Relationship: the continuing programme of financing loans and cash reserve "locked"
September 21, 2015 20


Iraqi Central Bank Governor stressed the relationship: "the programme loan financing will remain constant regardless of the financial situation of the Ministry of finance and State institutions."

Allaq said in a press statement obtained by the news agency economy programme loan funding will not be affected by low world oil prices and the economic crisis, and is an initiative of the Central Bank shall be followed and implemented exclusively. "

Central Bank Governor reiterated his assertion that "Iraqi reserves locked in a controlled setting and constantly changing, away from the negative impact of low world oil prices.