Turkish criticizes calls for the formation of the central bank monitors and confirms: Hereby serve the Iraqi economy policy
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Turkish criticizes calls for the formation of the central bank monitors and confirms: Hereby serve the Iraqi economy policy
Admin Wed Sep 18, 2013 7:45 am
[ltr] 
Central Bank Governor Abdul Basit Turki [/ltr]
[ltr]Author: ASJ
Editor: AJ, HH
18/09/2013 13:03
[/ltr]
[ltr]Range Press / Baghdad[/ltr]
[ltr]Criticized the central bank governor and agency Abdul Basit Turki, on Wednesday, calls for the formation of an independent body to monitor the work of the central bank, confirmed that invitations adopted by the parties "failed to pull the bank for tracking and accountability of offenders," while noting that the bank kept the Iraqi dinar from falling b "hidden hands want to manipulate it," pointed out that the bank monetary policy fee "to serve the Iraqi economy and not any party."[/ltr]
[ltr]Said Abdul Basit Turki said in an interview to (range Press) that "the invitations that launches from here and there about the need for the establishment of an independent body functions limited to the supervision and control and re-structural away from the Central Bank, came after the inability of some agencies to withdraw bank oversight Avenue, especially during the months the last ten in the follow-up and hold offenders accountable in the various institutions of the Central Bank and supervising them. "[/ltr]
[ltr]The Turkish that "those calls came, too, after that I found this authorities that the central bank neutral just not allowed to be there lapses or errors is possible to cause the destruction of the country's economy which is run by the central bank carefully such that the Iraqi economy is stable," noting that "some countries where there is such a body is far from the central bank because of experiencing good conditions and at different levels. "[/ltr]
[ltr]He Turkish that "in terms of methodology, the central bank is now two functions contrasting the two oversight function and function of monetary policy," but he also said, "but under the current circumstances experienced by Iraq can not there be an independent body accompanies the work of the central bank, which now trying to maintain the integrity of and the security of Iraqi private banks and how to put a monetary policy as possible to help the Iraqi economy to proceed forward without mistakes. "[/ltr]
[ltr]He said the central bank governor and the agency that "the central bank has achieved over the last months great successes and the value of Iraq can and every official that proud of that recorded for the date being worked on not fall dinar Aoaada subtle they want to manipulate him and make him a non-habit," pointing out that "the Bank Central chart monetary policy for many years and not for a short period as the development of such policy in the service of the Iraqi economy and is not to hand. "[/ltr]
[ltr]The banking experts have criticized, in (6 August 2013), the establishment of a supreme body to monitor the work of banks in the country, noting that the central bank is concerned party and the sponsors of the banks, as demanded Finance Committee parliamentary establishment of an independent body especially concerned with the affairs of Iraqi banks are in isolation from the Central Bank and to support the development of the banking sector in the country.[/ltr]
[ltr]The Cabinet decided to Iraq, in (16 October 2012), the prime BSA Abdul Basit Turki functions of the central bank governor and the agency rather than the Governor of the Bank Previous Shabibi on charges of issues of financial and administrative corruption in the bank, especially in operations Auction dollars, but something that did not occur to the work of the Bank and currency auction whereas the exchange rate of the Iraqi dinar a significant decline against the dollar jumped from 1170 dinars to the dollar in the fall of 2012 to 1270 dinars to the dollar in April 2013.[/ltr]
[ltr]It is noteworthy that the International Monetary Fund said in a report issued in (03.21.2013), following the end of the consultations held in Amman between a delegation from the Fund and an Iraqi delegation headed by VMware Planning Ali Shukri, and seen (long-Presse) it "an improvement in the financial sector," But he stressed that it is still "need to be greater efforts by the central bank in the revision of monetary policy tools and strengthen banking supervision, and to accelerate the restructuring of the banking system."[/ltr]
