Mutlaq warned the government from interfering with project raise zeros from the dinar

Saturday, April 14, 2012 14:29

BAGHDAD / Baghdadiya News / .. Deputy Prime Minister Saleh al-Mutlaq, Saturday, from attempts to link the Central Bank of Iraq’s government and intervention for privacy, noting that this action and intervention for privacy and his powers and fiscal policy will lead to the collapse of the Iraqi currency and weakening economy and displays of public money at risk.

He said al-Mutlaq said in a statement issued by his office and received / Baghdadiya News / copy of it, “The Iraqi government has issued two positions contradictory,… the first in which it denied its intention to link the bank with, while the second position its decision to postpone the lifting of the zeroes,” pointing out that “the resolutions unlawful interference in the Bank’s work in the independent policy. “

He explained that “the Iraqi currency dropped their revenue recently to the lowest level after it was stable over the dollar for years,” noting that “the government should leave the issue of lifting the zeros of the Iraqi currency to the Central Bank, consultation and coordination with him being the competent authority Her experience and responsible constitutionally for currency Iraq. “

The Deputy Prime Minister of “reflection of government intervention to impose its control over central bank policy and a link in the undeclared”.

I consider al-Mutlaq, “Linking the Central Bank of Iraq’s government to hold serious would have a negative impact on monetary policy independent and will affect the strength of the Iraqi currency and hence its collapse and weakening economic situation of the country”, he stressed that “the second paragraph of Article 103 in the Iraqi constitution stipulates that the central bank accountable by the House of Representatives for his work and his policy, not to one another right to do so because it protects the public money of the country. “

Mutlaq said that “the central bank is responsible to manage approximately $ 100 billion of imports of the government, banks and cash reserves of the country,” / End / 21.