Parliamentary Finance reveal declining Iraqi Central Bank reserves

Finance Committee in the House of Representatives revealed, on Thursday for a decrease in central bank reserves to less than $ 50 billion.
And Zkredo Parliamentary Committee on Finance Hossam punitive in a press statement, the central bank does not talk about reserves "for fear of creating new crises," he said, adding that the government turned to internal borrowing from a bank Rafidain and Rasheed during the years 2015 and 2016, estimated at $ 15 billion without the return of these amounts with its benefits to the two banks.
It is noteworthy that the central bank governor on the Keywords confirmed earlier, Iraq's commitment to the pledges made to the International Monetary Fund Ptoukatadtha specific, stressing that Iraq's reserves of foreign currency of $ 53 billion, which is consistent with international standards and regulations of the International Monetary Fund.