Article: “The parliamentary economy supports the recent central bank measures to regulate the sale window of the currency”
Najib is saying the “economy is heating up”, and that the Parliament Economic Committee is in support of the strides the CBI has taken to organize and educate those banks taking part in the foreign currency sale, and this conducted in cooperation with the IMF…
Najib confirmed that there were banks who had to rectify their situations, in order to stay a part of the currency sale.
She is part of Economic Committee.
In this way the Central Bank is moving forward on reform starting with the currency sale window.
They are moving forward!
I like that reform starts at “the currency window”.
These banks who are “rectifying” their situation are the exact type of institutions that were mentioned and bring the overall score down on that thing that is monetary reform.
Rectification will help to move the wheel forward.