Allawi reveals serious information collapse of the Iraqi dinar 20-09-2015
Allawi reveals serious information collapse of the Iraqi dinar ..
Iraq today - MP Mohammed Tawfiq Allawi, Minister of Communications, former confirmed yesterday that he must know all the dear citizens and has also been circulated in the media on Treasury bonds loan from three banks global 'Deutsche Bank, Citigroup and JP Morgan' by six billion dollars at an interest rate 10.37% per annum up to the year 2028.
Where between Allawi said 'we will destroy our country with our own hands, must know all dear compatriots, and has also been circulated in the media on Treasury bonds loan from three banks global' Deutsche Bank, Citigroup and JP Morgan 'by six billion dollars at an interest rate 10.37% per annum up to the year 2028.
The big risk in this loan he will go within the budget already suffering from a clear operating budget to cover any shortage that this amount will pay Kmaachat will go in vain without the payoff."
He said Allawi, said 'The second risk is impossible to increase oil prices to previous levels as the near impossibility to reach the price of oil more than $ eighty per barrel because of shale oil production for the foreseeable future big possibility is the descent of oil to $ thirty levels or even lower over the next year because of the increase Iranian production during 2016.
No secret to anyone that I Atmzk when I find that those responsible for the economic file make decisions will make the country's economy is collapsing without taking deliberate steps to save the country from collapse, stressing that the coming year will see a significant reduction in the cash reserve and we will have to reduce the dinar or rather the collapse of the dinar, unfortunately there is no one listens to what arises from economic solutions'.
He said Allawi was' what thefts central bank still going on in full swing The difference between the price offered in 1190 to the dollar and the selling price in 1223 of any Thirty-three points, meaning there are 2.8 cents per dollar and the central bank a month now to sell $ 3.8 billion more than half of this amount sold in the markets, theft and clear to the citizen any annually and this year will steal more than $ 600 million from the citizen, that this category soaked in the euphoria of what achieve profits and trying to patch up the situation by borrowing without thinking about the results and if I were their say (to go the country to hell as long as we achieve These profits do not dream of)'.
He said he 'unfortunately not got a clue more dear citizens, these figures do not understand the impact of these destructive policies, but they will suffer the suffering is unprecedented after a few years while sinking the country into debt and the benefits of the debt and the collapse of the dinar will come political class no matter how sincere you'll find themselves unable to save the country economically as well as security problems and the problem of Daash, they must bear the politicians Almtsdon today their responsibility before God and before the community to stop such destructive actions must be good reference assume their responsibility to save the country and future generations what awaits them from the economic future frighteningly large and the destruction of the country and increase the doubling of the suffering of the citizens after a few years because of these falseand non-thought out policies'.