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Iraq gov't warns of economic replacement ration cash
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Iraq gov't warns of economic replacement ration cash
21-12-2014 03:06 PM
Iraqi economic expert confirmed that the state has stopped supplying the Iraqi family vocabulary ration card, and compensated cash allowance, will generate scarcity in the supply of these materials, and this scarcity will generate an increase in demand without a display commodity fill this gap, an alarm to create a new inflationary pressure.
She peace Sumaisem, in a press statement, seen by (newsletter): Instead of paying cash for the ration card items will reflect negatively on the local market.
She said, that 'pumping cash allowance for any amount, is a way to pay for inflationary force pay for the Iraqi family and the middle class in general, saying, An'anaadam provide state of these materials will generate scarcity in the supply of these materials and the scarcity will generate an increase in demand without a display commodity fill this gap, an alarm bell to create a new inflationary pressure '.
Confirmed, that the 'cash allowance relieves pressure on the ration card overhead and on the budget, but it is in fact a significant inflationary pressure Alomrcillold and the lack of supply in the food.'
The Committee on Economic Affairs had discussed last week, the reform of the ration card and support the private sector.
The Committee commissioned an economic advisor to the Prime Minister, Mohammed Saleh appearance in coordination with the Ministry of Commerce, the adoption of instructions to facilitate the import and export and direct statement ministries material that you want to export operations.
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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