Economics: Pay attention. . Central Bank

[jonjon]

Economics: Pay attention. . Central Bank

On: Wednesday 16/5/2012 7:50

 Abbas Ghalibi

to know the public opinion that the Central Bank of Iraq is in danger because of the domination by the government, at the time that all the world's central banks are not subject to government control only with respect to the process of coordination between fiscal and monetary policies. The public knows very well that monetary policy in Iraq is the only successful policy of economic policies by virtue of data and the reality of life in no way utopian theorizing or economic, where the last six years have seen remarkable stability and remarkable to consider the Iraqi dinar exchange rate

The direction of foreign currency, has talked a lot on this subject in articles and columns precedent, and we say that the monetary policy pursued by the Central Bank of Iraq led to this stability, which ended with a gradual decline in inflation from 36% in 2003 to 2% the end of 2010, as well as the ability of the central bank to finance foreign trade of foreign currency, particularly the U.S. dollar through the daily auction public, organized by the Central Bank and oversaw the same throughout the years, seven years.

and monetary policy produced a cash reserve foreign overcome the barrier of $ 60 billion a cover of the local currency, which took little by little recovering and restoring consumer confidence in the currency of a robust monetary value as a competitor of foreign currency, especially the dollar.

and the certainty that these things are calculated to the Central Bank, and is different with me and claims to the contrary, I think it goes against the truth and deal with the facts of the secretions positive, despite the existence of observations on the work of Bank, but not equivalent to success the other, indicating that I is not in the defense exhibition abstract free of scientific facts and the process for economic institution such as the Central Bank of Iraq, but the suffering of the central charges and allegations and pressure us because we put the facts before the public opinion, as the successes of normal to be behind a staff professional, capable and efficient drive the economic establishment of paramount importance, where Talatna news or Kowalasha that the intention to dismiss the Iraqi Central Bank Governor Sinan Shabibi, after preventing a second extension of his deputy, the appearance of Mohammed Saleh, the decision of a government of the General Secretariat of the Council of Ministers, and these two Ulkipatan two engineers monetary policy is successful in Iraq, and everyone knows leadership positions and their independence and their role in a debt and Iraq's relations with international economic organizations as well as the reputations of international in that direction.

and because Shabibi and Saleh also are Qamtan Aqtsaditan are important in the country, we talk so openly and say that Iraq is heading now to empty the economic institutions of competencies to their scarcity and the migration and does not return many of them who fill corners of the earth.

Attention gentlemen, the Central Bank of Iraq is in danger!

http://www.almadapaper.net/news.php?action=view&id=65919

[EternalReality]

empty the economic institutions of competencies to their scarcity and the migration and does not return many of them who fill corners of the earth.

Empty the central bank of shabibi and all the smart people until there are scarce intelligent comptent people left, and then changing the people with "others", and does not fill the new positions with smart people(shabibi) who are rare and you only find them in certain places in the world.

The cbi is indeed in danger, look at all that glitter.

Edited May 15, 2012 by EternalReality

[skrappyone]

Maybe they are talking about it being empty when they RV and give us our money.