USD price fluctuations cost Iraq 3 billions within 2 months

by **notazbad2000** Mon 15 Apr 2013, 5:30 am

notazbad2000

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USD price fluctuations cost Iraq 3 billions within 2 months

by notazbad2000 Mon 15 Apr 2013, 5:30 am

USD price fluctuations cost Iraq 3 billions within 2 months

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Baghdad (IraqiNews.com) Member of Parliament Kadhim al-Shimari, the official spokesperson of the White Bloc reported in statement received by IraqiNews.com “The international reports confirm that the huge state budget of Iraq only depends on the revenues of oil exports sent to the Iraq development fund within the International Development Fund.””The Iraqi economy is suffering of many fluctuations in the price of Iraqi dinar against the USD dollar which cost Iraq about USD (3) billions within two months in 2012,” he added. “Some powerful figures in the Iraqi government is seeking to take advantage of surplus of oil revenues to increase their personal balances abroad,” he concluded.

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The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.
Martin Luther King Jr., Strength to Love, 1963