The conditions of the Central Bank of reassuring despite the decline in reserve



01.19.2016 at 10:51 (GMT Baghdad)

BAGHDAD - scales News
Confirmed Services Committee member of the parliamentary Tamimi morning, Tuesday, that the conditions of the Central Bank of reassuring despite the decline in reserve, indicating that it represents a guarantee to move the economy.

Tamimi said in a press statement received / scales News / copy of it, "what conditions the central bank still reassuring despite the decline in the reserve but has reserves of more than 50 billion dollars."

"If we want to compare it has been the reserve in mid-2003 almost non-existent oil and imports less than 20% of what it is today, despite lower prices and foreign debt exceeds 120 billion dollars, and the interior in the highest level, and imports plunging markets."

It noted a member of the Parliamentary Services Committee that "the Reserve Bank is not the property of the government, but it represents a guarantee to get the economy moving, through monetary instruments, exchange rates and interest rates and banks' ./ ended 29 n / 10

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