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Tuesday, 24 May 2016

Parliamentarians see Amer behind House speaker’s warning against criticism of monetary, fiscal policies

Was Tarek Amer responsible for the warning to MPs not to criticize monetary or fiscal policy? Sunday’s warning by House Speaker Ali Abdel Aal that representatives could face the House ethics committee for criticising Egypt’s monetary and fiscal policies in the media was directed by none other than Central Bank Governor Governor Tarek Amer, according to “sources in parliament” speaking to Al Masry Al Youm. The newspaper claims Amer was targeting MPs who have appeared on television spouting non-CBE sanctioned data and viewpoints. AMAY says the CBE boss asked Abdel Al to investigate where they obtained their information — and offered to provide them with official CBE information, of course. Abdel Al said MPs had been “coached by institutions” to criticize monetary policy. Abdel Al is also coming under fire for having reportedly blocked MPs from accepting an invitation for policy training extended by the deputy speaker of Germany’s Bundestag.

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