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Maliki tries to take over the Central Bank and Najafi demands an end to the violation of independent institutions

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Maliki tries to take over the Central Bank and Najafi demands an end to the violation of independent institutions.





08-04-2012 09:43 AM.
After the authorization granted by the Federal Court of Prime Minister Nuri al-Maliki’s control over the independent institutions and attached to his office PC, Head of the House of Representatives Osama Najafi for a letter to al-Maliki about the fate of the Central Bank.

Quoted ‘Euphrates News,’ a source as saying that ‘Najafi said during a session of the House of Representatives yesterday a letter sent by him to Prime Minister Nuri al-Maliki urging him where not to interfere in matters of the Central Bank and the statement of the functions and duties of this bank, which is one of the independent institutions’.

Sources confirm that the financial takeover attempt on al-Maliki’s central bank governor is due to the refusal Shabibi to repeated requests from the prime minister of the government to provide debt and cover its fiscal deficit, despite the large revenue derived from oil exports.

It is known that the central bank is considered one of the independent institutions and managed through the administration of personal economic Iraqi and international prestigious Governor Shabibi and actress of improving the situation of the Iraqi currency and effort possible to maintain their value.

http://bit.ly/IqVM8





Parliamentary Finance: The Federal Government is trying to dominate the monetary policy of the Central Bank.



08 April, 2012 08:40:00
Criticized the parliamentary finance committee Secretariat of the Council of Ministers and its attempts to dominate the monetary policy of the Central Bank and the powers of the Governor of the Bank scalable, and this measure is a violation of the Constitution and a threat to the Iraqi economy.

A member of the Commission applicable Faleh The Council of Ministers is trying to engulf the monetary policy within its terms of reference, noting that there are attempts to interfere in the work of the Central Bank as an independent body responsible for formulating monetary policy of the Republic of Iraq.

http://bit.ly/I6kwZN


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