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Banking Association: The Central Bank is the entity responsible for private banks accounting
29/4/2015
~ Baghdad
private banks association confirmed that a defamation and targeting economic and banking figures method will not only lead to the weakening of their role in the advancement of the Iraqi economy. "He said in a statement in response to the MP Talal Zobaie statement that" the current stage requires everyone to cooperate in the conduct of the wheel the economy in the country, and that there was no observations on the banking sector, the Central Bank of Iraq is the party that it must meet that it represents a regulatory authority over private banks, and that there was the intention of eliminating the legal action is on the ".orot" that overlap in These procedures and provide views are not based on a clear vision, will not serve the efforts economic Ttoiralqtaa and the head of the banking sector, which is the financial arm of him ". She said Association that the Iraqi private banks, which operate under the regulatory authority of the Central Bank, is a true partner in efforts related to preserve the Iraqi dinar exchange rate, which is a great national mission launched by banks out of concern for Iraq stature and economic stability, "pointing out that the Association reserves the right to respond in accordance with the law and the principle of show opinion and the other opinion and according to media contexts accepted Alleha.ooodan that" private banks in Iraq has suffered as do all sectors in Iraq for decades to economic marginalization policies which led to the erosion of its role which requires greater efforts for the advancement of the banking sector in light of legislative, economic and security conditions difficult enhance the chances of advancement of such efforts, which have become a national task that must be addressed by everyone including members of the House of Representatives through the exercise of responsibility by introducing topics serve the public interest. "The MP Talal Zobaie said in a press statement earlier that billions of dollars out of Iraq without the entry of any goods imported instead, saying that Iraqi banks are responsible for these out Alambalg.kma some banks accused of money laundering and process Thribea.kma Chairman of the Finance Committee in the House of Representatives Ahmad Chalabi stressed that "the central bank sold the currency through the auction for the period between 2006- 2014 amounted to 312 billion and 750 million and 598 thousand dollars, equivalent to 57% of Total oil imports of $ 551 billion, 749 million and 957 thousand and $ 142. "He said," The total import of the government from 2006 to 2014 from abroad reached $ 115 billion only, so we find that the total foreign currency sold to the private sector, most of which is destined to imports of the private sector amounted to three times the government import, "explaining that" this thing is not true import of the government includes fuel and imports Ministries of Defense and Interior and other. "And Chalabi" that the sale by the Central Bank caused a state of corruption and corruption reflected the overall situation in the country, "pointing out that" The Constitution did not specify what the bank sells the currency, but said in the text of the article that he is charged using other tools to protect the national currency ". It is his part, economist lion Mohammed Ali, said the Central Bank of Iraq for the last measures to expand outlets sell the dollar would be useless, if left without censorship. He said Muhammad Ali in a press statement: "The launch of large amounts of dollar without control by the committees of the Central Bank, will contribute to the smuggling of currency and re-money laundering, what constitutes support for terrorist operations as it was before," expected that these measures re exchange rates dollar to previous levels, if released in sufficient quantities and sold fairly ".ohdd Muhammad Ali, the need to be carried out censorship order are not taken to sell the dollar to groups and not others with or without the official exchange rate of the Bank of this Almnavz.okan central bank rates had decided last Thursday to double share of banking companies of the dollar, and allow banks Rafidain and Rasheed and Iraqi Trade to sell the dollar for companies and small importers as a measure to reduce the price of the dollar in the Iraqi market after it witnessed a significant and surprising rise.
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29/4/2015
~ Baghdad
private banks association confirmed that a defamation and targeting economic and banking figures method will not only lead to the weakening of their role in the advancement of the Iraqi economy. "He said in a statement in response to the MP Talal Zobaie statement that" the current stage requires everyone to cooperate in the conduct of the wheel the economy in the country, and that there was no observations on the banking sector, the Central Bank of Iraq is the party that it must meet that it represents a regulatory authority over private banks, and that there was the intention of eliminating the legal action is on the ".orot" that overlap in These procedures and provide views are not based on a clear vision, will not serve the efforts economic Ttoiralqtaa and the head of the banking sector, which is the financial arm of him ". She said Association that the Iraqi private banks, which operate under the regulatory authority of the Central Bank, is a true partner in efforts related to preserve the Iraqi dinar exchange rate, which is a great national mission launched by banks out of concern for Iraq stature and economic stability, "pointing out that the Association reserves the right to respond in accordance with the law and the principle of show opinion and the other opinion and according to media contexts accepted Alleha.ooodan that" private banks in Iraq has suffered as do all sectors in Iraq for decades to economic marginalization policies which led to the erosion of its role which requires greater efforts for the advancement of the banking sector in light of legislative, economic and security conditions difficult enhance the chances of advancement of such efforts, which have become a national task that must be addressed by everyone including members of the House of Representatives through the exercise of responsibility by introducing topics serve the public interest. "The MP Talal Zobaie said in a press statement earlier that billions of dollars out of Iraq without the entry of any goods imported instead, saying that Iraqi banks are responsible for these out Alambalg.kma some banks accused of money laundering and process Thribea.kma Chairman of the Finance Committee in the House of Representatives Ahmad Chalabi stressed that "the central bank sold the currency through the auction for the period between 2006- 2014 amounted to 312 billion and 750 million and 598 thousand dollars, equivalent to 57% of Total oil imports of $ 551 billion, 749 million and 957 thousand and $ 142. "He said," The total import of the government from 2006 to 2014 from abroad reached $ 115 billion only, so we find that the total foreign currency sold to the private sector, most of which is destined to imports of the private sector amounted to three times the government import, "explaining that" this thing is not true import of the government includes fuel and imports Ministries of Defense and Interior and other. "And Chalabi" that the sale by the Central Bank caused a state of corruption and corruption reflected the overall situation in the country, "pointing out that" The Constitution did not specify what the bank sells the currency, but said in the text of the article that he is charged using other tools to protect the national currency ". It is his part, economist lion Mohammed Ali, said the Central Bank of Iraq for the last measures to expand outlets sell the dollar would be useless, if left without censorship. He said Muhammad Ali in a press statement: "The launch of large amounts of dollar without control by the committees of the Central Bank, will contribute to the smuggling of currency and re-money laundering, what constitutes support for terrorist operations as it was before," expected that these measures re exchange rates dollar to previous levels, if released in sufficient quantities and sold fairly ".ohdd Muhammad Ali, the need to be carried out censorship order are not taken to sell the dollar to groups and not others with or without the official exchange rate of the Bank of this Almnavz.okan central bank rates had decided last Thursday to double share of banking companies of the dollar, and allow banks Rafidain and Rasheed and Iraqi Trade to sell the dollar for companies and small importers as a measure to reduce the price of the dollar in the Iraqi market after it witnessed a significant and surprising rise.
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