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Iraq issues new law on work of Central Bank

Iraq issues new law on work of Central Bank

BAGHDAD, May 4 (Xinhua) -- The civil authorities of the American occupation forces in Iraq issued a new law to organize the work of the Iraqi Central Bank (ICB), Al Sabah newspaper reported Tuesday.

The new law includes a number of new procedures that deal with some negative aspects that used to affect the Iraqi dinar, in addition to the administrative, legal and procedural requirements that the bank should work according to, said the local newspaper.

The newspaper pointed out that article 3 of the law set the main goals of ...

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