Monetary policy and politics Economic development in Iraq

Abstract

That more consensus economic moderate see if the central bank to work as a government institution exercise its functions within the overall framework of the state, but for this institution privacy to make independent decisions regarding monetary policy, which must be consistent with the general economic policy of the State, because the bank is issued currencyand run by a banker to the Government and its agent and advisor financial, a fund maintained by the State Bahtiatadtha and payments of monetary and fiscal, a last resort for lending and the observer to regulate credit and conservative safety financial position of the banks as Bank of Banks, and if there is here or there, a kind of overlap or conflict or lack of clarity in anypowers to all relevant parties (legislative and executive), it happens in most countries of the world, if not in all of them and not supposed to reflect the stability of the general level of prices and the exchange rate of the national currency against foreign currencies other and the effects of changes in them on the real side (commodity) of the economy.