Nijaifi warns from governmental supervision on CBI

Tuesday, 10 April 2012 21:12 |
Baghdad (AIN) –The Speaker, Osama al-Nijaifi, assured that the independence of the Central Bank of Iraq will save the Iraqi money.
In a statement received by AIN on Tuesday and while received the Governor of the CBI, Nijaifi stated “We assure on the independence of the CBI according to the item (103) of Article (2) of the constitution and item (2/2) of the CBI law 56 of 2004.”
“The parliament supports the independent work of the CBI according to the constitution,” he pointed out, stressing the necessity of “The communication between the CBI and the specialized Parliamentary Committees to discuss the issues that Iraq suffers from.”
For his part, CBI government explained the reasons behind the increase of the USD to the IQD by stating that “The poor local production and the decrease of the exportations of Iraq, except oil, in addition to the lack of the procedures to involve the capitals and investment companies are the reason behind such issue.”
Nijaifi stressed the necessity of keeping the CBI independent to preserve the Iraqi money.
Earlier, the Speaker, Osama al-Nijaifi, announced, during Saturday parliament session, that he sent a message to the PM, Nouri al-Maliki, asking him not to “Interfere in the work of the CBI and showing its duties and objectives.”