Deputy: the central bank does not need a new law, but for administrative guidance to support policy

Deputy: the central bank does not need a new law, but for administrative guidance to support policy

23-03-2013 11:12 AM

Baghdad (news) .. A member of the Economic Committee MP / coalition in Iraq / Qusay Fri, Central Bank Act current b ‘sober’ and supportive of monetary policy in the country, being a theme by economists have long engaged in the field of fiscal and monetary. Juma said ( Agency news): The central bank does not need new legislation, but needs guidance and regulations to support its monetary policy, because its law current is one of the best economic laws in the country. added: that the crisis the central bank last affected negatively on the work of monetary policy making There imbalances in the sale of hard currency and how to balance quantities demand and supply of currencies in the market. has called some economists and House of Representatives to amend the law on the central bank for the year (2004) formula in line with global developments taking place in the field banks, to support monetary policy in the country. / Finished / 8 . n. p /

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