Economist: effective efforts of the Central Bank to curb inflation, fiscal policy collide

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The Iraqi news agency Independent / Baghdad / k. C .... The economist said Dr. Sattar al-Bayati, that the high rates of inflation and instability indicate that fiscal policy is able to tackle inflation, pointing out that the effective efforts of the Central Bank to curb inflation hit the financial policies aggravation of the volume of inflation by the government, which means an imbalance in our economy overall.

The al-Bayati of the reporter (and independent Iraqi news agency) that the adoption of planning in the treatment of inflation and the development of specific rates to be access to it and are working to reduce them in the future according to the plan as is the case in advanced economies.

The Central Bureau of Statistics announced a rise in annual inflation index for 2011 increased by 6% compared with the previous year, and that the index of monthly inflation for the month of last December of 2011 witnessed a slight hit (1%) compared with the month of November

http://www.ina-iraq.com/news/ektesad/9325.html