Home
Monetary power and its role in controlling spending
02/8/2018 12:00 am [rtl]Baghdad / Emad emirate plays a monetary authority, through the control of interest rates and bank credit rate, a role in controlling the spending of economic units and maintain the value of the currency swings that may hit it due to a deficit in the balance of payments, as it adopts monetary policy - according to specialists - a set of goals Independently of each other to have a clear impact on the structure of the economy. Price stability between the academic economist d. "Monetary policy is working to reduce the impact of continuous changes in the level of prices and the attendant fluctuations in the value of money, and its adverse effects on the level of distribution of incomes and wealth and the allocation of economic resources," stressing that "the goal of price stability of monetary priorities of the Authority to maintain the value and size Monetary trading in the economy ". Balance of Payments "When a balance-of-payments deficit occurs, monetary policy raises the interest rate, leading to a decline in the credit of the economic authority and then its liquidity, which makes it regain its capital abroad and the return of foreign capital to the country following the rise in the local interest rate," he added. To the rise in the size of foreign assets and improve the balance of payments and vice versa occurs in the case of surplus. "The monetary authority seeks to influence and revive the investment environment to achieve a continuous and appropriate increase in GDP growth or average real per capita income by influencing the investment by changing interest rates that achieve growth rates in GDP," he said. interest rates For his part, said the academic economist d. Falah Hassan Thwaini "Monetary policy can not achieve two or more goals at the same time, for example, stabilization of prices often collide with the stabilization of interest rates, and the reduction of inflation requires a monetary policy of deflation to raise interest rates, which causes the reduction Investment ". The economic situation explained Thueni "reaching the ultimate goal of monetary policy necessitates a number of measures that require a period of time to choose and start implementation and achieve results, and may be during the period of time shift in the economic situation, so that the procedures are not commensurate with the situations that have arisen and the goals that came To achieve ". He stressed that "the state of financial panic can undermine the monetary policy of its target if it occurs, the monetary authority should change its strategy in the event of a state of financial panic to ensure the integrity of the banking system and the flow of credit properly ." Contractionary policy , said Dr. Thuwainy that "if there was the case of financial panic causes non - cash real reasons or expectations of individuals under a deflationary policy, that would hinder the application of monetary policy , " explaining that "should the monetary authority to follow an expansionary policy to avoid the aggravation of this situation to be "Financial panic can be mitigated by increasing operating or making the central bank's cash reserves readily available through the discount mechanism to provide liquidity to banks to handle withdrawals and then control the financial panic."[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
» The Hajj Authority begins disbursing dollars to pilgrims via the electronic platform
» Oil announces the expansion of installing gas networks and proceeding with the import of plastic gas
» Politician: Al-Mashhadani is closest to the presidency of the House of Representatives
» Al-Ittihad: The delay in the localization of salaries has had a negative impact on the citizens of K
» A new maneuver for the region regarding the salaries of its employees...these are its details
» The Parliamentary Energy Committee determines its position on the new oil coupons
» Washington: We are communicating with officials in Baghdad, Ankara, and Erbil to resume Kurdistan oi
» In agreement with international companies, the first tourist flight was launched from Kirkuk Airport
» Al-Allaq announces the success of the electronic transfer platform in combating money laundering
» The Chinese dragon applies to Iraqi oil... Where is Iran in this equation?
» Sudanese advisor announces full repayment of IMF loans
» Al-Sudani reiterates: Iraq is heading towards expanding petrochemical projects
» The Monetary Fund: “Internal stability has improved since the new government took office in October
» Washington clarifies its position on stopping Kurdistan oil exports through Türkiye
» The Minister of Labor directs to increase electronic payment (POS) devices
» After the worsening crisis of “carrying vehicles” at the entrances to the governorates, the Minister
» The Hajj Authority begins disbursing dollars to pilgrims via the electronic platform
» Iraq reaches its “peak”... Parliamentary legal opinion opens the file of job laxity and confirms: it
» The framework is awkward between Al-Mashhadani and Al-Issawi... and he sees his salvation in the “th
» Al-Sudani directs the formation of a technical team to follow up on the procedures for implementing
» Kurdistan outlets confirm their commitment to Baghdad’s controls, but: 70% of the outlets are “outsi
» In numbers... budget tables paralyze investment allocations to governorates
» The Minister of Transport reveals the completion rates of rail and land connectivity plans for the d
» He confirmed that the memorandums of understanding signed with Washington are being implemented on t
» The Minister of Planning and the World Bank discuss supporting Iraq's policies to reduce dependence
» Bahaa Al-Araji: They killed Umm Fahd with foreign will, and Al-Mashhadani’s nomination targets Al-Su
» American official: When I see the oil industry in Kurdistan, I think of Oklahoma
» Mishaan Al-Jubouri’s leaks to the session: Al-Maliki needs Al-Mashhadani to restrain Al-Sudani and h
» Safia Al-Suhail supervises the integrity judge’s signing of a memorandum of understanding with the S
» Deputy: The budget is political, not technical, and we do not rule out obstructing it to resolve the
» New American positions towards resuming the export of Kurdistan oil... and foreign companies set a c
» With the ongoing controversy... Is Iraq responsible for smuggling weapons into Jordan?
