Economy calls for parliamentary approval of the Central Bank Law and the "removal" of the governmen

by **Proven** Sun Apr 26, 2015 7:47 pm

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Economy calls for parliamentary approval of the Central Bank Law and the "removal" of the governmen

by Proven Sun Apr 26, 2015 7:47 pm

Economy calls for parliamentary approval of the Central Bank Law and the "removal" of the government

27/04/2015 (00:01 pm) - the number of readings: 35 - number (3348)

BAGHDAD / Amer Mohi

Forecast for economic and investment commission in Parliament, on Sunday, taking the central bank package of measures that would reduce the dollar exchange rate against the Iraqi dinar, while confirmed that the citizen is the biggest affected by the high dollar exchange rate, called for the adoption of a law on the central bank guarantees his independence from government .

She said a member of the economic and investment commission in Parliament, Najiba Najib in an interview for the "long" that "the Central Bank was able to maintain the dollar exchange rate at 130 thousand dinars for $ 100 through the procedures followed by," indicating that "the dollar exchange rate has risen during the past few days to more than it is now. "

She said Najib saying that "the Central Bank is taking some decisions that will re-dollar exchange rate to normal," unexpected "increase the width of the dollar, and reduce imports of foreign countries that require payment of the dollar from the Iraqi side." .

She noted that "the lack of oil revenues in the current time also contributed to exacerbate the financial crisis, especially that Iraq was receiving oil imports in dollars," asserting that "the citizen is affected by the first rise of the dollar to the relationship of this matter important joints of his life."
explained a member of the Kurdistan Alliance The committee "addressed in most of the time the government and the central bank confirmed that the survival of the dollar at this point will affect the Iraqi economy, especially since the citizen adopted a certain price for the disbursement of the dollar," pointing out that "the issuance of Banknotes category of 50 thousand dinars and 100 thousand dinars will contribute to reducing the effects of the crisis, especially since these currencies will make the most of the groups acquired a large currency away from the dollar, and this may be part of the steps that may be followed by the central bank. "

For its part, by the other Committee Nora Albjara said in a statement to the "long" that "the economic crisis caused by the high price of the dollar, can not be completed without the legislation of a special law of the Central Bank ensures work independently away from the government. "

She added Albjara by saying that "the central bank in the event of winning his case at the Federal Court to prevent the government from capping sell the dollar, it would be a solution for easing the crisis." , pointing out that "the economic problems began Ttrutb result of this matter."

She Albjara that "most traders began reluctant to buy goods because most of their dealings in dollars, which impact on the financial dealings," asserting that "some people have benefited from the crisis, especially property owners who agreed with Majerihm to pay the dollar. "
parliamentary finance committee expressed, earlier, concern about the continuing rise in the dollar's exchange rate against the dinar, while the central bank has demanded to the market to contain.

He was prime minister for economic affairs adviser appearance of Mohammed Saleh Description (4 March 2015) high price US dollar exchange Balbsat, stressing that the central bank measures are not the cause in it.

He said Mohammed Saleh, said that speculators and owners of banking offices behind the rise in the dollar against the Iraqi dinar, Petroejehm news inaccurate for the dollar and tampering with the price of the dinar according to their wishes, saying, "The rise in the price of the currency foreign simple which is ineffective, and will disappear demise of economic strain. "

He stressed that "the new central bank measures came to fortify the dollar selling process and not to stop the auction currency permanently," he said, adding that the Iraqi dinar completely covered with foreign currency and there are no fears of the weakness of Iraq's reserves of hard currency ".

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