Economic Researcher calls for the deployment of daily data for the central bank auction

Author: Publisher on: July 21, 2015

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - demanded economic and academic researcher Maitham coffee, to resume publication of the daily auction of the Central Bank data, because the absence of a vulnerable and clear rules in the banking sector management by the central bank.

And the coffee's (IMN) that "the website of the Central Bank frequently retreat from last term, instead of stepping forward, where delay in the presentation of the auction data as well as a lack of information about the procuring entities and their quantities and those who have been excluded from the auction and the reasons for this exclusion, calling for address vulnerabilities in the banking sector management to supplement the Iraqi economy. "

He pointed out that "the most important central banks in the world management rules is the commitment to disclosure and transparency in the dissemination of information and data, an approach recommended by major international institutions like the World Bank and the International Monetary Fund, as it provides disclosure of data and credibility of the role of the Crisis and predict its early, as well as for conducting studies and research, but the central bank has a clear weakness in this area. "

Observers and confirms the importance of the resumption of the Central Bank of the deployment of demand for the dollar and the amount of data met, whatever the mechanism in place, noting that the central stopped publishing data Auction currency befuddled financial analysts and reduced transparency.

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