To statistics [where]: slight increase Iraq’s oil imports in the first quarter of 2016 compared to the central sales

To statistics [where]: slight increase Iraq’s oil imports in the first quarter of 2016 compared to the central sales

5/7/2016 16:59

To statistics - slight increase Iraq's oil imports in the first quarter of 2016 compared to the central sales[Special Oan-]
showed a statistical study by the agency all of Iraq [where] based on official data that Iraq ‘s imports of oil , which accounts for about 90% of the public budget recorded a slight increase during the first third of the year 2016 compared to what was sold the CBI in the same period.
Oil sales amounted according to Oil Ministry data for the first four months [January, February, March, April] 10 billion and $ 748 million, compared with central bank sales for the same months the amount of 10 billion and 118 million and 308 000 and $ 524, mostly Khawwalat compared to direct cash , which raised around suspicions of corruption , fraud and money laundering.
scoring teams up for the benefit of oil imports valued at 629 million and 691 thousand and $ 476 compared to sales of the central bank in the first trimester of this year.
It was an official document of the Finance Committee in Parliament it revealed that the central bank sold the amount of the US dollar in the past year , 2015 more of Iraq ‘s imports of foreign currency obtained from the sale of crude oil in the same year.
showed the document to the state ‘s oil revenues for the year 2015 amounted to $ 38 billion, while sales of the bank in the same year was more than $ 44 billion , a difference of more than five billion dollars, that is what sold Iraq ‘s foreign currency more than its imports from them.
it is said that he recently noted that the central bank auction sales recorded a decline is the lowest it months ago as only for several weeks , the barrier of $ 130 million compared with the previous – month period and even after the financial crisis that began with a decline in oil prices in July 2014 and were ranging between 225 to 300 million dollars and sometimes more.
she described a member of the parliamentary finance committee Majida al – Tamimi, the central policy in the auction to sell the currency as “serving the corrupt.” According to the plan. He
also criticized the economic expert David Zayer, the bank ‘s policy , saying it “Iraq will pay toward bankruptcy and its reserve is unable to secure the required in the market , ” adding that “there is looting the process of systematic bankruptcy Iraq from its reserve of hard currency and the central bank assumes this responsibility . ”
but the economic advisor to Prime Minister appearance of Mohammed Saleh played down this risk and denied that the central bank is facing a state of bankruptcy.
he’s [where], that” the precautions of the dollar 60 billion or so , “attributing the ” decline in bank sales of the dollar in the recently the last to weak demand for the dollar because of the reduction and the reduction in government spending. ”
and raised suspicions of corruption , fraud and money laundering through the central bank auction as announced, specializing in national integrity and economic crime and money laundering a misdemeanor court, on 20 August issued sentences of imprisonment and a fine against officials in the bank Mesopotamia and the north after being convicted on charges of corruption and money laundering, banner earlier in the presence of 20 defendants in these cases , some degree of chairman. ”

alliraqnews.com