CBI: IMF is convinced financial policy for Iraq heading in right direction
Posted: October 11, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics
CBI: International Monetary Fund is convinced the financial policy for Iraq
BAGHDAD Central Bank of Iraq announced that there is acceptance of the International Monetary Fund on Iraq political cash.
The deputy governor of Central Bank of Iraq the appearance of Mohammed Saleh said that “the IMF is convinced that monetary policy in the direction the country is heading a true fit with the reality of the Iraqi economy.”
He added that “the central bank follows the monetary policy to reduce inflation and provide cover for the local currency and economic controls commensurate with the fiscal policy pursued in Iraq.”
He noted that “the central bank constantly reviews the Ssayasth cash and mechanisms to address the annual inflation and gaps facing the use of foreign currency and local communities in the country.”
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