Committee recommends to the Council of Ministers to challenge materials contained in the budget, "intersect" with the independence of the Central Bank
Editor Hussein gesture - Wednesday February 4, 2015 17:26
Alsumaria News / Baghdad
The Governor of the Central Bank of Iraq on the Keywords, Wednesday, that the Economic Committee in the Council of Ministers recommended to the Council to challenge the material contained in the budget law "intersect" with the independence of the Bank.
Keywords and said in a statement received "Alsumaria News", a copy of which, "The Economic Committee of the Council of Ministers recommended the cabinet to challenge the material contained in the budget law intersect with the independence of the Central Bank."
He added: "It means we have to stabilize the dinar exchange for the protection of citizens' purchasing power price," stressing "the bank continued support liquidity of the banking sector in order to contribute to the revitalization of the economy."
And the voice of the House of Representatives, in the (January 29, 2015), the draft federal budget for the current year worth in excess of Al119 trillion dinars and a deficit of about 25 trillion.