24/12/2012
Baghdad (news) ..
Called a member of the Economic Committee MP / coalition in Iraq /
Qusay Fri, to amend the current central bank law, as it is not in line
with the developments in the world, particularly in the financial
sector.
Juma said (of the Agency news): The Central Bank Law tainted by a lot of paragraphs that hinder the work of the Iraqi central banks, and needs to be edited because it does not help to support and develop the financial sector in the country.
He added: should be amended central bank law passed years (2004) formula helps banks on the performance of the banking and duty to contribute to the economic development, calling for the use of the laws and regulations of international banks to strengthen the role of money and banking sectors in the country.
A law the Central Bank of Iraq in March 6 / March 2004, and was one of the objectives to maintain price stability, and support the steady growth of the national economy. / End / 8. D. Q /
Juma said (of the Agency news): The Central Bank Law tainted by a lot of paragraphs that hinder the work of the Iraqi central banks, and needs to be edited because it does not help to support and develop the financial sector in the country.
He added: should be amended central bank law passed years (2004) formula helps banks on the performance of the banking and duty to contribute to the economic development, calling for the use of the laws and regulations of international banks to strengthen the role of money and banking sectors in the country.
A law the Central Bank of Iraq in March 6 / March 2004, and was one of the objectives to maintain price stability, and support the steady growth of the national economy. / End / 8. D. Q /