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Employ monetary policy to develop the production sector
7/13/2015 0:00
BAGHDAD - morning
confirmed an economist possibility of adaptation of monetary policy towards the enhancement of the real production sector in the country through the mechanisms used by the central bank.
He went economist Karim Mustafa in an interview for the "morning" that any rise in the dollar against the Iraqi dinar will contribute to the increase of import is reflected negatively on the viability of local production to compete in the market warning to the impact of this equation on the orientations of the executive authority in the search for new sources to diversify budget revenues through production.
it endorses Mustafa Madea him some economists in the importance of controlling banking experiencing the presence of hundreds and perhaps thousand banking and remittance market , through reduced and to encourage integration.
and recognized the importance of adding a very important mechanism which is restricting imports through letters of credit as is the case in all parts of the world, and added that he might be worth establishing a private bank for Documentary Credits to the private sector and other regulatory matters for Aitisa field here to address to it by Tobeirh.obescon determine the exchange rate of the dollar and other currencies Mustafa sees that many economists are beginning to call for setting a new rate of the dinar less than the current, Mustafa also demanding to float the exchange rate to be automatically according to the display mechanism and Tlb.obin Mustafa during his speech that the floating dollar exchange rate It will affect the standard of living, but returned and confirmed that the mitigation of this impact will be through several means.
He pointed to the issue of utmost importance regarding the constantly subsidies for fuel, water and electricity and vocabulary ration health sector and others, calling for a review of such sensitive topics and important in processors economic.
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7/13/2015 0:00
BAGHDAD - morning
confirmed an economist possibility of adaptation of monetary policy towards the enhancement of the real production sector in the country through the mechanisms used by the central bank.
He went economist Karim Mustafa in an interview for the "morning" that any rise in the dollar against the Iraqi dinar will contribute to the increase of import is reflected negatively on the viability of local production to compete in the market warning to the impact of this equation on the orientations of the executive authority in the search for new sources to diversify budget revenues through production.
it endorses Mustafa Madea him some economists in the importance of controlling banking experiencing the presence of hundreds and perhaps thousand banking and remittance market , through reduced and to encourage integration.
and recognized the importance of adding a very important mechanism which is restricting imports through letters of credit as is the case in all parts of the world, and added that he might be worth establishing a private bank for Documentary Credits to the private sector and other regulatory matters for Aitisa field here to address to it by Tobeirh.obescon determine the exchange rate of the dollar and other currencies Mustafa sees that many economists are beginning to call for setting a new rate of the dinar less than the current, Mustafa also demanding to float the exchange rate to be automatically according to the display mechanism and Tlb.obin Mustafa during his speech that the floating dollar exchange rate It will affect the standard of living, but returned and confirmed that the mitigation of this impact will be through several means.
He pointed to the issue of utmost importance regarding the constantly subsidies for fuel, water and electricity and vocabulary ration health sector and others, calling for a review of such sensitive topics and important in processors economic.
[You must be registered and logged in to see this link.]
