Divorce Central Bank three times !! Majida al-Tamimi advised to divorce the auctions
Divorce Central Bank three times !! Majida al-Tamimi advised the government to divorce "currency auction" 08-12-2015
Iraq today / special
It seems that the country's economy is now needed from the Iraqi government, that the divorce what is known as the "auction currency sale" three times, has been criticized by a member of the parliamentary finance committee - Majida al-Tamimi, "the current central bank management" in relation to play the role of "matchmaker" between the government and foreign currency - a private Dollar, and found that there is "the need to cancel the auction currency",
And who bears the blame this bad marriage between the country's economy and "currency auction," we read in an interview Alohrrarih MP: "The political and party quotas, confound the work of government institutions, especially the economic ones", and of the need to administer the central bank, they made this the proposal: "We must be the central bank is managed by specialists economy and money, not according to the quotas that have caused the destruction of Iraq's economy", and bad role played by the "currency auction" in the country's economy and gluttony cash reserve, we read: "The auction currency is increasing dramatically on Although our pleas many of the Central Bank, the need to reduce the sales of hard currency, especially if these sales sometimes be covered by the reserve value negatively affect the quantity, "and the cash reserve and Mayanet in the Dictionary of the safety of the country:" There is importance to keep the size of the reserve, and commensurate with international standards ", and returned Tamimi to raise her fingers accusation:" If there is a significant imbalance in the auction currency ", and the game that are going to benefit from the" auction of the currency have become "on everyone's lips:" The central bank customers from the private sector, are buying the dollar price The official, under the pretext of covering imports of the state, and this step bearing an imbalance intentional, the fact that the sale of the dollar at the official rate, goes into the pockets of the corrupt. "