New mechanism to guarantee protecting Iraqi money

BAGHDAD / IraqiNews.com: The Council of Ministers decided on Tuesday to form a ministerial committee to have a mechanism to guarantee protecting the Iraqi money after the end of the development of Iraq fund’s guardianship by the end of 2010. “The council decided to form a committee under deputy premier, which will include also foreign, finance, planning, oil and justice ministers as well as the governor of the central bank to guarantee the protection of the Iraqi money after the end of the development of Iraq fund’s guardianship in 2010,” said the statement released by the office of Spokesman Ali al-Dabbagh received by IraqiNews.com news agency. “The committee should complete its works in 30 days and to provide its recommendations to the cabinet,” it added. SH (P)/SR 2