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Parliamentary Integrity calls for the central bank to control the trade
2015/10/07
Baghdad
Called for the Parliamentary Integrity Committee, on Wednesday, the Central Bank to mobilize energies "creative" for the advancement of the Iraqi economy and control of the trade in order to serve the higher interests of the country, and asked him to provide the necessary for the recovery of the national economy plans in the light of the current financial crisis.
This came during a host committee, today, Governor of the Central Bank, on the Keywords, and a group of the pillars of the bank, including Director General of the Office to report on money laundering, Naim Tohme, and assistant general manager for banking control, Salman chopsticks, in the presence of Chairman of the Committee, Talal Khudair Zubai, and the number of of its members, according to a statement received (long-Presse) a copy of it.
The committee said in its statement, "The meeting included discussion of financial policy of the Central Bank, and the obligations incumbent on Iraq as a member of the International Monetary Fund, as well as discuss the fight against the foreign currency smuggling ways to circumvent the law mechanism", noting that "those present discussed the procedures to be taken to deter violation of private banks regulated by the Central Bank, and the reasons for the reluctance of banks to pay the dues of Baadaat its customers. "
She said to the Parliamentary Integrity Committee, that "the meeting also discussed the issue of letters of bank guarantee, compared to the central bank policy of selling the currency with the neighboring countries of operations," indicating that "the Chairman of the Committee, Talal Zobaie, stressed the need to mobilize the creative energies and make possible efforts for the advancement of the economy Iraqi control of the trade process to serve the higher interests of the country, and provide all the necessary plans to revive the economy in the current financial crisis experienced by Iraq. "
It is noteworthy that a lot of actors and experts are critical of the Iraqi Central Bank policy, and they consider the reasons for the continuation of the "bleeding" of foreign currency.
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2015/10/07
Baghdad
Called for the Parliamentary Integrity Committee, on Wednesday, the Central Bank to mobilize energies "creative" for the advancement of the Iraqi economy and control of the trade in order to serve the higher interests of the country, and asked him to provide the necessary for the recovery of the national economy plans in the light of the current financial crisis.
This came during a host committee, today, Governor of the Central Bank, on the Keywords, and a group of the pillars of the bank, including Director General of the Office to report on money laundering, Naim Tohme, and assistant general manager for banking control, Salman chopsticks, in the presence of Chairman of the Committee, Talal Khudair Zubai, and the number of of its members, according to a statement received (long-Presse) a copy of it.
The committee said in its statement, "The meeting included discussion of financial policy of the Central Bank, and the obligations incumbent on Iraq as a member of the International Monetary Fund, as well as discuss the fight against the foreign currency smuggling ways to circumvent the law mechanism", noting that "those present discussed the procedures to be taken to deter violation of private banks regulated by the Central Bank, and the reasons for the reluctance of banks to pay the dues of Baadaat its customers. "
She said to the Parliamentary Integrity Committee, that "the meeting also discussed the issue of letters of bank guarantee, compared to the central bank policy of selling the currency with the neighboring countries of operations," indicating that "the Chairman of the Committee, Talal Zobaie, stressed the need to mobilize the creative energies and make possible efforts for the advancement of the economy Iraqi control of the trade process to serve the higher interests of the country, and provide all the necessary plans to revive the economy in the current financial crisis experienced by Iraq. "
It is noteworthy that a lot of actors and experts are critical of the Iraqi Central Bank policy, and they consider the reasons for the continuation of the "bleeding" of foreign currency.
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