VOL. XLVII
No 11
15-March-2004
IRAQ RECONSTRUCTION
New CPA Law Governing Central Bank Of Iraq Affirms Its Independence
The US-led Coalition Provisional Authority (CPA) on 7 March announced a new law governing the Central Bank of Iraq (CBI), affirming the institutions independence. According to Article 3 of the law, the primary objectives of the CBI shall be to achieve and maintain domestic price stability and to foster and maintain a stable and competitive market-based financial system. Subject to...
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