Economist accused the central government to intervene in the monetary policy of the Central Bank
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Economist accused the central government to intervene in the monetary policy of the Central Bank
16 June, 2012 06:30:25 Huda - Baghdad
The economist said Makki Rdam that the central bank is suffering from the central government intervention, indicating that the latter is unique to draw its monetary policy by fiscal policy.
He Rdam that, despite the issuance of central government's decision confirmed that the issue of financial and administrative independence of the Central Bank but it did not repeal its earlier decision, which connects the Central Bank of regulatory government, noting that the government tried to join the central bank to their organizational structures to avoid a repeat of what he had raised from the sensitivities including during the last election cycle, because of the commitment of the central bank autonomy granted by the Constitution and the law.
The economic expert called the central government to reconsider its valuable disengagement of the government's central bank to retain its independence in full.
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