Tuesday, April 17, 2012

Deputy for Iraq: Government takeover at the Central Bank of devastating and extremely dangerous

Tuesday 04/17/2012

Baghdad (news) .. Warned Rep. / coalition in Iraq / Khaled al-Alwani, to subject the central bank to supervise the government, calling Balmadmr and extremely dangerous, explaining that an independent body under the supervision of the House of Representatives and protect the currency.
Alwani said in a statement received by the Agency (news) a copy of it on Tuesday: The linking of such important body related to the policy of the country would limit the Executive Steering orientation independent to address issues in a flexible and detailed for the problems experienced by the Iraqi economy.
He added that the government is working to create a new crisis in order to be able to connect the central bank directly, explaining that the Central Bank Law of 2004 states Article II that does not interfere with any party to it, especially government parties, and Article 103 of the Iraqi Constitution states that comes, ((is all of the Iraqi Central Bank, the Office of Financial Control, and Communications and Media Commission, and the endowment offices, bodies, financially and administratively independent, and the law shall regulate the work of each of them, and the Iraqi central bank is responsible to the House of Representatives. / Finished / d. Q /

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