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Economists: the composition of the government is working to increase its imports from the Iraqi currency and provide liquidity for the payment of public sector salaries
August 21, 2015
Baghdad
With the continued decline in oil prices and access to low levels raises fears of economic impact on the financial situation in the country and the state's inability to pay salaries to its employees and those fears come after the arrival of barrels of oil to forty dollars per barrel.
And in front of this association Visions Group experts believe it will enable the government to avoid a financial crisis-delivery Sttrkha low oil prices.
On this issue, he said the head of the Iraqi National Business Council David Abdul Zayer "The government is now required to stop selling the dollar at the central bank auction and specifically purchase invoices economic goods that cause emptied the country of hard currency."
He added that "after controlling for the dollar and prevent the sale for goods is not necessary to be that the formation of body carrying it upon themselves to put quick steps to inflate the country's imports of the local currency in order to ensure the continuity of cash flow and maintain the arrival of salaries to public sector employees."
Zayer said that "every Iraqi ministry has outlets to collect the money that was through audits and fees, land or real estate is invested", stressing that it "measures can be described Btarih to overcome the crisis, while the decline in oil prices."
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August 21, 2015
Baghdad
With the continued decline in oil prices and access to low levels raises fears of economic impact on the financial situation in the country and the state's inability to pay salaries to its employees and those fears come after the arrival of barrels of oil to forty dollars per barrel.
And in front of this association Visions Group experts believe it will enable the government to avoid a financial crisis-delivery Sttrkha low oil prices.
On this issue, he said the head of the Iraqi National Business Council David Abdul Zayer "The government is now required to stop selling the dollar at the central bank auction and specifically purchase invoices economic goods that cause emptied the country of hard currency."
He added that "after controlling for the dollar and prevent the sale for goods is not necessary to be that the formation of body carrying it upon themselves to put quick steps to inflate the country's imports of the local currency in order to ensure the continuity of cash flow and maintain the arrival of salaries to public sector employees."
Zayer said that "every Iraqi ministry has outlets to collect the money that was through audits and fees, land or real estate is invested", stressing that it "measures can be described Btarih to overcome the crisis, while the decline in oil prices."
[You must be registered and logged in to see this link.]
