Sat, 26 Nov 2016 07:19:51
The beginning of a government source said, if there is some government banks fail to work the bank for reasons out of their revenues, pointing out that "the central bank works on the integrity of the body to check on the safety of cash in the banks.
The source, who declined to be identified said that "some government banks resorting to" loan of last resort "of the central bank in order to preserve the financial stability of the market in Iraq, pointing out that the central bank is a bank bank loans to those banks and exchange."
He continued that "the Central Bank is working on a financial exchange loans to domestic banks and banks, industrial, agricultural and housing development to support the liquidity of the economy in Iraq."
The Commission asked for the economy and investment representative last week, the General Secretariat of the Council of Ministers sent the draft central bank law and the banks and government for the purpose of modified and approved by parliament.