April 26 / April 2015
Parliamentary Finance Committee revealed, on Sunday, it had doubts about the smuggling of between 112-115 billion Iraqi dinars out of Iraq in the past years, noting that the financial situation in Iraq in a difficult situation and the Iraqi economy is in recession.
The Commission decision Ahmed Haji Rashid told the "light News", that "the financial situation in Iraq put a difficult we live now and the risks, and the Iraqi economy is in recession due to a number of problems, including the presence of a structural defect in the structure of the Iraqi economy, and in several axes in financial monetary and credit policy and politics. "
He added that "these three axes establish Iraq's economic structure and three incorrect," adding that "monetary policy in Iraq and financial amounts that have entered Iraq in the past years through the sale of oil up to $ 551 billion and by this policy, the $ 312 billion out of the Iraq ".
And between Rashid, said, "We have statistics that we received and reliability of the documents, it is between 2006 to 2013, the amount of about $ 115 billion is import the outcome of this period."
And on the smuggling of Iraq's money abroad, he said the decision parliamentary finance committee, he was "of these statistics note that between 112 to 115 billion dollars, we do not know its fate and where it disappeared and we have suspicions around, you been smuggled abroad and how? And may have been smuggled out under the name of trade, but really it is not trade but are bleaching of funds and another section of this money came out because of the flight of private capital. "
He pointed out that "there are suspicions about how to exit these amounts were a number of meetings on this subject and most recently was with the presidency of the parliament and in the presence of the Integrity Committee and the Committee on the economy, it was agreed with the relevant bodies to hold further meetings to reduce this matter."
And around existing solutions to the financial crisis, he said the decision parliamentary finance committee, said that "the solution should be reconsidered in structuring monetary, financial and credit policy in order to correct the economic situation."
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