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Member of the Economic Committee: budget allocations will not raise rates of inflation
On: Sun 26/02/2012 13:26
Baghdad (news) .. Ruled out by the Economic Commission for MP / coalition in Iraq / Nora Salem high rates of inflation in the country to coincide with the launch of the financial allocations of the budget to reach the public, although the proportion of the operating budget (79%).
The Salem (of the Agency news) said on Sunday: There are no significant changes on the overall paragraphs of the general budget when it was approved only a few paragraphs, especially in the operating budget as it hit rate (79%), despite the lack of increase in salaries of employees and retirees.
She added that the high rates of inflation depends on the current conditions experienced by the country, whether economic or political, stressing that the political problems and frequent talk about the project to delete the three zeroes from the currency fluctuation and exchange rate of the dinar against the U.S. dollar played a role in raising the rate of inflation.
She pointed out: that the public budget allocations for this year when it is released will not lead to higher inflation as a constant and similar to the budgets of previous years.
The domestic market is witnessing a slight increase for some food prices and commodities as well as a slight rise to an index rate of inflation, raising fears of economic experts from the high rates of inflation over the launch of the public budget allocations that the operating budget greater than the investment. / Finished / 8. D. Q /
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On: Sun 26/02/2012 13:26
Baghdad (news) .. Ruled out by the Economic Commission for MP / coalition in Iraq / Nora Salem high rates of inflation in the country to coincide with the launch of the financial allocations of the budget to reach the public, although the proportion of the operating budget (79%).
The Salem (of the Agency news) said on Sunday: There are no significant changes on the overall paragraphs of the general budget when it was approved only a few paragraphs, especially in the operating budget as it hit rate (79%), despite the lack of increase in salaries of employees and retirees.
She added that the high rates of inflation depends on the current conditions experienced by the country, whether economic or political, stressing that the political problems and frequent talk about the project to delete the three zeroes from the currency fluctuation and exchange rate of the dinar against the U.S. dollar played a role in raising the rate of inflation.
She pointed out: that the public budget allocations for this year when it is released will not lead to higher inflation as a constant and similar to the budgets of previous years.
The domestic market is witnessing a slight increase for some food prices and commodities as well as a slight rise to an index rate of inflation, raising fears of economic experts from the high rates of inflation over the launch of the public budget allocations that the operating budget greater than the investment. / Finished / 8. D. Q /
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