Minister of Finance: 40 billion dollars the central reserve and 10 billion at the disposal of the government

Minister of Finance: 40 billion dollars the central reserve and 10 billion at the disposal of the government

In response to the report the Government Accountability Office

According to Finance Minister Baqir Jabr Al-Zubaidi Quality of financial surplus in the country's estimated 50 billion dollars, adding that there were differences in details of real numbers and what MEMRI U.S. Government Accountability Office on the fiscal surplus.

He said in a press statement yesterday in response to the report of the Government Accountability Office which indicated that Iraq has a surplus of 52.1 billion dollars in the budget: that there is a difference in detail between what was provided and the U.S. office what already exists.

Zubaidi said that there are 40 billion dollars are currently in the reserve of the Central Bank, which is beyond the disposal of the government, there are 10 billion dollars at the disposal of the Government, an amount usually act at the beginning of each fiscal year to avoid problems related to the new budget.

It should be noted that the report prepared by the U.S. Government Accountability Office arm investigative Congress, in conjunction with the willingness of U.S. lawmakers to discuss the request for funding of one billion dollars from the White House for the benefit of the Iraqi security forces, but the U.S. Defense Department refuted the statement in the report, saying that the figures in dollars, which in the report were not true, and that Iraq needed the cash reserves to plug the budget deficit.

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