Central: news sack Shabibi affect our work and independence known democratic
Sunday, April 8, 2012
The central bank, Sunday, for the news that benefit the Government's intention to dismiss Bank Governor Sinan Shabibi "rumor" influence on his work and the level of his performance, noting that the independence of many state institutions, including the central bank knew invented democratic countries advanced does not mean exclusivity of the decision.
The deputy governor of the Central Bank of the appearance of Mohammed's "Twilight News", "addressed by some news media's intention to dismiss the government's central bank governor Sinan Shabibi is a rumor that affect our work, and make us able to develop our performance."
He added that "officials at the Central Bank are members of the Economic Commission of the Council of Ministers and Central Bank shall provide advice to the government constantly, and works in coordination with them in formulating monetary policy in Iraq."
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On the book the General Secretariat of the Council of Ministers directed to the Central Bank, which obtained "Twilight News", a copy of it, and which should the Iraqi Central Bank to refrain from adopting any law on monetary policy without the consent of the Council of Ministers, Saleh said, "I have been out of Iraq was not briefed in person on this book. "
The "Twilight News" yesterday I got an official document issued by the General Secretariat of the Cabinet showing the inventory of the financial policy of the country in her hand, while the expected MP Sabah al-Saadi is that dismissal of central bank governor as a plan of government for "hegemony" on the independent institutions.
Saadi told to "Twilight News" "The book is directed by the General Secretariat of the Central Bank confirms what we went to the former government, a dominance of the central bank to begin the second step after the removal of a Central Bank Governor Sinan Shabibi."
According to the document, which is a formal letter, it should be on the Central Bank of Iraq not to adopt any law on monetary policy without the consent of the Council of Ministers.
And Saleh, said that "the independence of some state institutions, including the Central Bank of the case of a civilized and sophisticated esteemed advanced democratic countries, but this does not mean that the central bank alone, without coordination with the government."
The member of the Finance Committee in Parliament Faleh force confirmed, yesterday, for "Twilight News" that this endeavor of government "represents a clear interference in the work of the Central Bank, which is an independent body, and violated the new constitution and on monetary policy," noting that "government intervention monetary policy of the central will of the Iraqi economy at risk. "
It is said that the Federal Supreme Court issued on 18 January last attachment to a decision to independent bodies referred to in the Constitution Iraqi prime minister directly, and not under the chairmanship of the House of Representatives.