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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Economist warns of clouds or government borrowing from the central bank reserves

    Rocky
    Rocky
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    Economist warns of clouds or government borrowing from the central bank reserves Empty Economist warns of clouds or government borrowing from the central bank reserves

    Post by Rocky Wed 09 Mar 2016, 11:43 am

    Economist warns of clouds or government borrowing from the central bank reserves




    Wednesday - 03/09/2016

    Specialist warned in the economic affairs of the prejudice reserves , the Iraqi Central Bank 's foreign currency , stressing that it is a violation of the law and economic imbalance great. The lion Mohammed Ali said currently the central reserve is the Iraqi currency lid and the source of their value and untouchable destabilize the Iraqi economy. " He added that" the law are not allowed even to borrow from the reserve and put his sanctity and protect qualify him to stay within levels or is development and not vice versa, considering invoking the financial crisis is not a way to breach the laws and can parliament or citizens to sue the government if they violated the law , being entrusted with the law and the wealth of Iraq. " he said " the serious decline in the reserve figures must immobilize observers and makes them investigating the reasons for this decline." a member of the parliamentary finance committee Magda Tamimi, it confirmed that no government has the right to withdraw the foreign reserves of the central bank, noting that there are many collect money not withdrawn Since years.


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