Central bank policy is not encouraging .. And money laundering operations are still ongoing
Deputy: central bank policy is not encouraging .. And money laundering operations are still ongoing
Date: 05/03/2013 13:43:51 Tuesday
Baghdad (news) .. Said a member of the Economic Committee MP / National Alliance / Abdulabas Shia’a, that the current monetary policy pursued by the central bank is encouraging for the economy, stressing that the money laundering operations are still going on in the country.
Said Xiaa (Agency news): The current monetary policy pursued with the Central Bank of question marks by economists and specialists in terms of the actions taken in the process of selling hard currency and foreign money transfers.
He added: that these measures, although it’s more complicated than marginal measures of the previous administration of the Central Bank, but it would be inadequate, and there are still bills shift from which money for non-existent goods do not enter into Iraq.
He explained: that the central bank penalizes banks that practiced money laundering under the previous administration and asked them to refund any Think Back dollar against the dinar price official exchange, making there is a growing demand in the market, and this is a great imbalance in the monetary policy. / Finished / 8 . n. p /