Tuesday, 01-05-2012
Member of the Finance Committee: we must invest Iraqi assets frozen in banks in global projects serving the country
Baghdad, Member of the Finance Committee, the National Alliance Deputy//Faleh, need to invest in Iraqi funds in the world banks investment projects serving the country.
He applied Iraqi funds frozen "in very large global banks must invest in various investment projects both within the country and abroad, such as housing projects, industry or services, by the Ministry of finance and the Central Bank to diversify the country's fiscal revenue.
Calmed and returning the money reserved in most global banks to officials of the former regime or other Iraqi figures frozen in such banks as a result credited to litigation brought against them.
These funds are considered as fixed deposits or global variable in those banks, give them specific financial interest by those banks, making its value grow annually.
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