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Central Bank: the County works to diversify sources of revenue to boost financial liquidity
05/19/20140 Comments
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The Central Bank said the Kurdistan branch, the territory is trying hard to ensure internal revenue collection financial liquidity.The Director of the Central Bank of the Kurdistan branch Abdul Rahman Saleh told the "WA", "territorial Government strives to collect domestic revenues and diversifying the sources of that income for the purpose of filling the shortfall in liquidity and financial transactions," he said, adding that "the crisis between Baghdad and Erbil and not to resolve a budget and the impact of oil and dramatically on the lives of citizens living on the one hand, and on the overall financial and banking transactions, now the territorial Government was able to secure salaries for staff throughout the past months, and the remedying of crisis".
Saleh noted that investment and trade in the region have helped in one way or another to offset financial recession which almost knows the territory's financial sector but the strong will of stakeholders were able to control the situation.The parties have in Baghdad and Arbil to solve that crisis would, particularly in terms of budget.
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05/19/20140 Comments
Picture
The Central Bank said the Kurdistan branch, the territory is trying hard to ensure internal revenue collection financial liquidity.The Director of the Central Bank of the Kurdistan branch Abdul Rahman Saleh told the "WA", "territorial Government strives to collect domestic revenues and diversifying the sources of that income for the purpose of filling the shortfall in liquidity and financial transactions," he said, adding that "the crisis between Baghdad and Erbil and not to resolve a budget and the impact of oil and dramatically on the lives of citizens living on the one hand, and on the overall financial and banking transactions, now the territorial Government was able to secure salaries for staff throughout the past months, and the remedying of crisis".
Saleh noted that investment and trade in the region have helped in one way or another to offset financial recession which almost knows the territory's financial sector but the strong will of stakeholders were able to control the situation.The parties have in Baghdad and Arbil to solve that crisis would, particularly in terms of budget.
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