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Iraqi economy between recession and markets fear the citizen
Fri Jul 03 2015 4:04 a.m.
(Voice of Iraq) - Baghdad / Firas Majid witnessing shops and popular markets in the capital and the provinces a large recession and paralysis in trading because of austerity and the fear of buying and selling, which led to the death of the Iraqi trade for the current period as carried the Baghdad Chamber of Commerce responsibility for what is happening to the wrong policies of the Iraqi government in the demise of Industrial and domestic production. confirms dealers for (Baghdad news) that the most important reasons for depression and apathy winning in buying and selling financial transactions caused by the crisis in Iraq is of an austerity policy affected the rate of the Iraqi economy movement is currently what is happening slow a transaction so that led those austerity policies to make a big gash suffered by the economic movement in the country is now without any measures pursued by the government to reform the wheel and spin vortex economy present time and save what can be saved, warning at the same time the risk of persistence of state policy neglect of the Iraqi economy, traders and dealers financially in bring goods and supply. merchant Abu Mohammed of Shorja area describes the current events taking place in the Iraqi commercial market inevitably paralyzed who has not seen the economic movement many years ago. He said Abu Mohammed, he said apathy financial transactions and operations of buying and selling hit economy full recession which Maaada damage to deep can not be avoided from by traders alone and the government should intervene to save the economy and the continuation of the conduct of trade wheel. For his part, one traders electronic materials and electrical appliances in the Karrada district says Salim Kadhim and called the commercial market is dead this time of Matanih government of austerity and deficit Bmoisnadtha Magll import coming from abroad size because of weak demand on what exists of goods and goods to the size of apathy witnessed in Baghdad markets. According to Kadhim said many traders have abandoned their profession due to be inflicted great losses due to stockpiling of goods billions without any discharge operations due to weak sales and purchases of citizens operations, noting that most of them now think in the heart of his dealings from trade to other professions or shut down their shops and business conduct of their workers as a result of the debt that befell their shoulders by the importation of goods large amounts of money and not discharged. But Ahmed Kamel dealer also says that the fires that swept the Shorja area for the previous period led to the abandonment of many traders for their careers in handling trade because they have suffered from huge financial losses because of the loss of a lot of money for the loss of their goods stored as a result of those fires. He said full that the government and instead support the economy and strengthen it began dealing in tax laws apply to customs and tariffs, which affected the import of goods from overseas countries and is what is happening is a big gap in the heart of the local Iraqi economy and regional levels. economist cream Bahadli stressed that Maimer by the Iraqi economy from recession and lackluster financial transactions and non-discharge of goods caused by the financial crisis for the government and the policies of austerity that led to the weakness of those transactions and the lack of financial liquidity of Iraqi citizens in general. He Bahadli in his speech (Baghdad news) to a large concern among citizens currently buy any needs except for the necessary life for their eagerness not to dispel what they own financial savings for a newcomer pregnant days of surprises, which is going from recession to chill to the paralysis of the mechanism of rotation wheel of economy and trade, let alone stop granted by the state financial loan volume and advances that were given to employees, retirees and taxes in addition, the security situation is enduring now and that made the citizen thinks of saving less financial coin of his squandered in buying things and needs is the richness of her now. Turn The Vice President of the Chamber of Commerce of Baghdad, Salah al-Waeli government responsible for what is happening from Depression and apathy of the Iraqi economy currently. Waili said in a statement (Baghdad news) that the government is the cause now in the death of trade wheel because of its past policies for the period fact that productivity of factories stopped working and workers have been laid off so that was importing water from Kuwait, asphalt and glass sand from Jordan likes the death of Iraqi industry fully and wrong policies traded from decision-makers, indicating that not to put the right man in the right place was a major cause in the elimination of industry and production and lack of rehabilitation and dependence on imports under the dependence on oil as a product essential process of functioning of the state. He Waeli "The policies wrong led to a decline in the value of the Iraqi dinar and Maitbah of purchase systematic hard currency which is controlled by mafias and hidden Iyad for export abroad, as the Iraqi Trade is moving towards extinction without processors solutions for a stopover on his feet again. " The Deputy Chairman of the Chamber of Commerce of Baghdad, said a tax increase time this is wrong and will lead to damage to the simple due to high prices citizen in the coming days on the food and we are embarking on the holy month of Ramadan through the wrong policies hit the trade wheel paralyzed inevitable. And went Waeli, saying that the most important violations that harmed the Iraqi economy is the ration card file and an example the distribution of State for flour which costs the Ministry of Commerce per bag 35 000 dinars, and the citizen to sell at a price of 8000 dinars because of its suitability for kneading and use a sequential mistakes hurt the Iraqi economy. Baghdad news Add Comment
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Fri Jul 03 2015 4:04 a.m.
