Masoum endorses the second amendment law of the Central Bank of Iraq and irrigation law
Masoum endorses the second amendment law of the Central Bank of Iraq and irrigation law
2017/12/21 8:44
[Ayna-Baghdad]
The Information Office of the Presidency of the Republic, on Thursday, the President of the Republic Fouad Masoum Sadiq on Wednesday, the law of the second amendment to the law of the Central Bank of Iraq and the law of irrigation.
The presidential office said in a statement received by the agency of all Iraq [where] a copy of it that the law of the second amendment to the law of the Central Bank of Iraq, “voted by the House of Representatives earlier, based on the provisions of item [I] of Article [61] and item [III] Article (73) of the Constitution, established for the purpose of increasing the capital of the Central Bank of Iraq and to keep abreast of global economic development and grant powers to the bank and increase the number of members of the Board of Directors of the bank from outside the bank and the formation of the Audit Committee and the issuance of commemorative coins and the imposition of interest on loans granted by the Bank to commercial banks and preserve its funds Of the reservations made by decision Judicial “.
The Office of the Information of the Presidency of the Republic also declared that Masoud also ratified the Irrigation Law No. 83 of 2017.
The Presidential Office explained that “this law, which was voted by the House of Representatives earlier, on the basis of the provisions of item [I] of Article [61] and [ ] Of Article 73 of the Constitution, established for the purpose of preserving the works of water resources and preventing damage to them and to prevent overflow of water quotas and the non-harmonization of the fine imposed on the offenders stipulated in the Irrigation Law No. 6 of 1962 with the value of the Iraqi dinar at present and for the purpose Revolving the dissolved Revolutionary Command Council Resolution No. 587 of 1981 This law has been enacted. ”
The statement pointed out that these two laws were sent for publication in the Official Gazette.
alliraqnews.com
