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Two month old article.. But goes along with BL afternoon chat today..

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dogsnova

dogsnova
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Thank You for this article "thebigzuker"

Date: Monday 10-10-11 08: 45 am

He specialized in Economic Affairs, Ali dargham that the volume of currency on the domestic market (4) trillion dinars, controlled by the Central Bank and this would prevent inflation for next year, noting that most State ministries need not functional degrees and they suffer from functional slouch that would adversely affect the investment budget and will reverse him on the Iraqi economy.
Said Mohammad Ali, told reporter (News Agency news) Monday: "the question of inflation is contained in the coming months because the Central Bank of control over the currency on the domestic market and $ 4 trillion dinars and also control the exchange rate is a measure of price of goods from abroad and the money supply in the market."
Noted: that the Central Bank works to absorb Iraqi dinar through put further dollar, through the use of interest rate instruments that can control this issue, which will make every Iraqi citizen money instead of spending this works to withdraw cash from the market
Mohamed on most government ministries are not in need of functional degrees and they suffer from functional and therefore will increase slouch in operational spending at the expense of development investment reflected negatively on the country's economy.
The Iraqi economy has witnessed unprecedented serious inflation based on the totality of press reports and summary economic studies and seminars on this aspect as well as the concrete facts on the ground have decreased the real value of money in Iraqi market visibility, large quantities are not sufficient to purchase a product or service is simple, to become the follow-up process to increase the prices of goods and goods and services in Iraq to assess their practical difficulties beset, due to the constant increase in prices./finished/12 n. y..

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