Shahristani, Iraq declares control inflation and reduced interest banks to 6%
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Shahristani, Iraq declares control inflation and reduced interest banks to 6%
Admin Mon Nov 25, 2013 8:37 am
11/25/2013 - 16:15
Alsumaria News / Baghdad
Deputy Prime Minister for Energy Hussain al-Shahristani, Monday, that Iraq was able to control the inflation, as well as its ability to reduce the banks' interest to 6%, indicating that it is able to maintain the rate of economic growth for long periods.
Shahristani said in his speech during the conference Business Forum and the Iraqi investment Frenchman in a good hotel, attended by "Alsumaria News", "Iraq was able to control the inflation rate, which was more than 50% after 2003 and which is now up to 6%," adding that " Interest rates at banks also decreased to 6% after it reached 20%. "
Shahristani said that "state control over inflation rates led to higher per capita GDP in Iraq, which has risen to six thousand dollars per year in 2012 after he had a thousand dollars a year," predicted that "this percentage will increase in 2013 significantly."
Shahristani noted that "this is the most important economic achievements of high growth rates in the world," stressing that "Iraq is able to maintain the ratio of these high growth not only for the next five years, but for periods beyond that."
The Merrill Lynch - Bank of America said in a report issued by the end of November 2012, according to a poll conducted that Iraq will be the fastest growing among the world's GDP and will grow in the local production of up to 10.5 percent, followed by China with 7.7 percent.
http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.alsumaria.tv/news/86882/%25D8%25A7%25D9%2584%25D8%25B4%25D9%2587%25D8%25B1%25D8%25B3%25D8%25AA%25D8%25A7%25D9%2586%25D9%258A-%25D9%258A%25D8%25B9%25D9%2584%25D9%2586-%25D8%25B3%25D9%258A%25D8%25B7%25D8%25B1%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582-%25D8%25B9%25D9%2584%25D9%2589-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B6%25D8%25AE%25D9%2585/ar&usg=ALkJrhhpJly9YVnMTLI39Yja7MtN1Jto8Q
Alsumaria News / Baghdad
Deputy Prime Minister for Energy Hussain al-Shahristani, Monday, that Iraq was able to control the inflation, as well as its ability to reduce the banks' interest to 6%, indicating that it is able to maintain the rate of economic growth for long periods.
Shahristani said in his speech during the conference Business Forum and the Iraqi investment Frenchman in a good hotel, attended by "Alsumaria News", "Iraq was able to control the inflation rate, which was more than 50% after 2003 and which is now up to 6%," adding that " Interest rates at banks also decreased to 6% after it reached 20%. "
Shahristani said that "state control over inflation rates led to higher per capita GDP in Iraq, which has risen to six thousand dollars per year in 2012 after he had a thousand dollars a year," predicted that "this percentage will increase in 2013 significantly."
Shahristani noted that "this is the most important economic achievements of high growth rates in the world," stressing that "Iraq is able to maintain the ratio of these high growth not only for the next five years, but for periods beyond that."
The Merrill Lynch - Bank of America said in a report issued by the end of November 2012, according to a poll conducted that Iraq will be the fastest growing among the world's GDP and will grow in the local production of up to 10.5 percent, followed by China with 7.7 percent.
http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.alsumaria.tv/news/86882/%25D8%25A7%25D9%2584%25D8%25B4%25D9%2587%25D8%25B1%25D8%25B3%25D8%25AA%25D8%25A7%25D9%2586%25D9%258A-%25D9%258A%25D8%25B9%25D9%2584%25D9%2586-%25D8%25B3%25D9%258A%25D8%25B7%25D8%25B1%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582-%25D8%25B9%25D9%2584%25D9%2589-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B6%25D8%25AE%25D9%2585/ar&usg=ALkJrhhpJly9YVnMTLI39Yja7MtN1Jto8Q
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