Our economy is still strong and the development of the country has not reached the stage of inflation
Abadi consultant: our economy is still strong and the development of the country has not reached the stage of inflation
07/14/2015 09:58
Tomorrow Press / Baghdad: criticized the Economic Adviser to the Prime Minister the appearance of Mohammed Saleh, Tuesday, look Some economists pessimistic for the market, noting that the Iraqi market is a kind of oscillations and this is normal and suffers from Iraq is not inflation, but a bit of a downturn. Saleh said for “tomorrow Press “,” Since the beginning of the year there is a difference in selling the dollar between the bank rate and the market price by 2%, and this means that there are two markets any deviation in the market, but this simple deviation and therefore is comprehended, “attributing the” why move these deviations at the moment to action fiscal policy and its impact on monetary policy. ” He added that “the central bank was able to meet the demand of the market and address the imbalance when sales doubled dramatically,” pointing to “the absence of any threat to the Iraqi market, because Iraq still has the export of oil get the government through the daily revenues and what is happening in the dollar is the fluctuation in the prices only and there is the rise of a future for its price. ” Saleh explained that “the Iraqi economy has so far not reached the inflation stage and market prices still stable, but the phase experienced by Iraq at the present time contraction and weak demand” unlikely ” Dollar rises too much and get market collapses in the future. ”
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