Date: 13/03/05 13: 43: 51 Tuesday
Member of the Economic Committee said MP//-abbasn sheyaa, that the current monetary policy by the Central Bank were not encouraging for the economy, stressing that money-laundering operations are still underway in the country.
Said sheyaa (News Agency): that the current monetary policy at the Central Bank by question marks from economists and specialists on the actions taken in the process of selling hard currency and foreign money transfers.
He added: these actions even though they are more marginal and complex than the previous management of the Central Bank but it does not work, and there are still turning invoices through which money for non-existent goods and not to Iraq.
The Central Bank punished banks which practised money laundering under the previous administration and asked them to return the sums which they recollect the dollar official exchange rate dinar, making there is a growing demand in the market, this is a bug in the monetary policy