Dysfunctional banking sector helps keep Iraq in economic shambles – Kansas City Star
Posted on December 25th, 2011 by admin
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Dysfunctional banking sector helps keep Iraq in economic shambles
Kansas City Star They have a monopoly on government deposits and control 90 percent of the bank assets in Iraq. The losses on their books are enormous, because of devaluations of the Iraqi dinar – in which government debt was denominated – as well as loans to defunct … |
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Filed under: iraqi dinar revaluation
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