WELCOME TO BONDLADYS CORNER...WE CARRY ON HER CUSTOM OF MAKING THIS SITE YOUR 24 HOUR A DAY IRAQ NEWS ARTICLE SOURCE

THANK YOU FOR YOUR CONTINUED SUPPORT OF OUR LADY.


You are not connected. Please login or register

The Governor of the Central Bank pledges to hold banks that are out of control and manipulating exchange rates to account

Go down  Message [Page 1 of 1]

ikea


MEMBER
MEMBER

https://www.ina.iq/149290--.html

The Governor of the Central Bank pledges to hold banks that are out of control and manipulating exchange rates to account

political    Today, 16:24
BAGHDAD -


The First Deputy Speaker of Parliament, Hakim Al-Zamili, called today, Saturday, to address the negatives resulting from the change in the exchange rate, while the Governor of the Central Bank, Mustafa Ghaleb, pledged to hold banks that violate the controls and manipulate exchange rates to account.

The media office of the First Deputy Speaker of the House of Representatives stated, in a statement received by the Iraqi News Agency (INA), that "Hakim Al-Zamili, the First Deputy Speaker of the House of Representatives, called on the Public Prosecution to take the necessary legal measures fundamentally, to prevent the travel of the Minister of Finance" Ali Abdul Amir Allawi, because of the presence of A number of files are against him and until the issue of his accountability is resolved when he appears during this week's session and questioned in the event of refusal,

holding the Ministry of Interior and the Intelligence Service responsible in the event of his leaving the country,

stressing that Allawi's failure to attend Parliament is a "dangerous precedent."

The statement added, "This came while presiding over today, Saturday, February 19, 2022, an expanded meeting attended by a number of heads of political blocs and parliamentarians, to host the Governor of the Central Bank, Mustafa Ghaleb Mikheeb,

while Finance Minister Ali Abdel Amir Allawi refrained from attending to discuss the issue of currency smuggling, the dollar exchange rate and control Some banks auction the currency and put in place the most effective solutions to reduce its impact on citizens.

Al-Zamili stressed, "The presidency and members of the House of Representatives are legally, morally and legally responsible for defending the rights of the people, as they are representatives of it," noting that

"the request to host the Minister of Finance and the Governor of the Central Bank came with an official request signed by more than 50 deputies."

He added, "This week will witness the holding of an emergency parliamentary session to question the minister," noting that

"any party that seeks to disrupt the role of the legislative and oversight authority is delusional, and that work is underway to hold the corrupt accountable," noting that

"the reform paper submitted by Allawi has not achieved anything." Except to harm the people and increase poverty."

A member of the Presidency instructed, "to form a parliamentary committee to investigate the facts, gather information and follow up on the work of the Central Bank,"

calling on the government to "address the negatives resulting from the change in the exchange rate and the rise in market prices."

He pointed out that "the House of Representatives will take all necessary measures if the government is unable to do so, and it will be obligated to use its constitutional powers to treat the effects of this issue."

And the statement continued: “During the meeting, many inquiries, questions and proposals were raised by members of the House of Representatives to the Governor of the Central Bank, and in his turn,

Mustafa Mukhaif explained the monetary policy of the Central Bank and the reasons that prompted the increase in the exchange rate of the dollar, and the pledge to hold banks that are beyond controls and manipulate exchange rates to be held accountable.

Al-Zamili called on the Central Bank's administration to "provide the House of Representatives with data, information and periodic reports on currency sale auctions, and work to evaluate banking policy in the country."

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum