Friday, March 8, 2013

Economist: the formation of the Council for Economic Reform is necessary to support the productive sectors

  08/03/2013

Baghdad (news) .. Economic expert called Salem Daini, to the need for the enactment of the establishment of the Council for Economic Reform to support vital sectors industrial Kalzeraih and tourism.
The Daini (of the Agency news): The all economic sectors of Balzraih, industrial and tourism are to be backward and is disabled as a result of the exceptional circumstances that gripped the country Kalhsar international imposed in the Nineties past and terrorist operations after a year (2003).

He added: You must think about how to restructure the economic sectors through the development of plans and policy clear and These Ataathakq only the existence of an independent board of economic and specialist consists of professional and experienced staff which can make studies and correct Almsart for the advancement of the national economy.

He pointed out: that this method successfully by all countries of the world, especially that circumstances were similar to Iraq, calling to benefit from international experiences to serve the national economy.
And suffer economic sectors in the country severely neglected by successive governments, despite the availability of ingredients that stimulate economic investment and strengthen the Iraqi economy. / End / 8. N. 

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Member of the economy: monetary policy pursued with the central bank seeks to create a balance between supply and demand for the dollar

  08/03/2013

Baghdad (news) .. A member of the economic and investment commission MP / National Alliance / Salman al-Moussawi, the monetary policy followed with the central bank as "good" as seeking to create a balance between supply and demand for hard currency.
Moussawi said (of the Agency news): The policy of the central bank to the sale of hard currency is supportive regulatory measures to the exchange rate of the Iraqi dinar, and requests from companies and banks adhered to in order to prevent money laundering and currency smuggling.

He added: can not be selling hard currency at the central bank auction or transfers of money abroad without controls and legal proceedings, and that these actions were tied, but at the same time helpful and supportive of the economy.

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The number of owners complained companies and banks from the central bank's measures in the public auction for the sale of hard currency, and stressed the difficulty of buying currency and converted to the outside, making there is a growing demand in the market to buy the dollar. / End / 8. N. P /