(Voice of Iraq) - Baghdad / Firas Majid witnessing shops and popular markets in the capital and the provinces a large recession and paralysis in trading because of austerity and the fear of buying and selling, which led to the death of the Iraqi trade for the current period as carried the Baghdad Chamber of Commerce responsibility for what is happening to the wrong policies of the Iraqi government in the demise of Industrial and domestic production. confirms dealers for (Baghdad news) that the most important reasons for depression and apathy winning in buying and selling financial transactions caused by the crisis in Iraq is of an austerity policy affected the rate of the Iraqi economy movement is currently what is happening slow a transaction so that led those austerity policies to make a big gash suffered by the economic movement in the country is now without any measures pursued by the government to reform the wheel and spin vortex economy present time and save what can be saved, warning at the same time the risk of persistence of state policy neglect of the Iraqi economy, traders and dealers financially in bring goods and supply. merchant Abu Mohammed of Shorja area describes the current events taking place in the Iraqi commercial market inevitably paralyzed who has not seen the economic movement many years ago. He said Abu Mohammed, he said apathy financial transactions and operations of buying and selling hit economy full recession which Maaada damage to deep can not be avoided from by traders alone and the government should intervene to save the economy and the continuation of the conduct of trade wheel. For his part, one traders electronic materials and electrical appliances in the Karrada district says Salim Kadhim and called the commercial market is dead this time of Matanih government of austerity and deficit Bmoisnadtha Magll import coming from abroad size because of weak demand on what exists of goods and goods to the size of apathy witnessed in Baghdad markets. According to Kadhim said many traders have abandoned their profession due to be inflicted great losses due to stockpiling of goods billions without any discharge operations due to weak sales and purchases of citizens operations, noting that most of them now think in the heart of his dealings from trade to other professions or shut down their shops and business conduct of their workers as a result of the debt that befell their shoulders by the importation of goods large amounts of money and not discharged. But Ahmed Kamel dealer also says that the fires that swept the Shorja area for the previous period led to the abandonment of many traders for their careers in handling trade because they have suffered from huge financial losses because of the loss of a lot of money for the loss of their goods stored as a result of those fires. He said full that the government and instead support the economy and strengthen it began dealing in tax laws apply to customs and tariffs, which affected the import of goods from overseas countries and is what is happening is a big gap in the heart of the local Iraqi economy and regional levels. economist cream Bahadli stressed that Maimer by the Iraqi economy from recession and lackluster financial transactions and non-discharge of goods caused by the financial crisis for the government and the policies of austerity that led to the weakness of those transactions and the lack of financial liquidity of Iraqi citizens in general. He Bahadli in his speech (Baghdad news) to a large concern among citizens currently buy any needs except for the necessary life for their eagerness not to dispel what they own financial savings for a newcomer pregnant days of surprises, which is going from recession to chill to the paralysis of the mechanism of rotation wheel of economy and trade, let alone stop granted by the state financial loan volume and advances that were given to employees, retirees and taxes in addition, the security situation is enduring now and that made the citizen thinks of saving less financial coin of his squandered in buying things and needs is the richness of her now. Turn The Vice President of the Chamber of Commerce of Baghdad, Salah al-Waeli government responsible for what is happening from Depression and apathy of the Iraqi economy currently. Waili said in a statement (Baghdad news) that the government is the cause now in the death of trade wheel because of its past policies for the period fact that productivity of factories stopped working and workers have been laid off so that was importing water from Kuwait, asphalt and glass sand from Jordan likes the death of Iraqi industry fully and wrong policies traded from decision-makers, indicating that not to put the right man in the right place was a major cause in the elimination of industry and production and lack of rehabilitation and dependence on imports under the dependence on oil as a product essential process of functioning of the state. He Waeli "The policies wrong led to a decline in the value of the Iraqi dinar and Maitbah of purchase systematic hard currency which is controlled by mafias and hidden Iyad for export abroad, as the Iraqi Trade is moving towards extinction without processors solutions for a stopover on his feet again. " The Deputy Chairman of the Chamber of Commerce of Baghdad, said a tax increase time this is wrong and will lead to damage to the simple due to high prices citizen in the coming days on the food and we are embarking on the holy month of Ramadan through the wrong policies hit the trade wheel paralyzed inevitable. And went Waeli, saying that the most important violations that harmed the Iraqi economy is the ration card file and an example the distribution of State for flour which costs the Ministry of Commerce per bag 35 000 dinars, and the citizen to sell at a price of 8000 dinars because of its suitability for kneading and use a sequential mistakes hurt the Iraqi economy. Baghdad news Add Comment
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