Advisor Abbadi: Central Bank lent the government 21 trillion dinars


 

 

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Advisor Abbadi: Central Bank lent the government 21 trillion dinars

 

15-07-2017 03:41 PMThe Euphrates –

The financial adviser to the Prime Minister appearance of Mohammed Saleh on Saturday that the Iraqi currency is fully covered in foreign currency, noting that the central bank lent the government 21 trillion dinars during the past two years.

Saleh said in his speech during a meeting of the Institute for Progress on Development Policy today that ‘the central bank played an important role in the war on the organization of the preacher and victory after the occupation of some provinces,’ noting that ‘the central bank lent the government 21 trillion dinars over the past two years’.

He added that ‘the Iraqi currency is fully covered by foreign currency and no fear on the Iraqi dinar because the central bank defended the exchange rate over the last period’, noting that ‘the devaluation of the dinar against the dollar is not an easy solution because the conditions of Iraq.

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