Citizens complain about rising prices and stress: the dollar confounded the Iraqi market

Citizens complain about rising prices and stress: the dollar confounded the Iraqi market

3.27.2015 14:57

Citizens complain about rising prices and stress - the dollar confounded the Iraqi marketLong-Presse / Baghdad
Iraqi citizens complained, on Friday, rising prices of materials and goods in the Iraqi market, and demanded that the Iraqi government with the support and follow-up and determine the prices of goods in the Iraqi market, confirmed that the instability of the dollar was behind the confusion of the Iraqi market.
A spokesman Mandalawi one working in the sale of hard currency beautiful market trade in an interview with the (long-Presse) that “the policy of the Central Bank of Iraq is wrong because they are not supportive of the Iraqi markets, but on the contrary is deliberately to raise hard currency market, they sell the dollar for banking companies in the amount of 1195 Iraqi dinars and in turn sell it at $ 1280 and 1290 dinars, “noting that” this way contributed significantly to raising the prices of goods and most of the materials in the Iraqi market and always what this is reflected on the selling and buying of the Iraqi citizen. “
For his part owner of a men’s clothing wholesale shop Yusuf Mohammed in an interview said (range Press) “The recent decision of the tax imposed by the Central Bank of Iraq and was reflected in the rest of the Iraqi banks that we deal with the transfer of funds to import goods from Arab and international origins unfair too because they proceeded to doubling the amount of the transfer, which was previously unknown does not exceed US $ 50 per hundred thousand dollars, but after the decision issued and served upon the banks that percentage rose to $ 100. “
He added that “such decisions is a deliberate always reflected primarily on Iraqi consumers because it will face a rise in the prices of goods and the reason is due to raise the price of imported materials automatically with any tax faced by the importer,” noting that “the Shorja known overcrowding citizens become stagnant in terms of both buying and selling market The main reason to the dollar exchange rate and taxes that have been imposed. “
Turn citizenship Umm Mohammed said in an interview with the (long-Presse) that “that seen in the Iraqi market from the high cost and the high prices of food and non-food is scare most segments of Iraqi society of low income,” pointing out that “the average citizen who does not have a government job can not The simplest buy food, which began a marked escalation particularly high hard currency, which is always a reason to change the Iraqi market climate. “
Umm Mohammed added that “the Iraqi government and decision-makers must have a supportive attitude of the Iraqi citizen of the rise in food prices as support the local agricultural sector, plants or even imported materials and follow-up of the Iraqi market to determine the prices of goods so that there is no manipulation can affect the Iraqi citizen. “
The dollar price in the local market before the Iraqi dinar for up to 1130 selling price of the Iraqi dinar against the one after that 1120 was one of the dinar in the past month.
He was prime minister for economic affairs adviser to the appearance of Mohammed Saleh, said Thursday (26-3-2015), the Economic Committee of the Cabinet decision on the admissibility of the instruments from private banks to pay taxes as “supports the financial liquidity of the state,” as he pointed out that the bank Central went to move the liquidity in the private banks.
The CBI had announced his statement Tuesday (March 24, 2015) for the approval of the Economic Committee of the Council of Ministers on the central bank to accept a proposal issued by private banks instruments to pay all taxes and fees and without a fixed roof.

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