Wednesday December 22, 2010Interim Finance Committee in the House of Representatives will host the central bank governor~
Interim Finance Committee held in the House of Representatives will hold a meeting on Wednesday morning under the chairmanship of Sheikh Khalid al-Attiyah in the hall of the Constitutional Council in the presence of Mr. Shabibi central bank governor and representatives from the Ministries of Finance and Planning.
The meeting discussed the subject of the government's intention to borrow from the central bank $ 5 billion to supplement the budget, where the governor affirmed that the central bank lending to the government by the bank in which damage and significant risks to reputation and his performance as it would contribute to the weakening of its ability, calling for the use of the surplus in the previous budgets, to supplement the budget he said, adding that the Bank can intervene in the processes of development of investment projects by many things including the issuance of treasury transfers.
The meeting also discussed the subject of investment plans for next year and appointments made in the budget law as well as projects for regional development and raising the standard of living of citizens in the provinces.
مجلس النواب House of Representatives
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