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Parliamentary Finance: You can not withdraw the money supply

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Rocky


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Parliamentary Finance: You can not withdraw the money supply



4/10/2015 0:00

BAGHDAD morning
the parliamentary finance committee alerted to the lack of possibility of withdrawing the money supply available to support the private sector, afterthought that this is permissible in the case and pulled it back once Okhry.ooodh member of the Committee for the Patriotic Union of Kurdistan (PUK) Abdul Qader Mohammed that he can not be the money supply in the market for withdrawal »feeding» Enterprise or sectors Alakhary.obin Mohammed, in an interview for »Sabah» that «the money supply in circulation in the market between citizens», adding that «withdrawn completely legal because it will affect the currency and materials available on the market price and the arteries of the basic life» .oomah Mohammed that «the withdrawal of the money supply may be in the event of use as an expense of the wages of workers or buy necessary materials», pointing out that «such a thing would activate the economic and financial movement within the country» .otad policy cash management of the most important functions of the Bank Central, the policy has sought to provide opportunities for economic stability by influencing the levels of liquidity and control of the trends and stability in domestic prices and the preservation of jobs and development, as exercised a pivotal role in establishing the elements of economic growth through their instruments of indirect monetary policy as the rate of rediscount and the requirements of reserve requirements and open market operations and options for liquidity management Kmzad treasury and lending remittances between banks.
have been associated with trends that policy measures reformist basic synchronization of the goal of strengthening the bonds of the money market and brokerage operations with the necessities of the stability of external financing market and support the stability of the external value of the Iraqi dinar as it led Twasenhma to achieve two signals Sareeten powerful market signals from the monetary policy adopted by the two reference interest rate and the second Iraqi dinar exchange rate against the dollar, which strengthened the mechanism for moving cash.

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tlm724

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please note the date of this one 4/10/2015 0:00


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