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Expert: the country's economic situation is still good and growing sales of oil a month
5/4/15
BAGHDAD / ... stressed the economic expert on behalf of Antoine, Monday, that the country's economic situation is still good and is deteriorating and the flow of oil in place and sales of oil exists and is growing month by one.
He said Antoine's "Eye Iraq News" that the absence of deposits in Iraqi banks in addition to the presence of sums of money when contractors owed the government did not act led to the scarcity of liquidity in the banks, "he said, adding that" the setback drop in oil prices by half is the main reason for not the existence of liquidity. "
He added that "there are plans and programs to get out of this impasse over a short period and still pay government salaries and the disposal of some of the issues and some of the ministries have received financial allocations despite the necessary depth."
He stressed that "the central bank Sehul this liquidity and give the government $ 5 billion in other industrial sectors such as industry, agriculture, housing," noting that "liquidity is back on the stage and show recovery."
It is noted that the parliamentary finance committee yesterday denied the government's inability to pay salaries next month after June, and confirmed that the Iraqi financial reserve exceeds $ 60 billion.
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5/4/15
BAGHDAD / ... stressed the economic expert on behalf of Antoine, Monday, that the country's economic situation is still good and is deteriorating and the flow of oil in place and sales of oil exists and is growing month by one.
He said Antoine's "Eye Iraq News" that the absence of deposits in Iraqi banks in addition to the presence of sums of money when contractors owed the government did not act led to the scarcity of liquidity in the banks, "he said, adding that" the setback drop in oil prices by half is the main reason for not the existence of liquidity. "
He added that "there are plans and programs to get out of this impasse over a short period and still pay government salaries and the disposal of some of the issues and some of the ministries have received financial allocations despite the necessary depth."
He stressed that "the central bank Sehul this liquidity and give the government $ 5 billion in other industrial sectors such as industry, agriculture, housing," noting that "liquidity is back on the stage and show recovery."
It is noted that the parliamentary finance committee yesterday denied the government's inability to pay salaries next month after June, and confirmed that the Iraqi financial reserve exceeds $ 60 billion.
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