Deputy: the central bank does not need a new law, but for administrative guidance to support policy

23-03-2013 11:12 AM


Baghdad (news) .. A member of the Economic Commission MP / coalition in Iraq / Qusay Fri, current central bank law 'sober' and supportive of monetary policy in the country, being a theme by economists have long engaged in financial and monetary field.

Juma said (of the Agency news): The central bank does not need new legislation, but needs guidance and regulations to support its monetary policy, because its current law is one of the best economic laws in the country.

He added: recent crisis, the Central Bank of affected negatively on the work of making monetary policy imbalances in the sale of hard currency and how to balance demand and supply quantities of currencies in the market.

Some economists have called the House of Representatives to amend the law on the central bank for the year (2004) in line with the format global developments in the field of banks, to support monetary policy in the country. / End / 8. N. P /


http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.ikhnews.com%2F