Tuesday, April 17, 2012

MP Najib: an independent central bank can not be anyone to interfere in his work

Tuesday 17/4/2012

Baghdad (news) .. Member of Finance Committee rejected the MP / Kurdish coalition blocs / Najiba Najib the Prime Minister's intervention the central bank being the work of an independent body and can not be linked to a particular third party.
The answer (of the Agency news) said on Tuesday: that the Central Bank is an independent body financially and administratively and can not be any hand that dares interfere with its affairs because his work is the foundation is to keep the public money and the organization of work of financial and economic situation in the country, noting that the current monetary policy in the country successful and can not be anyone to question the integrity and the work of the central bank, he is working hard to support the Iraqi dinar.
She added that the decision to wait by the Council of Ministers for the project to delete the three zeroes from the currency was the structure of interfering with the central bank, we reject it but if the purpose of avoiding the Iraqi economy, problems may occur when the application of this law Fsnreh it, but in return we are not with the process of deleting zeros and currency exchange at the moment the fact that economic and political situation in the country is stable and needs to be enough time to study, in addition to broadcast programs to educate citizens before its implementation.
For his part, MP Yasiri (of the Agency news) said on Tuesday: the need for intervention of the federal government in the monetary policy of the Central Bank and coordination among themselves to regulate the financial work in the country, calling to take advantage of government guidelines in the development of future plans and employment of its monetary policy as it is an executive and must be in coordination with all matters of state, and calls that do not support it wrong.
He pointed to: that the decision to wait and postpone the project to delete the three zeroes from the Iraqi currency, which came from the Council of Ministers, is necessary at this time as a new topic can not know the results to be achieved when implemented, so the time is still the time is ideal for entry experience delete zeros from the currency being the process need to be accurate and extensive study, in addition to a new economic crisis in the country a high value of the dollar, and economic problems may occur more when the application of this project. / Finished / 8. d. Q /

Link

No comments: