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Sunday, 05/04/2008 5:19:54 PM

Sunday, May 04, 2008 5:19:54 PM

Post# of 1146
Despite the improvement of security and stability of the dollar .. local market is witnessing a rise in prices!

Controlling prices of goods imported and domestic value of U.S. dollar exchange rate against the local currency. Often talked with the declining economic crisis or high U.S. dollar exchange rate. What is striking to look into the Iraqi market is that prices rise gradually without taking into consideration the exchange rate of decline in the dollar The specialists in the economic aspect as the price comes against the backdrop of the collapse of local industry. It is no secret about the people proximate that once Iraqi private sector is still stalled because of the House during previous years which saw dramatic situations. The owner of those years the inability of industrial banks to provide loans deserved (the product Iraqi) in the development work to restore Iraqi industry to the category of neighbouring States, which is rich in many different industries and has become the bulk product competes globally.

Talk about the domestic industry low as highlighted during the past five years, crowds of local importers to dump the Iraqi market which has become an arena for the disposal of all goods not conforming with legal requirements and goods entering the market poor in ways that do not know the corridors? Today, after more than five years citizen tastes bitter suffering joints in all the difficult life. It became necessary to put solutions to those suffering after establishing security and stability. We place a new war of attrition name income of living of the ordinary citizen. Which raises the attention-based accounting squatters on profiteers through observation and the abusers accountable. Everyone knows that there is no spark firing bursts to attract Alantaba of security services. . Situation every day and feel flimsy pretexts of the perpetrators. Citizen has become the vortex of high prices, mostly accused those responsible held accountable not greedy merchants and the other part will tell the Ministry of Commerce blame for not delivering items fulfilment of the ration card, which impacted on the rise foodstuffs The farmer who provides the basket was good of the Iraqi family had abandoned their land simply imported from neighboring countries.

Low income

The first station in a market session, which resumed its activity after years of deprivation and destruction long after the terrorist operations. Imad Khalil was the first speaker to us from higher food prices. He said it is natural to see a big rise in food commodities and the impact of domestic turmoil security conditions and productivity, thereby increasing the problem is also the recent increase in the salaries of retirees in recent times. With rain Mr. Aziz said that the reasons for the high retiree any article of food comes against the backdrop of unstable security situation in general, which makes it easy to process the majority of traders to raise prices at the expense of the citizen, who does not have the capability to stop those tugging at high prices. The result, we believe that the citizen has become between the claws of the flames prices after an absence of government agencies to deter greed .. traders With Ms. Jinan or 56 years is no doubt that most affected are the owners of limited income. . They attributed the reason for that to the inability of the private sector get back on their feet as Ms. Or Jinan saw that the private sector is the fountain of the economy in any civilized country ..

Low offset rising

With Mr. Salim Jawad said economic professor at the Faculty of Administration and Economy University of Baghdad: local markets witnessed a remarkable fluctuation in the past years in the U.S. dollar exchange rate that resulted in a marked escalation in the prices of foodstuffs and other which was linked to rise and partial fall at that time. Where the impact of this rise in the large class of poor and bad of the monthly income of the family. .

Conversely, the Central Bank of Iraq to pump large amounts of hard currency market to avoid the rise again and keep my time and even the U.S. dollar exchange rate which became worth of local currency between 120000 and 123000 thousand Iraqi dinars. But we have not seen a real decrease in the food and other materials that were imported in hard currency when the dollar exchange rate exceeded (200000) thousand dinars in the past years. This is one of the things that was argued by most traders. He also added that the problem has not yet finished lower U.S. dollar exchange rate, but produced other facts revealed by the fact that most importers and traders who still insist on arguments security situation and lack of fuel crisis in the production of electrical energy is one of the factors affecting the price rise not to mention the lack of commitment by the Ministry of Trade processing Citizens of all items of the ration card which became Moussa stick by the argument weak souls.

Are tied

We met a number of shop owners who refused to sell conclusively links the high prices of foodstuffs. Abu Abd Allah shop owner to sell his vegetables. The high food prices caused by recent major importer and owners of the sentence. We believe that the majority of fruits and vegetables that we offer in their shops are imported from neighbouring countries, in contrast to the years preceding overthrow the regime since the majority of foodstuffs (agricultural) of farmland and local subsidized significantly from the farm at the time. So we have not seen a product importer in our markets contrary to what we see now With Mr. Hassan said that Assem problem of high food prices comes after a decision by the Government to increase the salaries of employees and retirees. This is no different for two! Since we are accused of selling and buying process, we want the government agencies that provide us with security and liquidity needed by all farms to be the final outcome in the provision of domestic and agricultural basket at subsidized prices. It is unfair to be charged in the box and we import these goods from the primary at their own expense and without any assistance from the government parties.

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