Sadrists: central bank policy to limit the financial remittance companies limited monopoly
Editor: AA | SS
Sunday, 04 March 2012 10:06 GMT
MP from the Sadrist governor Zamili
Sumerian News / Baghdad
Considered the Sadrist movement, Sunday, policy The central bank to limit the financial remittance companies limited monopoly, calling on him to open up to a free economy, and not only transfers to a limited number of companies or persons.
The MP said the current governor Zamili in an interview for "Alsumaria News", "Central Bank of Iraq to deal with private companies and limited on remittances," adding that policy "is proprietary, and are limited to people with physical relationships and personal and partisan."
Zamili added that "this is incompatible with the policy of the global financial market," calling the bank to "open up to a free economy and not only the money orders on a limited number of companies or persons."
The Central Bank of Iraq has decided, in the earlier, limited entry of domestic funds and foreign remittances to some well-known banking companies in the country, as a precautionary measure to curb the circulation of counterfeit currency in the commercial market in Iraq.
The Central Bank of Iraq under the law issued on the sixth of March of 2004, an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and management of foreign reserves and the issuance of currency management, as well as to regulate the banking sector to promote the system financial competitive and independent.
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Editor: AA | SS
Sunday, 04 March 2012 10:06 GMT
MP from the Sadrist governor Zamili
Sumerian News / Baghdad
Considered the Sadrist movement, Sunday, policy The central bank to limit the financial remittance companies limited monopoly, calling on him to open up to a free economy, and not only transfers to a limited number of companies or persons.
The MP said the current governor Zamili in an interview for "Alsumaria News", "Central Bank of Iraq to deal with private companies and limited on remittances," adding that policy "is proprietary, and are limited to people with physical relationships and personal and partisan."
Zamili added that "this is incompatible with the policy of the global financial market," calling the bank to "open up to a free economy and not only the money orders on a limited number of companies or persons."
The Central Bank of Iraq has decided, in the earlier, limited entry of domestic funds and foreign remittances to some well-known banking companies in the country, as a precautionary measure to curb the circulation of counterfeit currency in the commercial market in Iraq.
The Central Bank of Iraq under the law issued on the sixth of March of 2004, an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and management of foreign reserves and the issuance of currency management, as well as to regulate the banking sector to promote the system financial competitive and independent.
[You must be registered and logged in to see this link.]