Deputy: Finance intends to borrow again from the central bank’s reserve

Deputy: Finance intends to borrow again from the central bank’s reserve

10/4/2020 10:43

Deputy - Finance intends to borrow again from the central banks reserve(Baghdad: Where’s News) A member of the Parliamentary Finance Committee, Muhammad Sahib Al-Darraji, confirmed today, Sunday, that the Ministry of Finance wants to borrow again from the central bank’s reserve.

Al-Darraji said in a tweet to him on Twitter, that “in our hosting of the Ministers of Finance and Planning on September 10 in the House of Representatives about non-compliance with the borrowing law by submitting a reform paper, and they promised us to submit a draft by the end of September and a final version that is applicable in mid-October.”

He continued, “For today, they did not present the draft. They want to borrow again from the central bank’s reserves.”

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