The Central Bureau of Statistics: should be taken of the reasons the central bank's expectations by rising inflation On Tuesday, 29-03-2011 07: 18 PM
The Economic Commission in the Baghdad to (the): inflation and stable since 2003
– Fatima kamal Citizen
Economists called on the government and the House of Representatives to address the country's inflation, which has seen a significant rise from time to time, calling for quick action كحذف الاصفار of the local currency, the rise of prices of goods and services, confirming that the rising inflation caused by the emergence of money laundering after the year 2003, as well as salaries and wages, which provided by the government to its employees, in addition to the availability of real unemployment, and unemployment.
Economic expert Ali Al-Kaabi attributed the causes of inflation in the country to rise in real estate prices and والجبايات as well as the political developments. Al-Kaabi Said to (the) that high oil prices and real estate والجبايات had led to a high inflation index rates high. He said (that the emergence of money laundering after the year 2003 and spread widely, and rising inflation), and (if inflation does not treatments can take place without the intervention of the state itself through the adoption of methods and means of reducing or stopping inflation at a certain point), he pointed out that (the first in the state to be carried out is the deletion of الاصفار through the currency change in another currency-free الاصفار). Confirming (increasing inflation rates create several economic problems in the country).
As a member of the committee said the Baghdad governorate Council Nawal Taqi (that the laws and terms of reference of the weak and is not able to little or the inflation in the country). She said to (the) that the government and the House of Representatives to address inflation which is caused by the spread of unemployment), pointing out that (the share of the local council in the course of the year the current fiscal budget amounted to 645 billion, including the petrodollar revenues, which includes a dollar for each province, oil per barrel), and (if inflation and the country's stable since 2003, so far this year as the price of the Iraqi dinar stable in front of the dollar rate of exchange), (if the price of a barrel reached $100 as a result of the crisis in the current Arab countries and is expected to rise the dinar, but this has not happened so far this time).
For his part said the media spokesman of the Ministry of Planning and Development Cooperation Abdul-Zahra al-hendawi (that the indicators of inflation during this year's relatively rose as a result of the adoption of new electric pricing), al-hendawi said to (the) that the Central Bureau of Statistics and Information Technology to measure inflation for the month of last February, a was 0,2 percent lower than that of one per cent), he said, the show this on the basis of the readings in the field carried out by a large number of members of the ministry in all parts of Iraq, including the Kurdistan region), al-hendawi (those that are read the prices of foodstuffs, electricity, fuel, light and rent), he said, the central bank when inflation is expected to rise, with justification must be taken into account).
On his part, said مصدراخر in the Ministry of Planning and Development Cooperation, high rates of inflation is attributed to several reasons, including the partial liberalization of prices of goods and services as well as the salaries and wages to its employees and real unemployment اوبطالة convincing), the source of (the) that Iraq witnessed the rising inflation since the 1990s in the last century as a result of the economic sanctions imposed on it, which resulted in not being able to export its natural resources and for prices in 1995 was the highest rates until they reached the rate of inflation to 386 percent, but soon ماعادت to the decline in the following year until they reached the rate of inflation to 16 percent and the reason is due to the implementation of the agreement-oil-for-food-), the source said, after the year 1996 prices have been stable until the year 2000, which caused a relative improvement in the standard of living of the citizens, but soon ماارتفع once again to 18 per cent), (after the events of 2003 inflation rose a high as a result of the price hikes on fuel and lighting and والمراصلات, which is an important part of the citizen, after this was materials in 1996-2002 does not exceed 18 percent but rose to 17,6 percent compared to the rate of inflation 30,8 per cent). He pointed out (that the monetary policy at the forefront of policies aiming to provide the chances of stability and reducing inflation والمحافظةعلي public confidence in Iraqi dinars as a means of treatment, at the expense of وخزين keeping the wealth).
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