Parliament lifts its punishment for the banks of the region and obligates the Central Bank to monitor them

Parliament lifts its punishment for the banks of the region and obligates the Central Bank to monitor them

2018/1/29 13:18

Parliament lifts its punishment for the banks of the region and obligates the Central Bank to monitor them{Baghdad: al-Furat News} voted the House of Representatives to lift his previous punishment for the banks of the Kurdistan region.
A parliamentary source told the {Euphrates News} a copy of it, “The House of Representatives voted on a decision on the need to avoid the need for previous actions on banking transactions with financial institutions in the Kurdistan region after achieving the target required on the subject of banks and that the Central Bank to submit monthly reports of the Commission On his powers and practices and a role in the preservation of public money. ”
The House of Representatives voted on 3 October last on a parliamentary decision on the suspension of all financial and banking transactions with the Kurdistan region that is to preserve the rights of Kurdish citizens and pressure on the leadership of the region, as well as that the Central Bank of Iraq is committed not to sell foreign currency to banks operating in The Kurdistan Region and the banks that have branches in the region and its customers in order to maintain the reserve of the Central Bank of foreign currency and prevent the leakage and that the Information and Communications Authority to collect all the financial dues incurred by the company Cork Telecom within ten days, L and communication off the frequency spectrum of this company until the payment of its obligations “.anthy

alliraqnews.com