Baghdad: our money is safe after the lifting of the immunity of America

Baghdad: our money is safe after the lifting of the immunity of America

6-3-14

BAGHDAD – Abbas al-Baghdadi

Office of Financial Supervision confirmed that Iraqi funds are safe after the lifting of immunity by the U.S., while the central bank attributed the lack of access to reserves, 100 billion dollars to the failure to approve the budget, said economists at the time that it stops the budget affects the functioning of the bank. He said economic expert Majid picture of (time) yesterday that (the delay in approving the budget affect the Bank’s work because it depends on the government’s request for the exchange and stop the budget leads to a lack of recycling Reserve, which depends on the basis of the budget).

For his part, Governor of the Bank and the Agency Abdel Basset Turki said in a statement yesterday (failure to approve the budget and behind the lack of access to bank reserves of $ 100 billion, and the bank sold dollars to the government). He said (the main source of reserves is pulling the Ministry of Finance of the dinar from the bank and that the latter sells dinar to the Ministry of the dollar).

He explained that the Turkish (the conditions of the general budget and will not be approved and declining public spending behind the non-arrival of the bank’s reserves of hard currency to 100 billion dollars).

The Turkish confirmed that Iraqi funds are safe after the lifting of immunity by the U.S., pointing to the absence of claims thereon, explained that while the threat that we feared previous years became a non-scary.

Turki said in a statement yesterday that the (Iraqi funds abroad in a safe is not exposed to the risks of an exceptional and did not hear the introduction to today’s demands against Iraq).

He added that the (perhaps some of the issues raised on the money, as with the rest of the world) to the remarkable (there are legal payments to defend the legality of the claim or not).

He said Turkish that (Iraqi funds abroad, which is in more than one place safe by virtue of the law), stressing that (the threat that we feared previous years has become a non-scary and bank money reserved safely norm in all countries of the world and the law in some countries of the world). Pointing that the (government funds managed by the Bank are also safe).

azzaman.com