The Central Bank rejects a parliamentary proposal to pay part of the salaries of staff in dollars

Author: AR, ASJ, HH
Editor: AR, HH
11/22/2015 12:37
Number of Views: 556

Long-Presse / Baghdad
The Central Bank of Iraq, on Sunday, parliament rejected a proposal to pay part of employees' salaries in dollars, as he emphasized that this process will lead to depreciation of the currency reserves.

The governor of the Central Bank on the Keywords during a press conference held at the Central Bank building and attended (range Press), said that "the Finance Committee in the House of Representatives and a number of specialists suggested to be part of the employee's salary in dollars."

Keywords and added, "We as a central bank refused this thing for two reasons, the first being a threat to the country's sovereignty because the currency is the dinar, the national currency," adding, "The second reason is that the process leads to a significant reduction reserve".

The Central Bank of Iraq revealed, the Sunday (22 November 2015), on the face of great pressure and different in his work, as he emphasized that it works to reduce the sales process, he pointed out that he controls, including received from the dollar to the country.

The Central Bank of Iraq denied on Tuesday (November 2015 17), the reports about the opening of an investigation the disappearance of ten billion dollars, while the newspaper, which reported the story to investigate the "great" student publication of such news.

The Central Bank of Iraq revealed on Saturday (16 May 2015), the bank reserve "has not and will not affect", in any form, indicating that the reserves this month, higher than its predecessor, while pointing out that Iraq if they remained dependent on oil resources basis as a source will remain "adversely affected and positively" with the rise and fall of oil prices.

It is noteworthy that the central bank confirmed, during the month of January 2015, that the reserves will exceed the $ 80 billion during the first half of the same year, but will not reach $ 100 billion due to weak retail Iraqi oil revenues and through which access to the dollar to strengthen reserves.


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