The parliamentary economic: rising food prices caused by the budget and the collapse of the phantom Iraqi dinar

The parliamentary economic: rising food prices caused by the budget and the collapse of the phantom Iraqi dinar





8/8/15


BAGHDAD - Iraq Press - August 7 / August: Economic Commission parliamentary showed, that the reasons for rising food prices in the Iraqi market, lies in that "a lot of ministries when addressing the Ministry of Finance entitlements, given less than allocated from funds in addition to the deterioration of prices exchange rate of the Iraqi dinar against the dollar. "
She continued, "The economic side of the reasons for the deterioration in the country, lack of health figures also installed in the general budget and voted on by the House of Representatives for 2015, to fake it," claim of the budget sent to parliament in this case to take responsibility. "
The agency said "some of the staff came out demonstrations for non-fulfillment of their rights and their ministries and it was due to non-receipt of ministries to budget sufficient to cover college expenses." Ended O.h



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gosh never has it been more clear how inept these so called economic experts are in the Parliament.

they are reciting data that has a lag time attached to it. we know the dinar exchange rate has recovered and next months data will reflect a much different environment.


I like the new GCR for Iraq as was expected. Now it gets real interesting.