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Alwani,..supervision on the central bank to "devastating"

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Alwani,..supervision on the central bank to "devastating"

Unread postby admin » Tue Apr 17, 2012 11:03 am

Alwani, describes the process of government supervision on the central bank to "devastating"
Tuesday, April 17, 2012 10:49

BAGHDAD / Baghdadiya News / .. MP for the coalition in Iraq Khalid al-Alwani, the introduction of the Central Bank under penalty of government oversight to "the destroyer" Alwani said in a statement received / Baghdadiya News / copy of it: "the central bank is one of the independent bodies that are subject to the supervision of the House of Representatives because it protects the Iraqi dinar, which is the property of the people not the government." He added:"The linking of such important body related to the policy of the country Steering Executive would limit the orientation independent to address issues in a flexible and detailed for the problems experienced by the Iraqi economy at the same time that the government is working to create a new crisis in order to be able to connect the central bank directly ".

He explained that "the Central Bank Law of 2004 states Article II that does not interfere with any party to it, especially government parties, and the article / 103 / of the Iraqi Constitution stipulates that / is all of the Iraqi Central Bank, the Office of Financial Control, and Communications and Media Commission, and the offices of endowments, independent bodies, financially and administratively, and the law shall regulate the work of each of them, and the Iraqi central bank is responsible to the House of Representatives / ".

He said the introduction of the Central Bank under penalty of government oversight and described Balmadmrh and extremely dangerous, adding that

Survival as an independent body linked to the Council of Representatives of the best linked to the executive branch. / Finished / 21 /
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