Iraq finance committee member calls for CBI not to take the recommendations of the IMF

Posted: April 8, 2011 in Iraqi Dinar/Politics
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Yasiri calls for the central bank not to take the recommendations of the International Monetary Fund

Baghdad (news) .. The member of the Finance Committee in the Iraqi Council of Representatives Abdul-Hussein al-Yasiri National Alliance MP for the central bank not to take the recommendations of the International Monetary Fund.

Yasiri said in a statement to the reporter (Agency news) today announced that monetary policy in Iraq now are more conservative than they should, indicating that the central bank takes the recommendations of the International Monetary Fund, and attributes are not always successful.

He added that the ideas put forward by the IMF is not for the country and the public, pointing out that they do not care for the people and the masses.

Yasiri called the Iraqi Central Bank that can not take all Mainsahhm the International Monetary Fund and the assets of the Central Bank put in the public service, people and development and the Iraqi economy.

The Security Council has decided to form a committee for monitoring and verification, comprising representatives from the IMF and global financial institutions belonging to the United Nations and with the participation of the Iraqi side to make sure the measures taken by the Iraqi government to disburse funds to the Iraqi people without wasting.

The UN Security Council issued its resolutions 1483 which was released in 2003, establish Iraqi funds in the Development Fund for Iraq, DFI, which goes to imports of Iraqi oil and oil for food program as well as funds belonging to the former regime.

Iraq finance committee member calls for CBI not to take the recommendations of the IMF

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