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Promote development


yota691
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Promote development

 

 

         

1/22/2015 0:00 

 BAGHDAD Mustafa al-Hashemi, 

at a time when the country began preparations to face the economic challenges, confirmed the government agencies, including the Central Bank of Iraq readiness to take measures that will improve the economic reality. 

A source at the central bank's "morning" that the bank is considering initiatives and measures mission to promote the development and availability employment opportunities in line with the law and in the light of the financial challenges. 

Iraq faces represented a decline in world oil prices, financial challenges as well as the field challenges Kaaduan "Daash" and administrative corruption, unemployment and others. 

He said the central bank's role in Iraq is important economy where he was considering inflation indicators and maintains the stability of the price Currency Exchange, adding that the bank's shares a lot in raising the value of the dinar and modify its exchange rate to foreign currency and access to good rates, especially after that contributed to reducing the rate of inflation, which was present from the two places to rank one decimal place. 

The central bank uses the tools direct and indirect of monetary policy tools to maintain stability in the market.

 

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Great find Yota! I would like love love love to find another supporting article on this.

Will this work...The central bank is considering taking important measures to promote development and job creation

Read more: http://dinarvets.com/forums/index.php?/topic/194990-the-central-bank-is-considering-taking-important-measures-to-promote-development-and-job-creation/#ixzz3PY2Pm7fp

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