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Abadi adviser describes the salaries of "Modvin" proposal to the dollar to "hold an incorrect"
22/06/2015 Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, described Monday, a proposal to give the employees' salaries in dollars to "hold is incorrect," saying it would lead to "choke" channels of supply and demand. Saleh said, The "The central bank displays hard currency for sale but there are banking and financial channels exercised the role of the monopoly on the currency and the escalation of price speculation," adding that "this monopoly leads to the first two performances of the Bank for the banks and the other from the last to the market, as well as also two requests from citizens and banks to the bank." And on the a proposal to give the employees' salaries in dollars, Saleh stressed that "the proposal to give the staff of the easy exits the salaries of conduct is not true because it would create a bottleneck channels supply and demand and therefore detrimental to the public interest," explaining that "the right way out is to provide a view of the dollar on the right bank by not monopolistic entities" . He continued that "the function of the central bank, is the stability of the exchange position of the dollar, and defends the exchange of foreign currency rate." The member of the Economic Committee in the House of Representatives Nora Albjara suggested on Friday (June 19, 2015), employees' salaries to the dollar exchange rate instead of the dinar in order to avoid high dollar exchange rate again, while the central bank described the action as "timid".
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22/06/2015 Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, described Monday, a proposal to give the employees' salaries in dollars to "hold is incorrect," saying it would lead to "choke" channels of supply and demand. Saleh said, The "The central bank displays hard currency for sale but there are banking and financial channels exercised the role of the monopoly on the currency and the escalation of price speculation," adding that "this monopoly leads to the first two performances of the Bank for the banks and the other from the last to the market, as well as also two requests from citizens and banks to the bank." And on the a proposal to give the employees' salaries in dollars, Saleh stressed that "the proposal to give the staff of the easy exits the salaries of conduct is not true because it would create a bottleneck channels supply and demand and therefore detrimental to the public interest," explaining that "the right way out is to provide a view of the dollar on the right bank by not monopolistic entities" . He continued that "the function of the central bank, is the stability of the exchange position of the dollar, and defends the exchange of foreign currency rate." The member of the Economic Committee in the House of Representatives Nora Albjara suggested on Friday (June 19, 2015), employees' salaries to the dollar exchange rate instead of the dinar in order to avoid high dollar exchange rate again, while the central bank described the action as "timid".
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