Central warns of deterrent measures unless the controls on the sale of hard currency

In the parliamentary economy by central warns of deterrent measures unless the controls on the sale of hard currency

09/04/2016 8:06

Central warns of deterrent measures unless the controls on the sale of hard currency[Where – Baghdad]
carried the economic and investment commission in Parliament member Abdul – Salam al – Maliki, on Sunday, the Iraqi Central Bank, the legal and moral responsibility in the event of failure to take quick and decisive action to stop the smuggling of foreign currency from the dollar operations under the name of windows of the central bank to drain currency, warning measures deterrent will be taken to protect the country ‘s economy and wealth.
Maliki said in a statement received by all of Iraq [where] a copy of it today, that “there are measures included many of the suspicions of corruption and fraud in what is known as a window of foreign currency sale at the Central Bank, which caused the depletion of the currency of the country and led to the decline of dollar reserves in the bank treasury and that she was more than $ 80 billion to No. anonymous central bank can not permit it. ”
He added that” we have confirmed information that indicates a low level of cash reserves of hard currency to the low levels portend serious disasters in the short and long term has been threatening to bankrupt Iraq and sank in external debt. ”
He explained that” there is a huge difference between the approved price in the local market for accredited to the Central Bank of the price, allowing the spoilers and behind them by depriving the government of tax and Alcomerk in addition to depriving the Iraqi people of the benefit of the real exchange rate. ”
He noted that” the central bank has failed to control the exchange rates of foreign currencies , despite the many promises made ​​by the actions carried out by, and that was the result increased the corrupt wealth and increased poverty of the citizen. ”
he held Maliki ‘s central bank” responsibility for this corruption and waste of the people ‘s wealth exciting way to suspicions managed through corrupt drain the domestic economy , “warning” to take punitive action in the interrogation and to hold accountable those responsible for this negligence and negligence in the event of failure to take swift action to stop it. ”

alliraqnews.com