Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Shabibi Speaks (2007)


Mr.Nobody
 Share

Recommended Posts

Economic reports : The Governor of Central Bank:

This year's budget focused on increasing the volume of investment in Iraq

Iraqi Media Network

Said Dr. Shabibi central bank governor that this year's budget an investment budget because it focused on the size of the investment Ziada.

Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic.

He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate.

He continued: our budget relating to the conservation of its resources, is done by combating inflation. Stressing that the bank had several measures including raising the dinar exchange rate.

He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation.

Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government's development that comes from converting the Iraqi dinar to the dollar.

He added that this policy at the time weakens the government's ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government.

He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful.

It does have 2005 on the bottom of the page but just posting the translation.. B)

  • Upvote 1
Link to comment
Share on other sites

March 28th, 2011 03:24 pm · Posted in NEWS (Iraq & World Currency)

This year’s budget focused on increasing the volume of investment in Iraq

Iraqi Media Network

Said Dr. Shabibi central bank governor that this year’s budget an investment budget because it focused on the size of the investment Ziada.

Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic.

He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate.

He continued: our budget relating to the conservation of its resources, is done by combating inflation.

Stressing that the bank had several measures including raising the dinar exchange rate.

He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation.

Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government’s development that comes from converting the Iraqi dinar to the dollar.

He added that this policy at the time weakens the government’s ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government.

He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful.

NOT PROMOTING another site but in news on dd couldnt do link can you say RV.... B)

  • Upvote 10
Link to comment
Share on other sites

Central Bank Governor: This year's budget focused on increasing investment in Iraq

Central Bank Governor: This year's budget focused on increasing investment in Iraq

Translated by IRAQdirectory.com - [1/20/2007]

Dr. Sinan Shabibi, Governor of the Central Bank, said that this year's budget is an investment budget because it focused on increasing the size of investment.

Shabibi said that the Central Bank's role is to treat the imbalances resulting from the development process that will produce changes in the basic economic structure.

He pointed out that the task of the Central Bank is to achieve development in a stable monetary environment through utilizing all means and policies to achieve economic stability, intact environment and moderate inflation rate.

He continued: "Our relation to the budget is to preserve its resources, through fighting inflation".

Stressing that the Bank had made several measures including raising the exchange rate of the dinar, which had an impact on the budget through affecting the purchase capacity of the government; this impact will increase through dealing with inflation.

Shabibi added that: this policy will increase the confidence in the dinar, which will pull some of the money to the banking sector and rationalize the government spending because of its impact on inflation.

He indicated that this action will reduce the prices of imported goods such as the private sector imports and the government's imports for development that come from the conversion of the Iraqi dinar to the dollar.

He added that while this policy weakens the ability of the government to buy the dinar, it strengthens the Iraqi dinar owned by the government.

Pointing out that the bank wants a means to affect the economic and monetary policy by making the dinar valuable and powerful.

  • Upvote 2
Link to comment
Share on other sites

This is dated 2007

Central Bank Governor: This year's budget focused on increasing investment in Iraq

Central Bank Governor: This year's budget focused on increasing investment in Iraq

Translated by IRAQdirectory.com - [1/20/2007]

Dr. Sinan Shabibi, Governor of the Central Bank, said that this year's budget is an investment budget because it focused on increasing the size of investment.

Shabibi said that the Central Bank's role is to treat the imbalances resulting from the development process that will produce changes in the basic economic structure.

He pointed out that the task of the Central Bank is to achieve development in a stable monetary environment through utilizing all means and policies to achieve economic stability, intact environment and moderate inflation rate.

He continued: "Our relation to the budget is to preserve its resources, through fighting inflation".

Stressing that the Bank had made several measures including raising the exchange rate of the dinar, which had an impact on the budget through affecting the purchase capacity of the government; this impact will increase through dealing with inflation.

Shabibi added that: this policy will increase the confidence in the dinar, which will pull some of the money to the banking sector and rationalize the government spending because of its impact on inflation.

He indicated that this action will reduce the prices of imported goods such as the private sector imports and the government's imports for development that come from the conversion of the Iraqi dinar to the dollar.

He added that while this policy weakens the ability of the government to buy the dinar, it strengthens the Iraqi dinar owned by the government.

Pointing out that the bank wants a means to affect the economic and monetary policy by making the dinar valuable and powerful.

Edited by dinar711
  • Upvote 3
Link to comment
Share on other sites

March 28th, 2011 03:24 pm · Posted in NEWS (Iraq & World Currency)

This year’s budget focused on increasing the volume of investment in Iraq

Iraqi Media Network

Said Dr. Shabibi central bank governor that this year’s budget an investment budget because it focused on the size of the investment Ziada.

Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic.

He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate.

He continued: our budget relating to the conservation of its resources, is done by combating inflation.

Stressing that the bank had several measures including raising the dinar exchange rate.

He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation.

Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government’s development that comes from converting the Iraqi dinar to the dollar.

He added that this policy at the time weakens the government’s ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government.

He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful.

NOT PROMOTING another site but in news on dd couldnt do link can you say RV.... B)

good find

  • Upvote 1
Link to comment
Share on other sites

So i wonder...When Shabibi speaks, do they listen????????

Really strong sentences!!!!!!

"He continued: our budget relating to the conservation of its resources, is done by combating inflation.

Stressing that the bank had several measures including raising the dinar exchange rate."

"He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful."

GO RV!!!!

  • Upvote 1
Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.