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Central: Available cash is not available and we plan to attract the funds
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Alsumaria News / Baghdad
announced that the Central Bank of Iraq on Monday, the available cash is not available, pointing to plans to attract funds and pumped into the banking system.
"Stagnation is a problem and a concern for many countries, especially after the latest technological developments and the subsequent achievements and huge savings in the incomes of the elements of production," the bank's governor Ali Al-Alaq said in a statement.
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[You must be registered and logged in to see this image.]Central confirms the "strength" of the Iraqi reserve according to international indicators "reassuring"
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[You must be registered and logged in to see this image.]Parliamentary financial decision: the Central Bank is hesitant to open two branches in Kurdistan
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Al-Alak added that "the Central Bank observes this phenomenon directly and that the available cash is not available and as planned," noting that "the Central Bank has a scheme to resolve this issue through the development of plans and studies to attract funds and their attractions within the banking system."
It is noteworthy that the term "compactness" means holding the money and imprisoning it from circulation. It may be the hoarding of burying money or keeping it in the boxes inside the house and not taking it out to trade in the money and capital markets.[/size]
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