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Parliamentary Finance confirm the existence of a defect in central bank policy
January 31, 2016
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Our economy / Baghdad
Parliamentary Finance Committee confirmed, said on Sunday that there is a clear imbalance in the central bank's policy is not to the government's ability to intervene in all its affairs conducted.
The committee member said Sarhan, Ahmad Sarhan said in a statement seen by the agency of our economy News that "the central bank's policy faulty, given that he has a law and an independent does not allow interference in its affairs, which brought us to this difficult situation, as the controls in the Central Bank Act imposes on the government restrictions by not granting them amounts to bridge the budget deficit, he also can not act according to what you like. "
Sarhan said, "it is necessary to amend the Central Bank Act even doing his duty in this suffocating financial crisis, as it should to all ministries to act according to pour his country's interests."
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Parliamentary Finance confirm the existence of a defect in central bank policy
January 31, 2016
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A man examines Banknotes of the US dollar in Hanoi on 12 August 2015. Photo: Nguyen Hue ore - Reuters
[ltr]Our economy / Baghdad
Parliamentary Finance Committee confirmed, said on Sunday that there is a clear imbalance in the central bank's policy is not to the government's ability to intervene in all its affairs conducted.
The committee member said Sarhan, Ahmad Sarhan said in a statement seen by the agency of our economy News that "the central bank's policy faulty, given that he has a law and an independent does not allow interference in its affairs, which brought us to this difficult situation, as the controls in the Central Bank Act imposes on the government restrictions by not granting them amounts to bridge the budget deficit, he also can not act according to what you like. "
Sarhan said, "it is necessary to amend the Central Bank Act even doing his duty in this suffocating financial crisis, as it should to all ministries to act according to pour his country's interests."
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