Yasiri proposed investment (10%) of central bank reserves of hard currency for infrastructure projects
Yasiri proposed investment (10%) of central bank reserves of hard currency for infrastructure projects
16-03-2013 12:38 PM
Baghdad (news) .. I suggest a member of the Finance Committee MP / National Alliance / Hussain Yasiri, invest a fraction of the central bank reserves of hard currency and (10%) for investment projects serve the country. Yasiri said (of the Agency news): The Central Bank has a cash reserve of up to more than (67) billion dollars, Flo was invested proportion (10%) than any limits (6.7) billion dollars, will be able to implement investment projects and services in the country, as well as strengthen the reserves of cash. added: that the Finance Committee introduced this proposal to the administration Previous to the Central Bank, but they turned a hearing on this subject without knowing the reasons, adding that the country needs to infrastructure projects and investment. was rapporteur of the committee of economy and investment MP Mahma Khalil stressed that the central bank has a cash reserve of up to (70) billion dollars. mentioned that Iraq lacks the integrated infrastructure in all its different sectors, because of the circumstances in which it passed during the eighties and nineties of the past century, as well as terrorism and the occupation period after 2003. / end / 8. n. p /
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