Date posted 08/12/2012 08:17 AM
Baghdad — "squares" of Ahmed Lami
Economic expert warned the Finance Ministry Helal altaanman for the Government to withdraw any amount of currency reserves, saying it "will cause the collapse of the Iraqi dinar against the dollar."
He can be "the ECB monetary policy and has nothing to do with switching the Governor of the Central Bank Governor last," he said, adding that "the withdrawal of any amount from the reserve currency will cause the collapse of the Iraqi dinar and lead to the loss of all the efforts made in recent years to raise the value of the dinar against the dollar."
Can said that "all the accounts of the amounts of the currency reserves of the Central Bank under oversight and scrutiny by Parliament and other regulators".
Government is incapable of pumping out water but is not incapable of pumping out funds
The arrest warrant issued late last October against Central Bank Governor Sinan Al-Shabibi and senior officials of the Bank on charges of financial and administrative corruptionWhich rejected Al-Shabibi said: "they have been trying to actually since 2009, and they want money from the Central Bank reserves" in reference to Prime Minister Nuri al-Maliki's determination to withdraw plenty of cash reserves of the Bank.