Central Bank and the role required

Central Bank and the role required


18/04/2013 12:00 AM

Yasser incumbent
I completely agree with the statement central to what shown by specialists and stakeholders banking is of great significance in the correct path of the procedures and mechanisms that govern the relationship between the central banks as the sector, which oversees the relay performance of the banks according to the law and the Constitution, and thus a person's central flaw for as long as we talked about and relating to statements media by non-knowledgeable in economic affairs which often confuse the market and pushing fluctuating exchange rate and the situation of the impact on the economic reality, but we hear from some departments of banks to contact our work in economic them than they are receiving instructions without discussion and clarification of the challenges facing the implementation of this case goes from non-specialists to talk out of tune lead to continued volatility فتضيع efforts without results are required to solve these problems, and thus justify not involved in the jurisdiction statements that offend the required reforms.

We see from the foregoing that there is sensitivity superfluous between this center as well as the loss of confidence in them and that banks confusing, and in such a case maters lead towards the worst and the results will be reversed Maiard it to be in the direction of achieving correct mistakes the previous phase, then that is wrong and Ward where there is work continuous and (Gel for ايخطئ), but it is unreasonable error correction mistake last, as well as the work in building the economy can not be him that achieved amid a loss of confidence and prejudge the failure of banks in response to the instructions and regulations Guidelines adopted by the Central Bank Keen to maintain the people's money and money year.

And if we have a good deal and one team work spirit, the results will be fine and goals are achieved here, how can we work this spirit? The answer is simply that the central bank established to build his instructions and conditions based on the reading depth of the market and events, but these instructions while meant to take the role of implementation must know the ability of banks to their implementation and challenges faced when implementing so wrong to be instructed central isolation hear the point of view banks because it is the owner of implementation on the ground, and have the ability to diagnose the challenges that can be overcome to trade publicly and in a spirit of team work one as I mentioned and when that will be to the instructions and procedures power experts and impact in achieving the correct course of action and activating the role of banks in the development which is the ultimate goal which examines the central bank on how achievable ..

Therefore calls for economic morning and proposes the establishment of the frankness and openness between the central bank and the banks as a family without allowing the participation of any party (special conference) arise where all the problems and challenges and ways to overcome them and aim to restore confidence between the parties and bridge the gap between them in order to instruct contribute to the stability of the currency market and blocking the road remarks in front of non-specialists.

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