Dealing “Panevaalah” with the issue of the central bank will affect the financial situation of the country

Rapporteur of the Committee on Economy: Dealing “Panevaalah” with the issue of the central bank will affect the financial situation of the country

Date: 25/10/2012 13:00:47 Thursday

Baghdad (news) .. Cautioned decision Economic Committee MP / coalition of Kurdish blocs / Mahma Khalil, the probability of impact the issue of central bank the current financial situation in the country in terms of instability Iraqi dinar exchange rate and prejudice the reputation of Iraq’s international monetary policy.
Khelil said (of the Agency news) today Thursday: Dealing with the issue of the central bank and the province, “Panevaalah” by the investigative parliamentary and some stakeholders will affect the financial situation in the country and ستزعزع of Iraq’s status of international hand cash transactions with international banks. added: supposed to be dealing with the issue of central bank professionally and efficiently away from the emotions and prefer to present to the House for discussion and development of solutions to them, because it is a sensitive issue and would hurt the balance sovereign country and adult (70) billion dollars. ‘s cabinet voted during its regular Tuesday (16 October 2012), the mandate of President BSA Abdul Basit Turki assume management position central bank governor and agency. quoted a number of media, in (14 October 2012), sources monitoring the Iraqi judiciary issued an arrest warrant for bank governor Sinan al-Shabibi corruption charges, pointing out that the latter fled out of the country after the issuance of the note, with the bank denied the news, saying that the governor is currently involved in an annual conference in Tokyo and will return to Baghdad. and was a member of the investigative about the work of the Central Bank of Haitham al-Jubouri said, in (14 October 2012), the issuance of arrest warrants and travel ban right Central Bank Governor Sinan al-Shabibi and officials at the bank, and is regarded as the survival of the conservative abroad will prove corruption charges. demanded the Finance Committee in the Iraqi Council of Representatives, on Monday (15 October 2012), indictees central bank governor providing evidence, while some expressed concern that the These accusations were “targeted politically” for the bank. Central Bank announced in January 2012, that the high exchange rate of the dollar against the Iraqi dinar in the Iraqi market, in addition to higher sales of hard currency back to finance trade neighboring countries by Iraqi traders, pointing to that sales of hard currency during the beginning of this year amounted to double what was sold during 2011. / end / 8. n. p /