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Parliamentary Finance: You can not withdraw the money supply
4/10/2015 0:00 BAGHDAD morning The parliamentary finance committee warned that you can not withdraw the money supply available to support the private sector, afterthought that this is permissible in the case of towed and put it back Okhry.ooodh member of the Committee for the Patriotic Union of Kurdistan (PUK) Abdul Qader Mohammed that he can not be the money supply in the market for »feeding» withdrawal projects or sectors Alakhary.obin Mohammed, in an interview for »Sabah» that «the money supply in circulation in the market between citizens», adding that «withdrawn completely legal because it will affect the currency and materials available on the market price and the arteries of the basic life» .oomah Mohammed that «the withdrawal of the money supply may be in the event of use as an expense of the wages of workers or buy necessary materials», pointing out that «such a thing would activate the economic and financial movement within the country» .otad policy cash management of the most important functions of the central bank, has That policy has sought to provide opportunities for economic stability by influencing the levels of liquidity and control of the trends and stability in domestic prices and the preservation of jobs and development, as exercised a pivotal role in establishing the elements of economic growth through their instruments of indirect monetary policy as the rate of rediscount and the requirements of reserve requirements open market operations and liquidity management options Kmzad Treasury remittances and lending between banks. Trends that policy have been associated procedures reformist basic synchronization of the goal of strengthening the bonds of the money market and brokerage operations with the necessities of the stability of external financing market and support the stability of the external value of the Iraqi dinar as it led Twasenhma to achieve two signals Sareeten powerful market signals adopted by the monetary policy, namely a reference interest rate and the second rate exchange rate of the Iraqi dinar against the dollar, which strengthened the mechanism for moving cash.[/ltr] |
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