Parliamentary Finance is preparing to launch a package of laws that support the monetary policy

Author: Publisher on: August 28, 2015

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Finance Committee Alnielyh confirmed, it has a package of laws exceeded ten to support monetary policy, is preparing to be passed soon to parliament.

He warned the parliamentary finance committee member Abdul Qader Mohammed earlier, of "economic difficulties" the government may face in the event of continued decline in global oil prices, noting that the Commission is working in coordination with the government to find solutions to the provision of staff salaries solutions during 2016.

The committee member said Massoud Rostam's (IMN) said that "the committee more than a dozen laws are being discussed for the legislation in the coming sessions of the House of Representatives to support the monetary policy process in the country."

Rustam said that "the most prominent of those laws is the money laundering law, which will pass close to the parliament and be included on the agenda to read it a second reading."

He said, "Among those laws is the Federal service, which completed the discussion and enacted the law, and the government needs to send him his salary for inclusion as a supplement to the law and then vote on it."

Iraq has suffered from the financial crisis and the weakness in monetary policy that caused squandering of public money, and therefore, the government and parliament serious attempts to reform and promoting a framework law the work of the country's economy.


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