Sirhan: Lower Iraq's reserves of foreign currency increased by $ 35 billion




2016/07/20

(Encyclopedia of the Day News | Iraq News ) - Economy

Since 20.07.2016 at 12:53 (Baghdad time)



Revealed the parliamentary finance committee member Ahmed Sarhan, Wednesday, Iraq's reserves drop of coins from 90 to 55 billion dollars.

He said Sirhan's / balances News /, that "the financial crisis experienced by Iraq have made monetary currency reserves to decline from 90 to 55 billion dollars."

Sarhan said, "The decline was a result of the withdrawal and payment of benefits and salaries of state employees."

Iraq has suffered from the financial crisis as a result of lower oil prices and the costs of the war against the terrorist Daash.

As the government moved towards borrowing from the IMF and World Bank Aldoliyn.anthy 29

From: Issa Hussein