Parliamentary Legal: All decisions of the Governor of the Central Bank after the amendment of the re

[size=35][size=35]Parliamentary Legal: All decisions of the Governor of the Central Bank after the amendment of the retirement law are absent[/size]
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Economie

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2020-04-11 | 05:17
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[size=18]On Saturday, Deputy Chairman of the Legal Committee of the Iraqi Parliament, Mohammed Al-Ghazzi, considered that all decisions of the Central Bank Governor Ali Al-Alaq after the first amendment of the retirement law are legally non-existent.

Al-Ghazi said in a statement that Alsumaria News received a copy of it, "All the decisions taken by the governor of the Central Bank after the [url=https://www.alsumaria.tv/Entity/35981/%D8%A7%D9%84%D8%AA%D8%B9%D8%AF%D9%8A%D9%84 %D8%A7%D9%84%D8%A3%D9%88%D9%84/ar/]first amendment[/url] of the retirement law are bad decisions that are not legally valid, since the latter has reached the retirement age, and no party has the right to extend to it, including Including the Prime Minister. "







He added, "This is according to what was stated in [url=https://www.alsumaria.tv/Entity/1549617812/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A9/ar/]State Council[/url] Resolution No. 74/2019 dated 26/8/2019, which indicated that the heads of independent bodies, including the Central Bank, are covered by the new pension law, so his continuation to the position entails legal penalties according to the Iraqi administrative law." .

Al-Ghazi explained, "The Governor of the Central Bank took several decisions at the meeting of the Board of Directors General, including: (The continuation of the work of the Central Bank and banks according to the exception issued by the competent authorities, and the resumption of meeting external transfer requests through the window to meet the requests that citizens and the government routinely need during the period of imposing Ban, postponing the implementation of penalties and fines incurred by banks, and for a period of three months, starting from 1/4 to 6/30/2020, and also, for the purpose of supporting the process of postponing the payment of premiums on all citizens ’loans (for a period of three months), it was decided to support bank liquidity through Reducing proportions Its legal reserve is 13% for a period of six months. "


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[size=52]Parliamentary Legal: All decisions of the Governor of the Central Bank after the amendment of the retirement law are absent[/size]

[size=45]On Saturday, Deputy Chairman of the Legal Committee of the Iraqi Parliament, Mohammed Al-Ghazzi, considered that all decisions of the Central Bank Governor Ali Al-Alaq after the first amendment of the retirement law are legally non-existent.
[size=45]Al-Ghazi said in a statement that "all the decisions taken by the governor of the Central Bank after the first amendment of the retirement law are bad decisions that are not legally valid, since the latter has reached the retirement age, and no party has the right to extend to it, including the prime minister."[/size]
[size=45]He added, "This is according to what was stated in the State Council Resolution No. 74/2019 dated 26/8/2019, which indicated that the heads of independent bodies, including the central bank, are covered by the new retirement law, so his continuation to the position entails legal penalties according to the Iraqi administrative law." .[/size]
[size=45]Al-Ghazi explained, “The Governor of the Central Bank took several decisions at the meeting of the Board of Directors General, including: (The continuation of the work of the Central Bank and banks according to the exception issued by the competent authorities, and the resumption of meeting external transfer requests through the window to meet the requests that citizens and the government routinely need during the period of imposing Ban, postponing the implementation of penalties and fines incurred by banks, and for a period of three months, starting from 1/4 to 6/30/2020, and also, for the purpose of supporting the process of postponing the payment of premiums on all citizens ’loans (for a period of three months), it was decided to support bank liquidity through Reduction of nes With a statutory reserve of 13% for a period of six months. ”[/size]
[size=45]He also continued, within his decisions, “(Banks must, in the event of a curfew, continue to re-practice their activities in full, taking into account reducing the number of employees working in them and adopting health safety measures in order to ensure the implementation and fulfillment of the necessary actions for citizens and state institutions, and the continuation of all activities of the payments system on a daily basis, And delaying the commission incurred by merchants, when using electronic payment tools, for a period of six months, and the resumption of the investment window for the open banks in the Central Bank).[/size]


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