Different source .. link ..CBI ~ Iraq Parliamentary Economic Committee: There is a break between the Central Bank and the Commission 29/02/2012
Deputy: There is a break between the Central Bank and the Economic Commission
Baghdad, Said the Economic Commission representative that it does not know a lot of information for the work of the central bank, and she did not know anything about it only through various media, confirming the existence of a real intention to question the governor of the Central Bank.
A member of the Economic Committee MP Hussein Almrobei that the Commission seeks to interrogate Central Bank Governor, in the absence of any official letters, on the overall work of the bank, noting that the Economic Commission «listen»
and receive information on the work of the Central Bank of the various media of the latest news of rise of the dollar against the Iraqi dinar and the negative impact on the political situation and accused some neighboring countries as well as a news indicating the existence of counterfeit currency, stressing that the central bank did not know the Economic Commission parliamentary anything important and vital fact that there is a complete break between the Commission and the Central Bank.
And Almrobei that the Central Bank Law No. 54 of 2004, when many of the paragraphs violation to the Constitution, so it must be subject to the Constitution so that the laws are not opposed to paragraphs. added Almrobei that among the paragraphs of the laws of the Central Bank mentioned is that the Bank is not responsible of any party while the stresses of Article 103 Second, the central bank official of the House of Representatives.
noteworthy that Iraq declared earlier to postpone the program for restructuring the financial system of Iraq until the year 2013, which included the restructuring of the largest banks Iraqi owned by the state and are the Rafidain and Rasheed, and restructuring of the Audit Department at the Central Bank and the development of the private banking sector.
The Central Bank of Iraq, said in November of the year 2010, that foreign banks operating in Iraq do not work independently, but under the umbrella of the local community banks, indicating that the investments of the regional countries in Iraq with a commercial character and lacking in international standards.
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