Wednesday, May 23, 2012

Mahma Khalil: A traders fled (4) billion dollars to a neighboring country and caused the depreciation of the dinar last April

 Wednesday 23/05/2012

Baghdad (news) .. Revealed the decision of the Economic Commission for MP / Kurdish coalition blocs / Mahma Khalil smuggling operation (4) billion dollars to one of Iraq's neighboring countries through the import dealer under the pretext of certain goods in the month of April, which led to the increase in the exchange rate of the dollar against the dinar.
Khalil said (of the Agency news) on Wednesday: There are signs of smuggling (4) billion dollars to one of the countries of the region surrounding Iraq in April last by a person who has promoted transactions and fake pretext that he imported goods containing electronic devices (TVs, computers) he said, adding that the money came out without receipt of any goods into the country.

He added that the hard currency out of the country easily because of the lack of regulations and laws that guarantee the advent of the goods that claim to import a lot of traders out against the dollar, in addition to the lack of real control of the ports on the Iraqi border.

He pointed to: that traders and conflicting in the market to have plans and studies of them have access to large amounts of hard currency from Iraq and leave them across the border into neighboring countries, especially as some countries suffer from economic conditions may make them need to hard currency. / Finished / 8. d. Q /