Finance Committee: should expand the work of the central bank and limit work only sell hard currency

Vice Chairman of the Finance Committee: should expand the work of the central bank and only limited work only sell hard currency

Date: 11/18/2012 10:38:21 Sunday

Baghdad (news) .. criticized Vice-Chairman of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Faizullah, monetary policy followed with the Central Bank of the fact that work is confined only to sell hard currency, noting that the bank leaving the other important things in banks and investment support existing monetary reserves in the bank.
said Faizullah (of the Agency news) on Sunday: There are important concerning the work of the Central Bank as support and develop and guide the Iraqi banks government and private work to connect them with the international banks. continued: In addition to invest part of the money in cash reserve at the central bank in investment projects generate through which big money of the country, and not only the central bank selling the dollar and buy because this process alone does not support the dinar and the Iraqi economy. added: should the new administration of the Central Bank said the policy change, which was followed with the previous administration of the Bank through the expansion work Central Bank in other activities to support the national economy and preserve the value of the Iraqi dinar. / end / 8. n. p /