Parliamentary Finance reveal the government’s borrowing $ 31 billion from the central reserve
Parliamentary Finance reveal the government’s borrowing $ 31 billion from the central reserve
01/28/2017
Parliamentary Finance Committee revealed on Saturday, for the Iraqi government to borrow $ 31 billion from the central bank’s reserves, usually that “illegality”, while confirming the intention of Parliament directing a question to the governor of the bank on the Keywords during its meeting today.
A member of the committee MP Haitham al-Jubouri in a press statement that “the central bank law in force No. 93 of 2005 stipulates that no act Balahtaaiti or government borrowing from the bank,” pointing out that “the government borrowed $ 31 billion and it is a violation of constitutional and legal.”
He said al-Jubouri, said: “All the figures are available, and our data indicate that the volume of Ahtati Bank in 2014 amounted to 81 billion dollars, while in the last meeting with the central bank heard Zan total reserve is 49 billion.”
Jubouri said that “Parliament will direct an oral question to the Central Bank Governor in this regard, because the descent without reserve to forty poses a threat,” asserting that “the Finance Committee monitors the work of the bank on an ongoing basis.”
burathanews.com
