Nazem: The government ended the currency auction and raised the central bank’s reserves

Nazem: The government ended the currency auction and raised the central bank’s reserves

Tuesday 2 March 2021 | 07:17 pm

Nazem - The government ended the currency auction and raised the central banks reservesCabinet spokesman Hassan Nazim confirmed today, Tuesday, that the government has ended the currency auction and raised the Central Bank’s reserves. Nazem said in the weekly press conference of the Council of Ministers, “Prime Minister Mustafa Al-Kazemi confirmed the government’s adoption of the stance of de-escalation regarding the conflicts in the region.” He added, “Al-Kazemi confirmed that the government prevented the economic collapse and ended the currency auction, as the government inherited a stifling economic crisis and was able to raise the reserves of the Central Bank.” He pointed out that “the government is working to solve some problems and crises, especially in Nasiriyah,” noting that “the government is trying to address the problems facing Nasiriyah.” “There is tendentious incitement in the events in Nasiriyah, and we will hold the negligent local administrations accountable,” he added. Regarding the health ban, Nazem commented that “Health Minister Hassan Al-Tamimi confirmed the positive effect of the ban after the decrease in the rate of Corona injuries,” explaining that ”

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