Central Bank: Beyond the financial crisis and the coming days, promising

Economy News / Baghdad
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The central bank, announced on Sunday that Iraq has overcome the financial crisis and the coming days are promising, noting he Amajaov the decline in hard currency reserves.

The Central Bank of Iraq adviser Walid Idi, in a press statement that "the crisis austerity and fiscal deficits as a result of lower oil prices in the recent period has ended and Iraq overcome the financial crisis and the coming days are promising."

He added that "Iraq will become a country of foreign investment as a result of global competition of foreign companies to invest in the re-devastated cities after recovered from Daesh."

"The entry of foreign Iraq companies will reflect a positive outlook and will contribute to attracting major countries to rebuild the devastated areas and the holding of joint agreements for investment as well as trade exchange and activating tourism and oil industry," stressing that "holding oil agreements with Arab and foreign countries will bring hard currency to the country and raise the reserve the central bank of the currency. "

He continued Idi, he "to Amajaov hard currency reserves fell in the central bank and the decline of my time and will improve in the near future.


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