Author Topic: Economist: There is no truth to the allegation of Baghdad for lack of financial  (Read 226 times)

Offline beach7

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Economist: There is no truth to the allegation of Baghdad for lack of financial liquidity


Denied economist Khaled Haidar today Wednesday, 18/02/2015, health claim Baghdad about the lack of financial liquidity, stressing that he disregards on sound scientific foundations.
He explained Dr. Khaled Haidar, a professor at the University of Sulaymaniyah's PUKmedia: that the financial liquidity of traded inside Iraq, amounting to about 30 trillion dinars, pointing out that the government receives oil dollar revenues, and then convert that currency to local currency, including the staff and expenses Other salaries behavior.
He added that the oil from the main revenue for the governments in Baghdad and Erbil, lower global oil prices affect the overall revenues, noting that the federal government can convert oil revenues to the Iraqi currency to provide liquidity.
He added: Baghdad's claim that disregards the scientific foundations of true availability of liquidity in the financial markets from the proceeds of Iraqi oil sale of large, as are converted to the Iraqi currency and pay them salaries and all other expenses.


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