Fears of the repercussions on the future of Iraq because of the dominance of economic Maliki on inde

Fears of the repercussions on the future of Iraq because of the dominance of economic Maliki on independent institutions




21-05-2014 12:51 PM

Free -



In the midst of preoccupation with the Iraqi people, the Iraqi elections and their results and the return of the faces themselves to the forefront of political and implications for the future of Iraq's economic did not notice him all the Iraqi people, particularly monitored to perform the central bank as a financial institution and the tent big that protect the economy, Iraq is facing great risks damaging toll this economy support the banks as a result of a particular window with links to parties in the state, regardless of the interests of Iraq and its economy.

Vmassh Central Bank and because of dependence on the government and lack of independence after the exemption Prime Minister Nuri al-Maliki's former central bank governor Sinan al-Shabibi from his post despite his professionalism and his international experience in the world of finance and economy and its success in maintaining the stability of the Iraqi dinar through its support for banks large and medium cross awarded a share of the auction of hard currency by the time the bank has decided to sell these banks to the newly created to support and encourage them to raise its capital .. Despite all this did not Itq Maliki and the presence of an expert capable of achievement at the top of this financial institution is important in its impact on the situation of the Iraqi economy.

It has succeeded policies approved by Shabibi in the rebirth of the Iraqi economy, but has not received acceptable government where confronted by al-Maliki because they have not in favor of his party and finance close to him he went off to get rid of Al-Shabibi and his leadership of the central bank and appointed in his place economically unsuccessful named Abdel Basset Turki, who demolished all What was built by his predecessor and claimed Anacf private banks and opened the door of the currency auction is wide without controls in order to benefit from this financial mess banks with links to the party, which is funding political parties, especially those associated with the government, which contributed to the fiscal policies are new and not well thought out in the deterioration of the Iraqi dinar exchange rate and the increase in inflation in market.

Confirms economists and experts on the Iraqi state to continue the adoption of these policies the same financial adopted by the central bank after the inauguration of Abdel Basset Turki served as governor of the Bank would hurt a lot the country's economy, especially after the availability of documented information and documents confirm that the administration of the central bank and through staff influential where they started Ihabon banks specific and gave them banking facilities without checking the records and transactions of these banks, which suffered from a lot of suspicions and legal violations, but the central bank as a watchdog, it turns a blind eye is known about the abuses that seriously damaged the local economy as a result of favoritism banks directly related to the interests of the senior men in power and Contractors who are backed by the government and working to their advantage.

He also warned those economists of similar steps will be followed by al-Maliki in the event of winning a third term in order to dominate the full state institutions independent of various titles and be subject to his passions personal and the interests of his party and devote his authority by going to the uniqueness of the whole in the affairs of the authority and its decisions after the cut a long way to walk on This approach, which establishes a new dictatorship.

[You must be registered and logged in to see this link.]

Sounds like its gonna be a long 4 yrs, but what the hell, i didnt have plans anyway!!!