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Font Size:11/20/2012 (23:00 pm) - The number of readings: 24 - number (2655)
Problem of the central bank affect the foreign investment
BAGHDAD / agencies
Confirmed a member of the parliamentary Finance Committee Najiba Najib that the recent problems in the Central Bank will have an impact on foreign investment in the country.
Said Najib told "where" that "the central bank institution of an international character, because it is responsible for the monetary policy of the State and monitor and follow-up by the financial institutions in the world, and that the recent escalation against the central bank will have an impact on foreign investment in Iraq, especially since the the security and political situations do not encourage investment in the country, and added to them the recent escalation. "
She added that "the success of the new administration of the bank in the monetary policy of the country and the ability to manage the currency market and raise the value of the Iraqi dinar against the dollar and not to enter the counterfeit currency market depends on the future policy of the bank," adding that "the old administration of the bank was efficient, and was supposed to be dealt with corruption declared otherwise does not affect the reputation, because it is an institution with an international character. "
For his part, Prime Minister Nuri al-Maliki in a press statement, said that "heads big fall issue of the Central Bank, and the Bank governor had been refusing to let us know anything, one of the places monetary policy and sells dollars and stir the market and the dinar, while the government does not have any income basis" .
He pointed out that his intervention in the case came after the central bank reduced the value of the dinar against the dollar, adding that "the opponents of the House of Representatives, politicians and imams Friday in the country do not know the facts issue of the Central Bank," he said.
He accused the cleric Moqtada al-Sadr government interference in the work of the Central Bank of unlawfully, threatening the collapse of the country's economy.
He said al-Sadr, according to a press statement received "long" copy that "the country's economy is threatened and on the brink of collapse, especially after the intervention of prime minister job CBI unjustly or guidance or book Munir," calling the parliament to "work to save the economy of Iraq."
The cabinet decided earlier mandated Chairman of the Board of Supreme Audit Abdul Basit Turki for the management of the Central Bank, succeeding former Governor Sinan al-Shabibi.
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