XXXX##### Parliament shows support for central bank action in economic development

12/05/2013 - 15:08

Alsumaria News / Baghdad
Showed the House of Representatives, Sunday, full support for the actions of the Iraqi Central Bank to strengthen its capabilities in economic development, stressing his support for the bank on the audit work of private banks and archiving information.

The council said in a statement received "Alsumaria News", a copy of it, that "the Presidency expressed during a meeting with House Speaker Osama Najafi, the Governor of the Central Bank and the Agency Abdul Basit Turki full support to the actions of the Iraqi Central Bank to strengthen the capacity of the Bank in economic development."

The statement added that "the body also shown support for the bank on the audit work of private banks and archiving of information within the bank and reform measures that include adjust the exchange rate of the dollar and reduce the phenomenon of money laundering," noting that "the meeting also discussed the role of Parliament in making decisions for the protection of Iraqi funds for the next year and address the issue of debt and push focus of the international effort to protect Iraqi funds abroad. "

It is noteworthy that the Iraqi Central Bank was established as a bank independent under its law issued on the sixth of March of 2004, and is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions a day for the sale and purchase of foreign currencies with the exception of public holidays which stops Bank of the auction.


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House of Representatives confirms the central support measures in controlling the exchange rate of the dollar

Baghdad / Baghdadi news / .. announced the Presidency of the Council of Representatives, on Sunday, its full support for the central bank to scrutinize the work of private banks and archiving of information within the bank and reform measures that include adjust the exchange rate of the dollar.

According to a statement moved the Information Office of the Council and received / Baghdadi News / copy of it, that the Presidency headed by Najafi and his two deputies during a meeting with Iraqi Central Bank Governor Abdul Basit Turki agency confirmed its full support for the work of the Central Bank and procedures in auditing the work of private banks and archiving of information within the bank and reform measures that include adjust the exchange rate of the dollar and reduce the phenomenon of money laundering and strengthen the capacity of the central bank in economic development. "

He added that "the meeting dealt with the role of the House of Representatives in issuing decisions in order to protect Iraq's money for the next year and address the issue of debt and push focus of the international effort to protect Iraqi funds abroad.


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Presidency of the Parliament reaffirms its support of the Central Bank to audit the work of banks to curb money laundering


BAGHDAD / obelisk: confirmed the Presidency of the Council of Representatives of Iraq, Sunday, support for the Iraqi Central Bank procedures in carrying out audit work of private banks and archiving of information within the bank, in addition to adjust the price of the dollar to reduce the money laundering process.



The Iraqi Council of Representatives in a statement obtained "obelisk", a copy of it, that "the Presidency of the Council of Representatives headed by Osama Najafi and his two deputies Qusay al-Suhail and Aref Tayfur, met today the central bank governor Agency and head of the BSA Abdul Basit Turki and expressed its full support for the central bank audit the work of private banks and archiving of information within the bank. "



He added that "the Presidency of the Council of Representatives confirmed its support also for the reform measures, which include a set dollar exchange rate and reduce the phenomenon of money laundering and strengthen the capacity of the central bank in economic development," noting that "the meeting dealt with the role of the House of Representatives in issuing decisions in order to protect Iraq's money for the year and address the issue of future indebtedness and push focus of the international effort to protect Iraqi funds abroad. "



The Parliament Speaker Osama Najafi and the Governor of the Central Bank and Agency Abdul Basit Turki search, in (31 last October 2012), the mechanism of action of the CBI and prove his independence in light of the changes that took place recently, while stressing the latter continuing investigation ERA hard currency and the Department of money laundering in Central .


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