Accounting committee may be allowed to check National Bank without President's permit

Date: 11:09, 18-11-2019.

Astana. November 18. KazTAG - The accounting committee may be allowed to check the National Bank without a permit of the President.
"What is the reason to disturb the President every time? The accounting committee should check the National Bank without the permit of the President," said Imarkhan Oksikbayev, Majilis deputy.
The regulation on inspections of the National Bank by the accounting committee without a permit of the President is included in the draft law "On amendments into some legal acts on audit activity".
According to Oksikbayev, in case the draft law is adopted, the accounting committee will be able to inspect the National Bank without a permit of the President.
"The National Bank is outside all the financial checks. Today the financial control can be conducted only with the permit of the President. There is such article in the law. The National Bank must be inspected from time to time. I don't understand why they have been avoiding it. People suffer from the policy of the National Bank. We support the bank by all the means, while it looks like that the bank works against the Government. They give loans to people, but they don’t provide them to business," said the Majilisman.
He referred to the example of the National Bank of Kyrgyzstan where the national currency has not been changing the rate to dollar for a long time.

Photo source: picture from an open source

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