Economists are critical of Washington’s role in supporting the Iraqi economy
Baghdad, October 10 / October (Rn) – Iraqi economists criticized on Sunday, the U.S. role in supporting the Iraqi economy.
A member of the Iraqi organization to support the economy Muzaffar Hussein Yassin, told the Kurdish news agency (Rn) announced today that “The United States did not support over the past years for reasons of economy, Iraq is justified, as it was responsible for the functioning of economic systems in the country.”
He explained that “the United States did not work to establish a road map to get Iraq out of financial trouble trading in accordance with procedures in conformity with the conditions of the world.”
And the triumphant “There are real crises faced the Iraqi economy behind them and Washington, they were not serious about economic policy for Iraq.”
On the other hand, said a member of the Iraqi trade Jewels Nofal’s (Rn) that “Washington has not found its clarity on the structure of the economy of Iraq, because of overlapping legislation approved by the Iraqi law, the Central Bank and the Ministry of Finance, as well as the fact that every government that Iraq’s leadership has a different agenda from the previous government in the management of the Iraqi economy. “
She noted that “Washington has failed to transform Iraq from the socialist system to the capitalist system, and tried to merge the two systems is that it would be damaging the future of the Iraqi economy.”
And she continued, “He was supposed to play a significant role in Washington to remove Iraq from Section VII and return Iraqi money that is still stuck in a number of countries.”
Iraq had signed an agreement with an emergency International Monetary Fund to bail him out of the inflation experienced by the financial Moisnath in the last two years called the SPA3 and concluded in June 2010.
The Convention provides for the granting of loans and Iraq for the Advancement of Bmoisnath in the coming years.
Revealed the Iraqi Finance Ministry earlier in the meeting most of its problems with the Central Bank of Iraq, especially after the last deliberately to reduce the financial reserves of the surplus from 20% to 15%.
And founded the Iraqi Central Bank, which is head quartered in Baghdad and has four branches in Basra and Sulaymaniyah, Irbil and Mosul, an independent Iraqi bank under the law of the Central Bank of Iraq issued on the sixth of March 2004.
The Bank is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and management of foreign reserves and the issuance of currency management, as well as to regulate the banking sector.
He denied the Iraqi Central Bank over the weekend, reports that his decision to raise three zeroes from the Iraqi currency.
https://mail.google.com/mail/?shva=1...b96a40bfe699c1
Baghdad, October 10 / October (Rn) – Iraqi economists criticized on Sunday, the U.S. role in supporting the Iraqi economy.
A member of the Iraqi organization to support the economy Muzaffar Hussein Yassin, told the Kurdish news agency (Rn) announced today that “The United States did not support over the past years for reasons of economy, Iraq is justified, as it was responsible for the functioning of economic systems in the country.”
He explained that “the United States did not work to establish a road map to get Iraq out of financial trouble trading in accordance with procedures in conformity with the conditions of the world.”
And the triumphant “There are real crises faced the Iraqi economy behind them and Washington, they were not serious about economic policy for Iraq.”
On the other hand, said a member of the Iraqi trade Jewels Nofal’s (Rn) that “Washington has not found its clarity on the structure of the economy of Iraq, because of overlapping legislation approved by the Iraqi law, the Central Bank and the Ministry of Finance, as well as the fact that every government that Iraq’s leadership has a different agenda from the previous government in the management of the Iraqi economy. “
She noted that “Washington has failed to transform Iraq from the socialist system to the capitalist system, and tried to merge the two systems is that it would be damaging the future of the Iraqi economy.”
And she continued, “He was supposed to play a significant role in Washington to remove Iraq from Section VII and return Iraqi money that is still stuck in a number of countries.”
Iraq had signed an agreement with an emergency International Monetary Fund to bail him out of the inflation experienced by the financial Moisnath in the last two years called the SPA3 and concluded in June 2010.
The Convention provides for the granting of loans and Iraq for the Advancement of Bmoisnath in the coming years.
Revealed the Iraqi Finance Ministry earlier in the meeting most of its problems with the Central Bank of Iraq, especially after the last deliberately to reduce the financial reserves of the surplus from 20% to 15%.
And founded the Iraqi Central Bank, which is head quartered in Baghdad and has four branches in Basra and Sulaymaniyah, Irbil and Mosul, an independent Iraqi bank under the law of the Central Bank of Iraq issued on the sixth of March 2004.
The Bank is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and management of foreign reserves and the issuance of currency management, as well as to regulate the banking sector.
He denied the Iraqi Central Bank over the weekend, reports that his decision to raise three zeroes from the Iraqi currency.
https://mail.google.com/mail/?shva=1...b96a40bfe699c1