Abadi adviser to retreat from the new salary scale

by **Ponee** Wed Nov 04, 2015 9:12 am

News Network Iraq Advisory Group recommended to the prime minister of reneging on new salary scale in order to avoid further congestion in Alstreet.khv that a senior government source said: "The recommendations stated on several alternatives to make up for the deficit in the financial budget instead of the new peace, most notably float currency for the high price of the dollar against the Iraqi dinar, "noting that" the decline of the Iraqi dinar exchange rate will allow the government an important part of the dollar in the treasury, especially since the proposed scheme provides for the possibility of a strong dollar because of the float to more than 1,500 dinars, instead of (1180) dinars to the dollar. "He added that" this measure is expected to provide the Treasury about 3 trillion dinars per year, which makes up what has been reliable of financial abundance because of reduced allocations several ministries, which sparked protests and popular discontent overwhelming ".sv also the source for the "Undo advisers Abadi for him the new salary, after he had recommended issuing lingered apply, or undo it once and for all, as opposed to float the currency," .otaoam currency is a system of "free exchange rate", ie the central bank to determine the dollar exchange rate in accordance with the directions demand and supply, ie, if demand for the dollar in the foreign exchange market has increased (dollar market), the dollar exchange rate tends to rise, and if the demand for the dollar has fallen, the dismissal rate tends toward Alankhvad.oumany so that the dollar exchange rate will be subject to waves of demand and supply them, so it was on this system to float the currency "Floating", leaving any floating currency value rise and fall with demand and supply waves.

11.04.2015

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