Sunday, November 4, 2012

Ali Allawi competition enters the office of Governor of Central Bank

 04/11/2012

Ali Allawi competition enters the office of Governor of the Central Bank



BAGHDAD / JD / .. entered the academic, economic and visiting professor at Harvard University in the United States Ali Allawi competition take over as the province of the Central Bank replacing teeth Shabibi, who issued an arrest warrant.
The parliamentary Finance Committee revealed on the nomination of two characters one of whom would the position of Governor of the Central Bank of Iraq and two Ahmad ÇáČŃíĺí and Ali Allawi.
The member of the Committee deputy state law Haitham al-Jubouri's / JD /: "The names most frequently in parliament and candidate strongly to take over as central bank governor first" Ahmed ÇáČŃíĺí "a man known economist, and" Ali Allawi, "the former finance minister.
The shape of the Iraqi Council of Representatives of a joint committee of Finance and Economic Committees to choose a candidate who serves as Governor of the Central Bank of Iraq.
Noteworthy that this position is managed by the agency head BSA Abdul Basit Turki after recent actions, which affected the bank.
A member of the House of Representatives deputy state law Mohammed Ugaili / JD /: The Parliament form a joint committee of financial and economic membership MPs Haitham al-Jubouri and Magda al-Tamimi and a number of members of the two committees, to resolve the position of Governor of the Central Bank next week. "
Ugaili said, "This committee will choose a candidate who will vote on it later in the House of Representatives."
Noteworthy that the judiciary has issued an arrest warrant against Iraqi Central Bank Governor Sinan al-Shabibi Ali financial background suspicions.
Known as Ali Abdul-Amir Allawi as an academic and economic, political and currently serves as visiting professor at Harvard University in the United States.
Suddenly shifted from the academic field and work in the world economy to a depth of political action where he held positions of minister of defense, finance and trade in the Coalition Provisional Authority overseeing the Iraq between 2003 and 2006.
It is noted that Allawi was a statement of Iraqi Shiites book in 2002 calling for the overthrow of Saddam Hussein
He studied civil engineering at the Massachusetts Institute of Technology in 1968, then a Master of Business Administration from Harvard University, has also studied at the London School of Economics. He then taught at the University of Oxford.
Referred to as he became involved in the program the young talent in the World Bank., And in January 2007, in an article in the newspaper British Andپndnt, called for the dismantling of Iraq into a loose confederation. / End / 11 N /

Member of the economy: the decline in central bank sales of foreign currency will help stabilize the exchange rate of the dinar against the dollar

 04/11/2012

Baghdad (news) .. Ills member of the Committee on the economy and investment MP / National Alliance / Ibrahim Rikabi, reasons behind the decline central bank sales of dollar due to the dimensions of the front companies that were buying currencies and large quantities of bank auction, stressing that this decline will help stabilize the exchange rate of the dinar against the dollar.
Rikabi, (of the Agency news): The reason sales fell Central Bank for hard currency back to the committees formed by the House of Representatives, which revealed the existence of violations in the sale of hard currency auction the central bank through the deal with fake companies and (80%) are buying the dollar and in large quantities without having to import to the country.

He continued: This is what led to the depletion of foreign currency during the past period and the reason for increasing the exchange rate of the dinar against the dollar, noting after the disclosure of such operations companies retreated from its evil in the process of buying dollars from the auction.

He added: There is a big role for the two financial and economic Alniabaten for the detection of money laundering through Mtbaavatha field work's central bank, noting that the decline in the sale of hard currency is positive because it will help stabilize the dinar exchange rate and maintain the financial balance of hard currency for the country. / End / 8. n. p /