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Keywords: Federal Court decision to revoke clauses in the budget supports the independence of the Central Bank
Since 07.07.2015
BAGHDAD
Saw the Governor of the Central Bank and the Agency on the Keywords, Tuesday, that the Federal Supreme Court's decision to accept the appeal submitted by the government on some of the paragraphs of the budget law that came accordance with the Constitution and the law of the central bank.
According Keywords in a statement received / scales News / copy of "The court's decision is of great significance because of its impact in promoting and supporting the independence of the Central Bank and its dimensions to influence policies and decisions, this independence is not a matter of form but is a prerequisite to enable the central bank to achieve its tasks especially in monetary policy by the diversity of nature on the tools and flexibility orientations. "
"The general budget law governing fiscal policy in spending and annual revenues, something they have to be specific to the items contained in it by virtue of the nature of the resource and expenditure management, either monetary policy are entirely different from fiscal policy, where the nature of movement, flexibility, dealing with changes in the situation economic and market conditions and did not get in the states that follow the market system to have a specific budget and directed and constrained by the policy of the central bank law, or even in the other because the central bank loses its role and took away his tools used to create balance and access to the investigation. "
The Federal Supreme Court has decided to rule unconstitutional a number of materials for the federal budget in 2015, stressing that the legislation was contrary to the contexts provided for in the Constitution. It ended 29/4 e
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Since 07.07.2015
BAGHDAD
Saw the Governor of the Central Bank and the Agency on the Keywords, Tuesday, that the Federal Supreme Court's decision to accept the appeal submitted by the government on some of the paragraphs of the budget law that came accordance with the Constitution and the law of the central bank.
According Keywords in a statement received / scales News / copy of "The court's decision is of great significance because of its impact in promoting and supporting the independence of the Central Bank and its dimensions to influence policies and decisions, this independence is not a matter of form but is a prerequisite to enable the central bank to achieve its tasks especially in monetary policy by the diversity of nature on the tools and flexibility orientations. "
"The general budget law governing fiscal policy in spending and annual revenues, something they have to be specific to the items contained in it by virtue of the nature of the resource and expenditure management, either monetary policy are entirely different from fiscal policy, where the nature of movement, flexibility, dealing with changes in the situation economic and market conditions and did not get in the states that follow the market system to have a specific budget and directed and constrained by the policy of the central bank law, or even in the other because the central bank loses its role and took away his tools used to create balance and access to the investigation. "
The Federal Supreme Court has decided to rule unconstitutional a number of materials for the federal budget in 2015, stressing that the legislation was contrary to the contexts provided for in the Constitution. It ended 29/4 e
[You must be registered and logged in to see this link.]
