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Abadi adviser describes the proposal to give the employees' salaries in dollars to "make an incorrect"
June 22, 2015 22:30
Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, Monday description, a proposal to give the employees' salaries in dollars to "conduct is incorrect," saying it would lead to "choke" channels of supply and demand. Saleh said in an interview that "the Central Bank presents hard currency for sale but there 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 offers from the bank for the banks and the other from the last to the market, as well as also two requests from citizens and the banks of the bank "
And on a proposal to give the employees' salaries in dollars, Saleh stressed that "the proposal to give the staff of the easy exits salaries action is incorrect because it would create a bottleneck channels supply and demand and thus harm 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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June 22, 2015 22:30
Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, Monday description, a proposal to give the employees' salaries in dollars to "conduct is incorrect," saying it would lead to "choke" channels of supply and demand. Saleh said in an interview that "the Central Bank presents hard currency for sale but there 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 offers from the bank for the banks and the other from the last to the market, as well as also two requests from citizens and the banks of the bank "
And on a proposal to give the employees' salaries in dollars, Saleh stressed that "the proposal to give the staff of the easy exits salaries action is incorrect because it would create a bottleneck channels supply and demand and thus harm 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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