Member of the parliamentary finance: the need to amend the legal Central Bank and banks in accordance with the policy of free economy

Date: 02/04/2013 12:39:58 Monday



Baghdad (news) .. Called a member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, to the need to amend the Central Bank legal and public banks in accordance with the principle of free market economy policy to develop the country's financial situation.


Yasiri said (of the Agency news): The central bank legal and public banks their work contradicts the current economic policy that believes in the free market, making the financial and banking sectors lagging.

He added: must reconsider Bakannounama which issued a year (2004) and modified Vaqrathma format commensurate with the principle of a free market economy for the banking sector can develop work and increase its investment activities, as well as allow the central bank to support the national currency and maintain the monetary policy.

It is noted that a central bank legal number (56) in 2004 and banks (94) in 2004 been Thariahma in time the interim coalition government headed by U.S. civil administrator Paul Bremer. / End / 8. N. P /


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