Wednesday, October 3, 2012

MP Faizullah: central bank policy "wrong" made of hard currency for grabs for money gangs

03/10/2012
 
 Baghdad (news) .. Criticized Vice-Chairman of the Finance Committee MP / coalition of Kurdish blocs / Amd Faizullah, the central bank's policy on selling the dollar through open multiple ports and granting many licenses for banking offices, facilitated the process of currency smuggling and money laundering.
Said Faizullah (of the Agency news) on Wednesday: that monetary policy currently followed by the Central Bank marred a lot of mistakes, especially when allowed to open multiple ports to sell the dollar and other currencies, whether in banks or banking offices in addition to auction Central, which led to the difficulty of controlling on the sale and purchase of the dollar.


He added: that the central bank to change its current policy demands to serve the local currency, because to continue would hurt the national economy by facilitating the smuggling of hard currency and money laundering by the "Gangs of money". / End / 8. D. Q /