November 2, 2015 0
Our economy / Baghdad
The governor of the Central Bank and the Agency on the Keywords that Iraq still enjoys a comfortable reservoir of cash foreign currency.
Keywords and said in a press statement that "Iraq has a reserve of cash currency, which protect him from falling into a severe economic crisis, or the inability of the State to provide the employees' salaries, and cover the projects," pointing out that "Iraq reserves estimated at more than 1,500%."
He said the central bank governor that the issue of deletion of zeros from the currency, will be in the event of an administrative and security stability can control the state of the markets, and the imposition of standardized pricing on goods.
It is said that Iraq is undergoing austerity due to the financial crisis, which has passed through due to lower global oil prices.
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