Deputy warns of the government to continue borrowing from the central bank
Deputy warns of the government to continue borrowing from the central bank
04/28/2014
Baghdad / Orr News
Warned a member of the Committee for the economy and investment representative of the government to continue borrowing from the central bank to cover the expenses of the investment budget because of the adoption of the law of the state budget for the year 2014.
She Nora Salem fears of the impact of borrowing in the Bank cash reserves of hard currency. While raised concerns by saying to Radio Free Iraq that the House of Representatives had not seen the amount of money borrowed by the government so far until the adoption of the budget in 2014.
As he emphasized the economic Dergham Mohammed that continued government borrowing from the central bank hurt the economy, calling on the House of Representatives to speed up adoption of the budget, he stressed Majid picture, financial expert, that the Central Bank Act does not allow the use of funds reserves of cash, and leave law, government borrowing from the central pledged to return them the balance of 2014, while approval.
uragency.net
