Jubouri stresses the lack of clouds from the central reserves and financial legislation Court
Jubouri stresses the lack of clouds from the central reserves and financial legislation Court
15.02.2016 13:10
[Baghdad-where]
Parliament Speaker Salim al-Jubouri, stressed the need not to drag of foreign currency reserves in the Central Bank of Iraq and the importance of financial legislation Court to fight corruption law.
Jubouri said in his speech during the launch of the strategic plan of the Central Bank of Iraq for the years 2016-2020, “The time has come for the approval of the financial Court Act by sending it to the parliament to be able to exercise its work as one of the most important interfaces regulatory and punitive to any excesses that would override the law in the Financial Action Task Force and the reduction of all varieties of corruption. ”
he stressed” the need not to resort to withdrawals in the central bank’s hard currency financial reserves to cover the deficit in the balance of payments, “stressing that” Iraq has a lot of wealth and large capabilities, assets and assets that allows him to move the economy and stimulate in addition, the indebtedness is less than many of the surrounding countries activities. ”
Jubouri that” investment could contribute to the revitalization of transport, agriculture, industry, banking sectors and even education and health, and thus stimulate the public sector and be saved. ”
the President of the House of Representatives on the” real process of reform centered in identify real challenges and create visions and a roadmap and exceptional solutions, and work to create new opportunities to overcome them along with a way to find new people. ”
He added,” We are with every effort it is in favor of the nation and citizens, provided that it is in the context of the Constitution and the law, and within the framework of consult with the building blocks that are also keen on the interest of the country and supportive of reform and willing to find the right solution as soon as possible. ”
He noted,” we are experiencing circumstance requires more skill, wisdom and thinking, to remedy the problems that surround us, especially the first and foremost economic problem, which is the the most important part in our challenges and Mrahentna the solution at the same time. ”
the Jubouri” when we find an economic way out will not we fail then to find a political, security and humanitarian exits, “noting that” the core of the problem stems from the economic downturn, the first step of the solution begins with the economic solution, when we can economically we will be able to support the battle with weapons, money and Novi our commitments to volunteer to fight and their families. ”
he continued,” when we have money we will be able to solve the problem of displaced people and the reconstruction of devastated cities, and we will be able to run the unemployed and provide a decent living and housing citizens, and as a result money is the most important gate and the first political, social and humanitarian solution required “.
He stressed” We must promote the banking business in Iraq and takes active role in bridging the gap between the potential and challenges, capabilities and needs, and it was not until after the regimented within international standards and benefit from the experiences of countries that stood up Bagsadha through a banking professional. ”
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