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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Allawi: the government's reform of the central bank and an end to its management proxy file

    Rocky
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    • Post n°1

    Allawi: the government's reform of the central bank and an end to its management proxy file Empty Allawi: the government's reform of the central bank and an end to its management proxy file

    Post by Rocky Mon 22 Aug 2016, 3:36 pm

    Allawi: the government's reform of the central bank and an end to its management proxy file




    2016-08-22

    Talib National coalition leader Iyad Allawi, on Monday, the reform of the Central Bank of Iraq of the disadvantages suffered by, in addition to terminate its management proxy file and assign office figures enjoying competence and experience.

    Allawi said, "The auction currency practice does not exist in the countries that adopt market economy because they lead to waste of money without supervision," noting that "the central bank's determination to continue the auction policy, currency and management of dollar in market prices lead to leakage of the country's financial balance across the mafias money that deplete the reserves of foreign currencies laundering. "

    He added that "the dollar in the domestic market prices of window management muggers and corrupt who make their living on the difference between the official exchange rate with the parallel markets considered," and urged the government to "reform of the Central Bank of Iraq of the disadvantages suffered by, ending its management proxy file."

    The statement continued that "the Economist reports on the need to reform the central bank refers to the mismanagement that in a critical economic and financial conditions," stressing "the need to assign the post of governor of the Bank to figures efficient, integrity and experience."

    The Central Bank, on Sunday, for sales of the currency auction last week, which amounted to about $ 13 million.


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