Monday, August 29, 2011

CENTRAL BANK TO POLITICIANS-QUIT DELAYING OUR PROJECT CBI LASHES OUT, SAYS GET OUT OF OUR WAY

29/08/2011 13:53

Baghdad / Orr News

Central Bank Accused of Sabotaging the Political Forces of the Iraqi Economy

The Central Bank of Iraq and the existence of a hidden political forces did not identify to sabotage the economic reality and delay the project to delete the three zeroes. The deputy governor of the Central Bank of the appearance of Mohammed Saleh said that "political forces behind the sabotage and delay the advancement of the economic reality of Iraq and the project to delete the three zeroes." He added that the "delay the project to delete the three zeroes from the Iraqi currency is very wrong and should speed up the process to delete the zeros for the advancement of the economic reality of Iraq." He continued that "if the Iraqi economy was modified after 10 years, it does not come to the welfare of the people and send a picture of despair in the soul of every Iraqi. "

He was economic adviser to the Iraqi government Abdul Hussein Al-Anbuge has revealed to the media, local, of the existence of mafias are trying to breach the local currency during the project restructuring carried out by the CBI. The main tasks of the Iraqi Central Bank to maintain price stability and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector. The Central Bank of Iraq on 22 June he had decided to restructure the local currency in order to the development of the payments system in the country.



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