Cabinet denies the request of the Government to link the Central Bank by

Thursday April 12, 2012

denied the Iraqi Council of Ministers, on Thursday, that there is a demand from the government by linking the central bank.

The Secretary-General of the Council of Ministers on the Keywords in a statement issued today, and received, and public opinion news agency copy of “The Iraqi government did not ask the Council to link the central bank, or even trying to undermine its independence.”

The head of the Iraqi Council of Representatives Osama Najafi said, …on April 10 now, should not be dependent central bank for the government to prevent the seizure of Iraq’s money or the implementation of international provisions issued against Iraq by the creditors, while pointing out that the Council will host a Bank Governor Sinan Cbyiba in session listen to illustrate the issue of the exchange rate of the dollar against the Iraqi dinar, Shabibi attributed the reasons for the high exchange rate of the dollar against the dinar to the weakness of domestic production and the weakness of the government’s actions.

The Finance Committee, the parliamentary criticized, yesterday, (8 this April), the General Secretariat of the Council of Ministers and its attempts to dominate the monetary policy of the Central Bank of Iraq and curbing the powers of the province, noting that this was a violation of the constitution and a danger to the Iraqi economy.