Masood Haider: Central bank balances very large compared to the economic crisis in the country



10/14/2015 15:59

Baghdad - INA / stressed the parliamentary finance committee member Masood Haider, on Wednesday, that the funds in the central bank is very large compared to the deteriorating economic situation in the country, stressing that the withdrawal of non-reserve assets for investment projects.

And member of the Finance Committee Masood Haider for "official Iraqi News Agency", said that "the funds in the central bank is very large compared to the deteriorating economic situation in the country."

He added that he "can not pull those amounts and the estimated value of more than $ 60 billion and nearly 90 tons of gold as an asset in the approved Iraqi banks, can not be withdrawn in investment projects or operational and must rely on the current imports and rely exclusively on the sale of oil."

He noted that "the current budget are among the Development Fund and the administrator about is the Iraqi Ministry of Finance."

http://www.iraqnewsagency.com