» Not only to elect the president.. Why is tomorrow’s parliament session exceptional?
» Large spread of foreigners in optical markets
» Labor takes measures to address the foreign worker file
» Communications is looking with Amazon to create a data center to provide Internet content to Iraq
» Al-Sudani reiterates Iraq's move towards expanding petrochemical projects
» Plasschaert: We are witnessing a rising Iraq in the fields of service provision and reconstruction
» A Kurdish MP accuses these parties of controlling the region's oil
» Barzani: Stopping the region’s oil exports has caused Iraq’s treasury billions of dollars in losses
» Mishaan Al-Jubouri: Saturday’s session will fail if Al-Issawi wins
» Al-Haidari: The Parliamentary Order Committee began investigating the director of Iraqi ports
» Al-Jubouri: Al-Halbousi pleaded with Al-Maliki and offered loyalty to pass his candidate
» Honest: The MPs’ conviction will decide the choice of the new Speaker of Parliament
» Al-Sudani welcomes the Arab Summit in Baghdad: We are keen that it constitutes a positive transition
» The framework calls on the representatives to attend the massive session on Saturday to decide the e
» Iraq repays IMF loans in full
» Al-Rafidain grants a new batch of Riyada Initiative loans
» (We will not withdraw from Iraq)... An American message reaches the coordination framework
» Fix Social Security With Ownership, Not More Government
» utube 5/16/24 MM&C Al-Sudani - Political Week - Progress Internationally
» Al-Sudani issues directives to develop TBI Bank, including increasing branches, simplifying services
» Al-Sudani issues directives to develop TBI Bank, including increasing branches, simplifying services
» Al-Sudani: We are in the year 2024, and this service reality cannot be accepted in Baghdad
» A deputy accuses Kurdish parties of trying to steal the salaries of the region's employees
» A parliamentary committee calls for accelerating the inclusion of the Intellectual Property Protecti
» Iraq sells nearly 300 million dollars at a currency auction
» The Central Markets Company participates in the Babylon Comprehensive Shopping Exhibition
» The launch of the activities of the Iraq International Real Estate and Investment Exhibition in its
» Al-Sudani receives Iraq's permanent representative to UNESCO
» The Minister of Planning discusses with the Chargé d'Affairs of the Japanese Embassy the mechanisms
» Sudanese Advisor: The reform process will begin with the government banking sector, which represents
» Everything you need to know about the "Bahrain Summit"
» With the participation of Iraq...the start of the 33rd session of the Arab Summit in Bahrain
» Why does Al-Halbousi support a figure from outside Anbar? ..a politician answers
» Coin auction today, Thursday / schedule
» A deputy identifies 4 positives of the “Al-Faw Refinery” project
» Al-Halbousi and the Anbar leadership complex
» A deputy reveals the content of an important circular about state real estate
» “Most of them are not developed.” What is the secret of Chinese companies’ monopolization of oil con
» Al-Allaq announces the success of the electronic transfer platform in combating money laundering
» The Iraqi judiciary accepts the appeal to suspend Kurdistan election procedures.. Document
» The Prime Minister receives the Vice President of the World Bank for the Middle East and North Afric
» The Minister of Electricity and the US Assistant Secretary of State discuss accelerating the impleme
» Implementing the electronic automation system (ASYCUDA) in the central and southern port of Umm Qasr
» Resources: Water storage is much better than 2023
» Iraq intends to launch a new mechanism for paying tickets for mass transit lines
» Including gas investment in 5 oil fields...Total's contracts in Iraq are detailed to Al-Iqtisad News
» Iraq conveys a “negative” image of corruption.. How does it affect the budget deficit?
» Al-Sudani: There is no stalled project in the current government’s dictionary
» We welcome the transformation of the Fifth Division into cultural and entertainment places
» 300 mobile stations for issuing the unified card
» The Minister of Planning chairs a meeting to review the budget schedules
» The return of the displaced is a thorny issue that requires concerted efforts
» 2026.. The first ship docks in the large port of Al-Faw
» The Prime Minister's advisor calls for moving towards banking reform
» Ahli Bank opens a branch in Basra
» A license for brokerage companies to trade in shares on international stock exchanges
» Wills for payment card holders
» Consensus to activate investment activity in Iraq
» In the document... the judiciary accepts the appeal to suspend the technical and financial procedure
» Al-Sudani directs a number of measures to develop the work of the “TBI”
» The Minister of Interior grants advancement and compensation to officers and members of the Najaf Po
» Iraq participates in the Arab Forum for Anti-Corruption Bodies and Financial Investigation Units
» Kurdistan Finance begins preparing lists of promotions in preparation for sending them to Baghdad
» The Supreme Judiciary directs the courts to resolve pending state real estate lawsuits
» President Rashid: There is no Iranian military interference in Iraqi affairs
» Iraq's ports are under surveillance... Parliament reveals new measures to prevent smuggling