On: Tue 03/01/2012 7:19
The central bank of new mechanisms about foreign trade, means of financing by the government and the private sector, at the time called elite academy for the adoption of a credit card in the process of trade. The deputy governor of Central Bank of Iraq the appearance of Mohammed Saleh, said that foreign trade financing to the government and the private sector
Was conducted according to the annual trade preset named later (b Plan of Foreign Trade) in order to finance trade imports according to the government and private a number of mechanisms.
Saleh added, according to “news agency Uzmatk” The mechanism is to take over the government withdrawal from the reserve fund for the purposes of Government Commerce and settlement take place through the amendment of the budget constraints and the corresponding limitations over the balance sheet of the Central Bank. (more…)