Calls to the Central Bank to put his problem with the government to parliament

Calls to the Central Bank to put his problem with the government to parliament

On: Sun 04/15/2012 20:51

Baghdad – Mostafa Hashemi economic expert called the central bank to solve his problem with the government to parliament out of the crisis, a legal solution satisfactory to both parties, after the information on the government’s attempt to impose its hegemony on it. While Deputy Prime Minister Saleh al-Mutlaq of the attempts to link the Central Bank of Iraq’s government and intervention for privacy and compromising its independence, warning that this action and intervention for privacy and his powers and fiscal policy will lead to the collapse of the Iraqi currency and… weaken the economy and will display the central bank money of the Holy is public money at risk. The economist said Helal Taan’s (Citizen) announced yesterday that the issue of deletion of zeros of the powers of the central bank and the government deems to stop the project at the moment given the circumstances experienced by the country’s political and economic spheres. He added, I see that stopping the project to delete the zeros of the government is a right, At least now, because of going through the region in addition to the Iraqi situation that Discourage to carry out such a move. He Taan is still the central bank is linked under the Financial Administration Act 95 of 2004 the text of Article 56 This law allows him to work fully independent and is associated with Bank of the House of Representatives of Iraq and thus to lead the bank informed the House of Representatives at least the monetary policy so as not to put themselves in the neck of the bottle and offer themselves up to criticism and accountability, and get rid of all the problems and thus will end all the problems with the government. stop the project, stressing that the deletion of zeros has nothing to do at the exchange rate of the dinar against the dollar but it is a positive indicator will get the right of the Iraqi dinar. In the same context Mutlaq pointed out that «the statement of the Iraqi government about its intention to deny the link to the Central Bank is contrary to its decision to postpone the second process of lifting the zeros of the Iraqi currency«.Indicating «He should leave the issue of lifting the zeros of the Iraqi currency to the Central Bank, consultation and coordination with the competent authority as her experience and constitutionally responsible for Alamlhalaracah«.

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