Originally Posted by
rvalreadydang
الربيعيBaghdad Haider spring
.[size="4"]Central Bank Governor Sinan Shabibi said, in turn : that the new budget is an investment budget and the size of a large investment in economic terms. He added during the budget debate this year in the House of Representatives said that the Central Bank's role is to address the imbalance resulting from the development process that will produce changes in the economic structure are basic.
.Shabibi explained that the Central Bank is working on the development of a stable monetary, in addition to the bank concerned by all means and contexts that achieve economic stability and dealing with inflation.
وتابع..He continued Shabibi that our budget for the preservation of resources, and this will be done by the fight against inflation, and we have a number of measures including raising the exchange rate of the dinar. He pointed out that the impact of this measure in the budget through influence in the purchasing power of the government.
وأفاد ..He said that this policy will increase confidence in the dinar will pull some of the money to the banking sector and the rationalization of government expenditure which will limit inflation.
.And that this will lead to the reduction of import prices, such as imports, the private sector and the import of the government's development comes through the transformation of the Iraqi dinar to the dollar.
rvalreadydang Great Post! The clues we're looking for are in the news!