Advisor of Al-Abbadi: The Central Bank lent the government 21 trillion dinars

BAGHDAD / The Financial Adviser to the Prime Minister Mudher Mohammed Saleh announced 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.

"The Central Bank has played an important role in the war on the Daesh organization and victory over it after the occupation of some provinces," Saleh said in a speech during a session of the Institute for Progress on Development Policy today, adding that "the central bank has lent the government 21 trillion dinars during the past two years."

"The Iraqi currency is fully covered by the foreign currency and there is no fear on the Iraqi dinar because the central bank defended the exchange rate over the past period," adding that "the devaluation of the dinar against the dollar is not an easy solution under the current situation in Iraq.

Source: National Iraqi News Agency