Al-Bayati: The constitution granted independence to the Central Bank, but linked its actions to Parliament
19:33 - 06/15/2021
information / special
The leader of the Al-Fateh Alliance, Muhammad Al-Bayati, confirmed, on Tuesday, that the Iraqi constitution did not give the central bank absolute powers, but rather made it return to consultation with Parliament.
Al-Bayati said, in a statement to the "Information" agency, that "the Central Bank is one of the independent bodies, so the constitution imposed on it to return to Parliament to consult on crucial issues, and therefore any delay or error bears the responsibility of Parliament."
He added, "Granting absolute powers to the government without returning to the legislative institution is very dangerous and is considered a uniqueness in the decision and ignoring what is stipulated in the articles of the Iraqi constitution."
He pointed out that “the government does not give itself the amount of powers granted to it by Parliament, and therefore the two parties participated in the bidding on the exhaustion and impoverishment of the people.” Ended / 25 R.