the power of the Iraqi dinar was the cause of the growth of the economy of neighboring countries

by **Ponee** Sun Jun 28, 2015 12:17 pm

Said Governor of the Central Bank on the Keywords, Saturday, liberation Bank of specifying a particular roof of the sales dollar, stressing that the Iraqi dinar strength which cost the state treasury amounts of expensive was the cause of the growth of the economies of neighboring countries.

the power of the Iraqi dinar was the cause of the growth of the economy of neighboring countries 533926715285

Dr. Ali Keywords in a seminar monetary difficulties and the position of the central bank towards them hosted by the progress of the policy development attended imn.iq the website of the Iraqi Media Network Institute, said that "the central bank can not be committed to the decision sale 75-120 million dollars a day as stated in the decision of the general budget for 2015, as well as the suspended duties and taxes amounting to 8% on operations are met currency sale, "noting that" the bank was able to maintain the exchange rate in a balanced and acceptable and exceeded inflation, which loomed heralds two weeks before the option. " He said the central bank governor, said the "Edit sales ceiling process needs to control by the authority scrutinize the money source for fear of getting caught in the nets of corruption and money laundering, "stressing that" the Central Bank is currently working on the development of regulatory mechanisms through the opening of an office within the central bank's anti-money laundering crimes. " He Keywords that "the central bank make great efforts to strengthen the dinar cost the state huge amounts of money, this process leads to attract investment, but unfortunately, the power of the Iraqi dinar was the cause of the growth of the economies of neighboring countries, which is imported by Iraq of all its needs, "citing the" exit of at least 70% of hard currency from the sale of oil to the outside of the lack of local produce such as industry and agriculture and tourism. " He continued that "demand for the dollar factors that must be given much attention by the government and parliament and academics to develop a real bases that guarantee treatment anomalies in the Iraqi economy in a comprehensive manner away from the prosthetic processors," pointing out that "the budget items are subject to an economic vision which lead more rentier and the distribution of money without creating productive investment and expand the economic base. "

http://www.imn.iq/news/view.70062/