percent of Iraq’s imports

Parliamentary Finance: Central Bank contributes to the loss of 57 percent of Iraq’s imports

Tuesday, October 20, 2015 11:16

Parliamentary Finance - Central Bank contributes to the loss of 57 percent of Iraqs importsBAGHDAD / Baghdadi News / .. revealed a member of the parliamentary finance committee, Majida al-Tamimi, for the loss of “half oil imports”, because of the central bank and financial policy, and Auctions currency conducted by asserting the existence of “parties to the window,” the protection of a number of traders who circumvent Help to make large profits.
Tamimi said in a press statement, received / Baghdadi News / copy of it, “The 57% of the oil resources go to (pockets) traders and politicians through a complicated process to circumvent the central bank instructions for the distribution of hard currency.” Tamimi, showed that “the central bank gives importers hard currency at preferential prices less than the currency rates in the exchange market in order to maintain the exchange rates, in exchange for receipts buy materials imported merchants offered,” adding that “the mafia corruption and wide are to submit reports to the Central Bank issued by traders suggest to the merchant intention import vacuum cleaner million for the assumption of $ 10 million bought by the dealer at the official exchange rate of the Central Bank, which estimated a thousand, one hundred and seventeen dinars to the dollar. ”
Tamimi added that “the commercial attach├ęs in countries of origin as well as customs, and other episodes shared by certain percentages major process of corruption such as the first episode is the central bank that are not based on a plan import introduction of the Ministries of Planning and Trade about the actual need of the imported goods as well as the merchant brings official letters issued by commercial attach├ęs and border crossings confirm the alleged volume of imports, when we had a census of the imported goods on paper and is not actually found that the refrigerant, for example, were imported about 80 million refrigerated within only 4 months in the sense that every Iraqi Mbrdtin and a half. ended

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