10:39 - 2023-08-17
Central Bank Governor Ali Al-Alaq announced that Iraq's gold reserves amount to 132 tons.
Al-Alaq said in a press statement: "There is a future for gold and that Iraq possesses 132 tons," pointing out that "there is a tendency to obtain dollars inside airports through outlets for discreet companies."
He explained that "the talk about the entry of 14 foreign banks into Iraq is incorrect," noting that "the banks that have correspondent banks have a sound, official, and easy status of foreign transfers."
He pointed out that "the Central Bank is asking the government for 46 trillion dinars, and that 30 of them are in Al-Kazemi's government."
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