Central Bank: We have overcome the financial crisis and the days ahead are promising
Economy News / Baghdad ...
updated 15/04/2017
- 12:04
The central bank announced on Sunday that Iraq has overcome the financial crisis and the days ahead bode well, pointing out that it is concerned about the decline in foreign exchange reserves

The crisis of austerity and financial deficit as a result of the recent drop in oil prices has ended and Iraq has overcome the financial crisis and the days ahead bode well," said Iraqi Central Bank adviser Walid Eide

Iraq will become the country of foreign investment as a result of the competition of foreign international companies to invest in the reconstruction of destroyed cities after the recovery of the dashing

He explained that "the entry of foreign companies to Iraq will reflect a positive outlook and will contribute to attract major countries to rebuild the destroyed areas and the conclusion of joint investment agreements in addition to trade exchange and the activation of tourism and the oil industry " stressing that the conclusion of oil agreements with Arab and foreign countries will contribute to bring the country's hard currency and raise reserves Central Bank of the currency

I am concerned about the decline in the central bank's hard currency reserves and the decline of my time and will improve in the near future
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