Friday, February 21, 2025

FRANK26: "EVEN BOARD OF DIRECTORS HELP TO SQUASH FALSE RUMORS ABOUT THE MONETARY REFORM", 21 FEB

 KTFA

FRANK26: "EVEN BOARD OF DIRECTORS HELP TO SQUASH FALSE RUMORS ABOUT THE MONETARY REFORM"........F26

Expert: Talk about a shortage of cash is inaccurate and what is being circulated is exaggerated

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2/19/2025

Information / Special .. 

Financial expert and member of the Board of Directors of the Central Bank, Ahmed Brihi, confirmed on Wednesday that the promotion through the media about the existence of a shortage in cash liquidity is inaccurate and contains great exaggerations and falls, stressing that there are no concerns about the disbursement of salaries. 

Brihi said in a statement to / Al-Maalouma / agency, that “the talk and conversations circulating on satellite channels about the existence of a problem in the shortage of cash and its impact in delaying the disbursement of salaries is inaccurate and contains great exaggerations and fallacies,” indicating that “the delay in disbursing salaries sometimes relates to technical matters and nothing else and has nothing to do with the shortage of cash liquidity.” 

He added that "talking about financial liquidity is originally a search for new revenues for the federal budget or internal and external loans, but cash liquidity in the sense of the availability of cash in payment procedures is not a problem," stressing that "at the present time there are no concerns about the issue of disbursing salaries." 

 

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