February 24, 2021 | oil and gas

Al-Kadhimi - The foreign exchange reserves of Iraq are rising


Baghdad (NINA) - Prime Minister Mustafa Al-Kadhimi affirmed that the foreign exchange reserves of Iraq are rising.'

Al-Kadhimi said in the cabinet session today that the foreign exchange reserves were threatened with collapse, and now it is escalating, and it is expected that it will increase by nearly 4 billion dollars by the end of this month, after the start of the reform measures and changing the exchange rate.”

Al-Kadhimi affirmed that weak souls have been waiting for the collapse of the economic situation since last October and November.'

Al-Kadhimi said during today's session of the Council of Ministers that the governmental measures enabled Iraq to pass this difficult stage in a wise manner.

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