View Full Version : Report of the International Monetary Fund (IMF) / Mohammed Sharif Abu Mayssam

08-02-2013, 08:02 AM
Report of the International Monetary Fund (IMF) / Mohammed Sharif Abu Mayssam

Published on Thursday, 01 August / August 2013 20:03 http://www.iraqicp.com/plugins/content/jumultithumb/img/Li4vLi4vLi4vLi4vaW1hZ2VzL21lZGFyYXQvbWVkYXJhdDE0MC 5qcGcmdz0zNTAmaD0zNTAmcT05MCZhb2U9MQ==.jpg (http://www.iraqicp.com/images/medarat/medarat140.jpg)

Did not come IMF report recently released a new, could be referring to the new features of evolution or a citizen of the defect, unknown in the body of the Iraqi economy, despite the rumination of sentences and words.

annual report, which was prepared after several visits punctuated by the process of collecting data from within the scene Iraqi economy, he pointed out the importance of diversifying revenue and not to rely on one side in the TTM fear of fluctuations in oil prices, along with the importance of developing the non-oil private sector and the liberalization of the foreign exchange market to encourage investment ..

And attached to it is to repeat and ruminate about what has been said is said daily in the writings and تنظيرات Iraqi economists in seminars and conferences.

report brought the same reasons that are repeated annually فتقف behind the failures of the ongoing economic (deteriorating security situation caused by the continuing wrestle political misuse of funds - calling for direct spending in budgets public, reduce waste and improve the quality of spending,

«with regard to the electricity sector and spending on salaries by reducing the growth of employment in the public sector» with building financial reserves generally can fortify spending declines in oil exports or in oil prices - but he praised the government's performance in maintaining macroeconomic stability in Iraq.

IMF which committed Iraq with the World Bank and the Paris Club Bmasmi economic reforms when settling the issue of debt without laws regulating market relations and movement of capital contributed in guiding monetary policy in Iraq over the past ten years,

which led to what led to him after detecting the movement of money transfer at an auction central, and was a trustee with the World Bank on the makers of public budgets a year in Iraq ..

came in its annual report this year, said the reason for the transmission of the request «, which he called a project» on foreign currency parallel market is the measures the central bank last did not give the real deal for this dilemma did not reveal to us about the results of the economic reforms committed by Iraq,

and the secret of instability in monetary policy despite the costs of high spent on work items that policy, which contributed to the status, and could only claim editing the foreign exchange market, praising »previous policies of the Central Bank which has achieved monetary stability over three years,» according to a report.

Based on this, the follower of the history of the recommendations and claims that it was dictated by the Fund on the Central Bank of Iraq like a spiritual father, surprised by the fact that the provisions of the report in this regard,

which only displays the reality (and leave the issue of non-verification of monetary stability despite the multiplicity of outlets selling the dollar significantly)

while ignoring the growing demand for the dollar by traders Iraq's neighboring countries in order to finance trade those states besieged, leaving this matter to his family and the like not significant days of the policy dealing with the consequences of Directors of the Central Bank

of the current, at a time when Amplified reference to the rate of growth in the overall economy to the extent that the reader believe that 9% of this growth came from outside the oil exports!

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