[ltr]http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.ahewar.org/debat/show.art.asp%3Faid%3D371290&sandbox=0&usg=ALkJrhhg-QLQFUSKJs2JlNEL10Yqg132qg
[/ltr]
Central Bank Governor Abdul Basit Turki [/ltr]
[ltr]Author: ASJ
Editor: AJ, HH
18/09/2013 13:03
[/ltr]
[ltr]Range Press / Baghdad[/ltr]
[ltr]Criticized the central bank governor and agency Abdul Basit Turki, on Wednesday, calls for the formation of an independent body to monitor the work of the central bank, confirmed that invitations adopted by the parties "failed to pull the bank for tracking and accountability of offenders," while noting that the bank kept the Iraqi dinar from falling b "hidden hands want to manipulate it," pointed out that the bank monetary policy fee "to serve the Iraqi economy and not any party."[/ltr]
[ltr]Said Abdul Basit Turki said in an interview to (range Press) that "the invitations that launches from here and there about the need for the establishment of an independent body functions limited to the supervision and control and re-structural away from the Central Bank, came after the inability of some agencies to withdraw bank oversight Avenue, especially during the months the last ten in the follow-up and hold offenders accountable in the various institutions of the Central Bank and supervising them. "[/ltr]
[ltr]The Turkish that "those calls came, too, after that I found this authorities that the central bank neutral just not allowed to be there lapses or errors is possible to cause the destruction of the country's economy which is run by the central bank carefully such that the Iraqi economy is stable," noting that "some countries where there is such a body is far from the central bank because of experiencing good conditions and at different levels. "[/ltr]
[ltr]He Turkish that "in terms of methodology, the central bank is now two functions contrasting the two oversight function and function of monetary policy," but he also said, "but under the current circumstances experienced by Iraq can not there be an independent body accompanies the work of the central bank, which now trying to maintain the integrity of and the security of Iraqi private banks and how to put a monetary policy as possible to help the Iraqi economy to proceed forward without mistakes. "[/ltr]
[ltr]He said the central bank governor and the agency that "the central bank has achieved over the last months great successes and the value of Iraq can and every official that proud of that recorded for the date being worked on not fall dinar Aoaada subtle they want to manipulate him and make him a non-habit," pointing out that "the Bank Central chart monetary policy for many years and not for a short period as the development of such policy in the service of the Iraqi economy and is not to hand. "[/ltr]
[ltr]The banking experts have criticized, in (6 August 2013), the establishment of a supreme body to monitor the work of banks in the country, noting that the central bank is concerned party and the sponsors of the banks, as demanded Finance Committee parliamentary establishment of an independent body especially concerned with the affairs of Iraqi banks are in isolation from the Central Bank and to support the development of the banking sector in the country.[/ltr]
[ltr]The Cabinet decided to Iraq, in (16 October 2012), the prime BSA Abdul Basit Turki functions of the central bank governor and the agency rather than the Governor of the Bank Previous Shabibi on charges of issues of financial and administrative corruption in the bank, especially in operations Auction dollars, but something that did not occur to the work of the Bank and currency auction whereas the exchange rate of the Iraqi dinar a significant decline against the dollar jumped from 1170 dinars to the dollar in the fall of 2012 to 1270 dinars to the dollar in April 2013.[/ltr]
[ltr]It is noteworthy that the International Monetary Fund said in a report issued in (03.21.2013), following the end of the consultations held in Amman between a delegation from the Fund and an Iraqi delegation headed by VMware Planning Ali Shukri, and seen (long-Presse) it "an improvement in the financial sector," But he stressed that it is still "need to be greater efforts by the central bank in the revision of monetary policy tools and strengthen banking supervision, and to accelerate the restructuring of the banking system."[/ltr]
[ltr]http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.ahewar.org/debat/show.art.asp%3Faid%3D371290&sandbox=0&usg=ALkJrhhg-QLQFUSKJs2JlNEL10Yqg132qg
[/ltr]
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