11/18/2012
Baghdad (news) .. criticized Vice-Chairman of the Finance Committee MP /
coalition of Kurdish blocs / Ahmed Faizullah, monetary policy followed
with the Central Bank of the fact that work is confined only to sell
hard currency, noting that the bank leaving the other important things
in banks and investment support existing monetary reserves in the bank.
Said Faizullah (Agency news) on Sunday: There are important things related to the work of the Central Bank in and support the development and direction of Iraqi banks government and private work to be linked with the international banks.
He continued: In addition to invest part of the funds in cash reserve at the central bank in investment projects through which generate big money for the country, and not be limited to the central bank selling the dollar and buy it, because this process alone does not support the Iraqi dinar and the economy.
He added: should the new administration of the central bank to change the policy that was followed in the previous administration of the Bank through the expansion of the Central Bank's work in other activities to support the national economy and preserve the value of the Iraqi dinar. / End / 8. N. P /
Said Faizullah (Agency news) on Sunday: There are important things related to the work of the Central Bank in and support the development and direction of Iraqi banks government and private work to be linked with the international banks.
He continued: In addition to invest part of the funds in cash reserve at the central bank in investment projects through which generate big money for the country, and not be limited to the central bank selling the dollar and buy it, because this process alone does not support the Iraqi dinar and the economy.
He added: should the new administration of the central bank to change the policy that was followed in the previous administration of the Bank through the expansion of the Central Bank's work in other activities to support the national economy and preserve the value of the Iraqi dinar. / End / 8. N. P /