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Representative proposes financial breakdown (50%) Of staff salaries in USD to support the Iraqi dina

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Hkp1
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Representative proposes financial breakdown (50%) Of staff salaries in USD to support the Iraqi dina

Post by Hkp1 on Wed 15 May 2013, 2:24 pm

Representative proposes financial breakdown (50%) Of staff salaries in USD to support the Iraqi dinar exchange rate


Ali Salman-15/05/2013-5: 50 pm


The
parliamentary Finance Committee proposed distribution rate (50%) Of
State salaries in hard currency to prevent monopoly of the US dollar and
to support the Iraqi dinar exchange rate.

Committee member
MP//Abdul Hussein Al-yasiri, the Financial Committee met with the
Governor of the Central Bank agency and discussed matters concerning
monetary policy and the main reasons for the decline in value of the
Iraqi dinar against the dollar.

And: the sale of hard currency to
banks and some companies are almost monopolistic operation of certain
other parties, stressing that the Central Bank was puzzled by how to
save hard currency market and deliver it to those who need it.

He
added: the parliamentary Finance Committee submitted a proposal to
distribute a percentage (50%) Of the salaries of State employees by USD,
for an employee to sell it into the market and hence the dollar and
will be available in the market, and thus lead to lower its price,
prevents the monopoly currency for certain contacts. "

25/5/13515



http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.burathanews.com%2Fnews_article_194883.html

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Re: Representative proposes financial breakdown (50%) Of staff salaries in USD to support the Iraqi dina

Post by Proven on Wed 15 May 2013, 3:27 pm

Iraq need to get with the program. This would be like the US government stating that all government employees will be paid in Yuan instead of dollars. Desperate measures to curb inflation:

He
added: the parliamentary Finance Committee submitted a proposal to
distribute a percentage (50%) Of the salaries of State employees by USD,
for an employee to sell it into the market and hence the dollar and
will be available in the market, and thus lead to lower its price,
prevents the monopoly currency for certain contacts. "

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Re: Representative proposes financial breakdown (50%) Of staff salaries in USD to support the Iraqi dina

Post by Neno on Wed 15 May 2013, 6:30 pm

He
added: the parliamentary Finance Committee submitted a proposal to
distribute a percentage (50%) Of the salaries of State employees by USD,
for an employee to sell it into the market and hence the dollar and
will be available in the market, and thus lead to lower its price,
prevents the monopoly currency for certain contacts.
"
Actually I like the proposal as now, they the GOV get paid in 100% USD.


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Re: Representative proposes financial breakdown (50%) Of staff salaries in USD to support the Iraqi dina

Post by duck2000 on Wed 15 May 2013, 8:20 pm

your rite this should be 100% dinar!

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Re: Representative proposes financial breakdown (50%) Of staff salaries in USD to support the Iraqi dina

Post by Neno on Thu 16 May 2013, 12:02 pm

You would think if they really wanted to dedollarize, that would be the doing.


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Re: Representative proposes financial breakdown (50%) Of staff salaries in USD to support the Iraqi dina

Post by duck2000 on Thu 16 May 2013, 8:26 pm

@Neno wrote:You would think if they really wanted to dedollarize, that would be the doing.
wait the choice of a few dollars or a wheelbarrel of dinar? hmmm

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Re: Representative proposes financial breakdown (50%) Of staff salaries in USD to support the Iraqi dina

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