Home
Maliki: Denunciation of the court for a number of budget materials will contribute to the support of the local currency against the dollar
July 8, 2015 14:24
(Independent) .. A member of the economic and investment commission in Parliament MP Abdul Salam al-Maliki, Wednesday, that the revocation of the Federal Court for a number of the general budget items added by the House of Representatives especially those related to determining roof sell the currency from the central bank is the right step and will contribute to the local currency support versus dollar.
Maliki said in a press statement by his press office, said that "the discretion of the parliamentary finance committee to add some material on the budget was a step which, according to certain estimates to stop the depletion of hard currency and to stop money laundering but were not successful step was deterring than positive."
"The central bank needs to provide liquidity of local currency the Ministry of Finance to provide employees and retirees' salaries in addition to the existence of a deliberate policy to keep the market price, so any measures or jurisprudence for whatever reasons in the conduct of the central bank measures if they are not studied in an objective of all respects from the concerned authorities Vsaneks negatively on the economic and financial reality in the country which is what happened in the high dollar exchange rate to more than 140 000 dinars earlier. "
Maliki said that "those materials that have been revoked by the court there were opposing them on the day of the vote on the budget, but what happened that the majority overshadowed the logical opinion was passed, therefore, the step of the Federal Court to overturn those materials are constitutional, valid and will contribute to support the currency against the dollar."
[You must be registered and logged in to see this link.]
July 8, 2015 14:24
(Independent) .. A member of the economic and investment commission in Parliament MP Abdul Salam al-Maliki, Wednesday, that the revocation of the Federal Court for a number of the general budget items added by the House of Representatives especially those related to determining roof sell the currency from the central bank is the right step and will contribute to the local currency support versus dollar.
Maliki said in a press statement by his press office, said that "the discretion of the parliamentary finance committee to add some material on the budget was a step which, according to certain estimates to stop the depletion of hard currency and to stop money laundering but were not successful step was deterring than positive."
"The central bank needs to provide liquidity of local currency the Ministry of Finance to provide employees and retirees' salaries in addition to the existence of a deliberate policy to keep the market price, so any measures or jurisprudence for whatever reasons in the conduct of the central bank measures if they are not studied in an objective of all respects from the concerned authorities Vsaneks negatively on the economic and financial reality in the country which is what happened in the high dollar exchange rate to more than 140 000 dinars earlier. "
Maliki said that "those materials that have been revoked by the court there were opposing them on the day of the vote on the budget, but what happened that the majority overshadowed the logical opinion was passed, therefore, the step of the Federal Court to overturn those materials are constitutional, valid and will contribute to support the currency against the dollar."
[You must be registered and logged in to see this link.]
