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Investment: money in State banks caused inflation in Iraq
Member of the Board of investment said Dr. Thaer feeli can solve the housing crisis by moving the funds frozen in State banks, Rafidain and Rasheed that they cost the country two defeats are the inflation through interest rate and the problem of economic growth not invested. "there is the possibility in the faily development this massive funds through loans to citizens in projects like the rest of the world, such as Egypt, the UAE, Lebanon and even in Kurdistan. According to newspaper of integrity
He pointed out that there are non-involved in the problem leading to the fragmentation and multiplicity and poor coordination among them, stressing the need for coordination between the Board of investment and the Ministry of housing and reconstruction in housing. Feili counting the proposal put forward by the planning Ministry and other ministries which includes the establishment of a "Development Bank" to support investment projects with important and effective, especially in housing projects, as well as the potential to solve many other problems including severe unemployment problem with labour in building residential complexes, let alone solve the problem of stagnated The economic market.
The Ministry of planning, said lower inflation index for the month of March last by 0.1%, while the annual inflation rose by 2%, while the index of food and Housing Department continues to significantly affect the rise and fall of inflation., said Ministry spokesman Abdul Zahra Al-Hindawi said the Central Bureau of statistics, Ministry of planning, the inflation report was completed March 2014 based on field data collection on prices of goods and services of the consumer basket sample outlets In all the governorates of Iraq ", adding that" these are goods and services, including food, rent, transportation and communications, health, education and other than one consumer "
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Member of the Board of investment said Dr. Thaer feeli can solve the housing crisis by moving the funds frozen in State banks, Rafidain and Rasheed that they cost the country two defeats are the inflation through interest rate and the problem of economic growth not invested. "there is the possibility in the faily development this massive funds through loans to citizens in projects like the rest of the world, such as Egypt, the UAE, Lebanon and even in Kurdistan. According to newspaper of integrity
He pointed out that there are non-involved in the problem leading to the fragmentation and multiplicity and poor coordination among them, stressing the need for coordination between the Board of investment and the Ministry of housing and reconstruction in housing. Feili counting the proposal put forward by the planning Ministry and other ministries which includes the establishment of a "Development Bank" to support investment projects with important and effective, especially in housing projects, as well as the potential to solve many other problems including severe unemployment problem with labour in building residential complexes, let alone solve the problem of stagnated The economic market.
The Ministry of planning, said lower inflation index for the month of March last by 0.1%, while the annual inflation rose by 2%, while the index of food and Housing Department continues to significantly affect the rise and fall of inflation., said Ministry spokesman Abdul Zahra Al-Hindawi said the Central Bureau of statistics, Ministry of planning, the inflation report was completed March 2014 based on field data collection on prices of goods and services of the consumer basket sample outlets In all the governorates of Iraq ", adding that" these are goods and services, including food, rent, transportation and communications, health, education and other than one consumer "
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