Representatives are demanding the end of the appointment of the Central Bank Governor for these reasons
Representatives are demanding the end of the appointment of the Central Bank Governor for these reasons
2023-09-22
Representatives renewed their demand on Prime Minister Muhammad Shiaa Al-Sudani to take measures to end the assignment of the Governor of the Central Bank of Iraq, Ali Al-Alaq, for a number of reasons.
The representative of Najaf Governorate, Al-Ashraf Hadi Al-Salami, said in a joint press conference with Representative Ahmed Al-Sharmani, Thursday, “We have demanded the end of the assignment of the governor of the Central Bank, and we previously addressed a letter to the Prime Minister on 7/26/2023, which included the end of the assignment of the governor.” The Central Bank and the implementation of the provisions of Article 13 of Central Law No. 56 of 2004, and it was based on the text of Article 61 of the Constitution, House of Representatives Law No. 13 of 2018 in Article 15 Fourth, and based on what was stated in the Iraqi Constitution in Article 49, and based on Article Fifth of the Constitution Which stipulates the appointment of ambassadors and those holding special grades upon a proposal from the Council of Ministers and based on the provisions of Article 44 Second of the House of Representatives Law of 2018, which stipulates that those concerned shall exercise their agency duties for a period not exceeding six months from the date of appointment, and the party concerned in the proposal must recommend the appointment to the Council within three months. “.
He added, “We asked the Prime Minister to take measures to end the assignment of the current Central Bank Governor, given the mismanagement of the currently assigned governor and his inability to control the rise in the dollar exchange rate in the parallel market, as well as the failure to take legal measures against the banks that were subject to US sanctions for dollar smuggling and money laundering.” In addition to his abstention from the daily sales bulletin.
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