Parliamentary economy confirm the existence of frozen funds in the state treasury
12/9/2015
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Deputy Chairman of the Committee of Economy and Investment parliamentary Harith al-Harthy, on Wednesday, the existence of frozen funds in the state treasury may help increase profits on Iraq if they are used properly, while noting that foreign loans weigh down the budget and paralyze the movement of investment in Iraq. Harthy said in a press interview that "foreign loans return profits to the state that gave Iraq borrowing attributing the cause to that which provide loans came from the profitability of hand, leading to exaggerated Add to these loans, which helps weights in the budget and paralyze the movement of investment." He stressed "the need to find alternatives through borrowing from the central bank on Tragaha that are borrowing from international banks," referring to "the need to find solutions before resorting to borrowing from the World Bank." He added that "Iraq has frozen funds in the state treasury and the borrowing of them the same conditions for the return to profits," stressing "the necessity of activating the money to help in supplying the country's economy."

http://www.iqtesaduna.com/2015/12/09/21368/