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Abadi consultant: our economy is still strong and the development of the country has not reached the stage of inflation
07/14/2015
Tomorrow Press / Baghdad: criticized the Economic Adviser to the Prime Minister the appearance of Mohammed Saleh, Tuesday, some economists pessimistic view of the market, noting that the Iraqi market is a kind of oscillations and this is normal and what is not Iraq suffers from inflation, but a bit of a downturn.
Saleh said for "tomorrow Press," "Since the beginning of the year there is a difference in selling the dollar between the bank rate and the market price by 2%, and this means that there are two markets any deviation in the market, but this simple deviation and therefore is comprehended," attributing the "why move these deviations at present to fiscal policy measures and their impact on monetary policy. "
"The central bank was able to meet the demand of the market and address the imbalance when sales doubled dramatically," pointing to "the absence of any threat to the Iraqi market, because Iraq still has the export of oil get the government through the daily revenue and what is happening in the dollar is fluctuating in prices only rise and there is no future for its price. "
Saleh explained that "the Iraqi economy has so far not reached the stage of inflation and market prices still stable, but the phase experienced by Iraq at the present time contraction and weak demand," ruling out "a strong dollar and a lot for the market collapses in the future."
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07/14/2015
Tomorrow Press / Baghdad: criticized the Economic Adviser to the Prime Minister the appearance of Mohammed Saleh, Tuesday, some economists pessimistic view of the market, noting that the Iraqi market is a kind of oscillations and this is normal and what is not Iraq suffers from inflation, but a bit of a downturn.
Saleh said for "tomorrow Press," "Since the beginning of the year there is a difference in selling the dollar between the bank rate and the market price by 2%, and this means that there are two markets any deviation in the market, but this simple deviation and therefore is comprehended," attributing the "why move these deviations at present to fiscal policy measures and their impact on monetary policy. "
"The central bank was able to meet the demand of the market and address the imbalance when sales doubled dramatically," pointing to "the absence of any threat to the Iraqi market, because Iraq still has the export of oil get the government through the daily revenue and what is happening in the dollar is fluctuating in prices only rise and there is no future for its price. "
Saleh explained that "the Iraqi economy has so far not reached the stage of inflation and market prices still stable, but the phase experienced by Iraq at the present time contraction and weak demand," ruling out "a strong dollar and a lot for the market collapses in the future."
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