Clare   

Article:   “Three reasons behind it… Al-Sudani’s advisor to Rudaw:  About 90% of Iraq’s monetary mass is hoarded outside banks.”  Quote:  “Saleh, economic advisor to Iraqi Prime Minister Mohammed Shia al-Sudani, believes that approximately 90% of Iraq’s monetary mass is outside the banking sector and hoarded in homes…The currency issued outside the central bank and circulated outside banks is called external leakage,