Parliament demands Central Bank no limit credit one bank
Parliament demands Central Bank no limit credit one bank
2012-06-09
Baghdad/JD/... The parliamentary Finance Committee requested the Central Bank of Iraq not hasarmzad hard currency in one bank, and bank loans to avoid access by administrative and financial corruption cases.
Committee member and Deputy Secretary of the State law for hade/JD/that "bank loans serviced by Rasheed Bank which must not be limited to only, to avoid any corruption.
Hadi said: the Committee addressed the Bank Governor Sinan Al-alshbei not selling hard currency auction inventory in one bank so there is no monopoly on economic and not to reopen the bribery and corruption financial and administrative system for sale "...
The Central Bank announced new steps would raise the value of the Iraqi dinar against the dollar.
Deputy Central Bank Governor Mohammad Saleh appearance in a previous reporter (JD) that the Central Bank began applying a new strategy will emerge with the equation equal the dollar if the dinar had the right atmosphere.
Saleh said the new strategy will upgrade the Iraqi dinar as a step towards reform of the financial system in Iraq and stimulate the economy, and then move the draft to delete zeros out the equation equal the Iraqi dinar with the dollar and this requires several factors such as the advancement of agricultural, industrial and service sector investment.
The current situation is optimistic about the future of the economy and devaluation and their purchasing power. /finished/Nazik Mohammed khudair
"we aspire in the near future to the return of Iraqi dinar to what it was in the seventies and the beginning eighties against the dollar" - Dr. Shabibi
“I just did my job...You either get them out alive or you die trying. If you don’t die trying, you didn’t try hard enough." - Marine Sergeant Dakota Meyer, Medal of Honor recipient
Originally Posted by MEALTICKET
