Confirmed that the move of the private sector will absorb unemployment rates for parliamentary

Confirmed that the move of the private sector will absorb unemployment rates for parliamentary



Finance (Badr): New stability in the price of the dinar against the dollar
BAGHDAD / Mohammad Kazem


Moving economic situation in Iraq is getting better, as the price of the Iraqi dinar began stable against the U.S. dollar after the central bank's policy to conduct an auction sale of the currency daily, and this led to the kind of stability and to prevent the collapse of the dinar against the dollar, but it remains for the private sector a significant impact in pushing the Iraqi economy about evolution, as it will absorb unemployment, especially among the class graduates, and opens up new avenues to invest energies and capabilities in Iraq. A member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri: The central bank began some time ago market auction, and this market is a balance between supply and demand of the Iraqi dinar and the dollar, he added Yasiri told (Badr): Could the central bank since that time until now to maintain the stability of the dollar to 1166 dinars, and had reached the period of the former regime to 3027 dinars to the dollar. He continued by saying: the economic situation is good now, the reality agriculture is improving, and there is a tendency to launch an initiative for the industrial sector, and if you move the agricultural and industrial sectors, Vsihrk economy and stimulate employment, and the trend in this aspect will lead to the lifting of the value of the dinar, and thus improve the economic situation in Iraq. He pointed out that the central bank has an important role through daily currency auction, and other measures have an important role also in supplying the Iraqi economy to serve everyone, and for the development of the economy must be oriented towards the private sector and other sectors other than oil, because it is fleeting in the day of days, but agriculture and industry are oil permanently. Asserting that: the potential of the country and the hands of the worker and good technical, we want the investment that works well to come through with the money and the investor, not to come and borrow from banks. A member of the parliamentary Finance Committee: that the banking sector progresses through the banking system is good and has a locking system well and keeping deposits of citizens and keeping bank loans and the strategic situation and cash management well, has a central bank 80 billion dollars and must be exploited part of these funds for the development of economy in Iraq, and we have nine trillion dinars exist in the pension fund, it must be the policy of good banking can express self-contained economy, and exploiting these amounts. Regarding the announcement of the Ministry of Planning for the high rates of unemployment among graduates said any economic action must be accompanied by the vision and planning, ie, that there be a vision for the work of colleges, universities and graduate students in any of the sectors, which means that not be the case random as it happens now, these days graduate Students do not Ataanon, even he thought he would have at the first day of his graduation, and here I mean the doctor and engineer, they do not find the appointment as well, and this risk on the Iraqi economy and public life, so planning is essential first to accommodate all those who enter the university. He continued by saying Yasiri: Previously it was the appointment of the Central ensures appointment after graduation, and the lack of attention to the issue of expertise and competence leads to negative interactions, now delayed the budget in terms of the preparation and implementation because the Ministry of Finance and the people who come from outside the jurisdiction of the administration and the economy. And between a member of the parliamentary finance committee, that the development of the private sector is important, if there was interest in it when he went graduates for employment with government institutions, and during the seventies of the last century was a graduate forced to appointment, and if you do not have to be shall require the cost of studying in junior high and the university, and the reason that there is a development The sector Contracting, so we have today the development of the private sector as the only guarantee for the development of the economy in the right place, and explained by saying: You must create a legal environment through legislation in line with the current situation, Iraq has moved from a socialist economy to a market system must change the laws, there are 13,500 law decision of dissolved Revolutionary Command Council and must change the direction of serving the economic process in Iraq.

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