Adviser to the Republic: The government needs $ 13 billion of foreign currency reserves to meet salaries

01/16/2016 16:20 pm (Baghdad time)

Special - scales News
Stressed the economic advisor to the Presidency of the Republic Khalifa al-Zubaidi, said Saturday that the government needs to withdraw $ 13 billion from the treasury of the central bank's foreign currency amounting to 55 billion dollars to cover salary expenses.

Zubaidi said L / scales News / "The continued decline in oil prices will push the government to borrow from the foreign currency reserves at the Central Bank."

Al-Zubaidi said that "the government needs to pull $ 13 billion out of $ 55 billion of Iraq's foreign currency reserves to meet all salaries" .anthy 29/33 h