Najiba Najib: government to take measures to support the exchange rate of the dinar does not represent the policy of the central bank intervention

14-07-2013 10:45 AM


Baghdad (news) .. A member of the Finance Committee MP / Kurdistan Alliance / Najeebeh Najib, that the government take urgent measures to strengthen the Iraqi dinar is not considered the work of the central bank intervention, stressing that the current laws are not commensurate with the policy of the free market economy.

Najib said (of the Agency news): to strengthen the Iraqi dinar is not only the responsibility of the central bank, but its responsibility rests with all relevant institutions and the Iraqi state, indicating that Iraq needs a strong economy and a strong currency.

She added: there must be urgent action and strategic plans by the government to strengthen the economy, without a strong economy and produce local and directed state can not strengthen the Iraqi dinar.

She pointed out: that the legislation window does not fit with a free market economy, nor with the government on plans to strengthen the economy, noting that strengthen the to ايطبق the dinar in a short period but need a set of procedures and a package of laws to get the desired results.



It is noteworthy that the Iraqi Central Bank is responsible for monetary policy and there is a tendency for the integration work between the central bank and the government to raise the purchasing power of the Iraqi dinar.

 


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