Baghdad, February 28 (Rn) – The adviser to the CBI on Monday, the economic transactions that Iraq is not affected by the disorders occur in some Arab countries such as Libya, Bahrain and Yemen.
He said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the political upheavals that occur in Libya, Bahrain and Yemen do not carry any negative economic impact on Iraq, the fact that those countries Atsnf among the countries that have trade exchanges with a task of Iraq.”
Saleh added that “Iraq is affected by this aspect when he spoke of such disturbances in the neighboring regional countries such as Turkey, Iran, Syria, Jordan and United Arab Emirates as well.”
The benefit of the “Central Bank of Iraq has taken measures to prevent monetary and fiscal impact of the wave of disturbances that take place in the Middle East on the economic realities of the outside of Iraq.”
And founded the Iraqi Central Bank in its approach to the law based on the current Central Bank of Iraq in 2004 with authorized capital of 100 billion dinars.
And the Central Bank is responsible for monetary policy and the prevention of vulnerability to external variables that fundamental overthrow regimes, and dealing with inflation, and maintain prices, and implementation of policy in oil prices, as well as for the management of the financial reserve of the State, and the issuance of the Iraqi dinar.
Experiencing some countries, including Libya, Bahrain, Yemen and the Sultanate of Oman widespread protests demanding change the political systems and work on the formation of democratic governments are able to provide the requirements of the people.