PM announces that the Central Bank's reserves have risen to more than $ 60 billion

politics/Economy
  • 11-04-2021, 17:26
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    BAGHDAD-INA 

    Prime Minister Mustafa Al-Kadhimi announced today, Sunday, that the Central Bank's foreign currency reserves have risen to more than $ 60 billion.

    The media office of the Prime Minister conveyed the most important thing in Al-Kadhimi ’s speech during laying the foundation stone for the project of the Southern Refineries Company to enhance the production capacity of improved gasoline in a statement received by the Iraqi News Agency (INA), that “Prime Minister Mustafa Al-Kadhimi announced a reserve rise The Central Bank of foreign currencies amounted to more than 60 billion dollars, after it was 51.9 billion before the initiation of the reform measures of this government. "

    According to the statement, Al-Kadhimi said, "The increase came as a result of the reform measures taken by the government after much betting on its failure and lack of continuity," indicating that "we have succeeded in stopping waste and great corruption in the notorious Central Bank auction and are continuing with our measures and we will not stop."