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First Page : Expert: government solutions to the economic crisis is far from ground
8/2/2016
BAGHDAD / evidence stressed the economic expert on behalf of Jamil Monday that the Iraqi government does not have a monetary policy clear to the economic crisis faced by the country and most distant from the ground solutions do not meet the ambition. Jamil In an interview said that Iraq supports about 98% from the sale of oil for their task of issuing the foreign currency brought into the country and this is a serious mistake in monetary policy for the failure to diversify sources of income and thus exposed the government to a severe economic crisis in the case of low global oil prices. He said the government currently does not know where to go hard currency after selling by the central bank of the citizen or merchant to an end, either because the dollar continued smuggling leads to a decline in the price of the Iraqi dinar and therefore the market affected dramatically, calling on the government to adopt permanent bond system and then Alkmarki system Altsrihh customs to be controlled on the dollar in order to reduce smuggled out of the country.
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