2010-07-17
Economist: Iraqi market absorb cash without the benefit of the citizen
.. BAGHDAD (Iba) ..
Economist said that the Iraqi market is based on the absorption of any cash may be available without the presence of little benefit accruing to the Iraqi citizen.
The member of the Center for Market Research and Consumer Protection Salim al-Jubouri in contact with the agency, the independent press (Iba) that despite the increase in salaries over the past two years, did not provide this increase is a clear benefit of the citizen in the face of rising prices and absorb the market any cash available to the salaries or wages or investment return are provided goods and services is poor and the purchase of goods can not be used in practice.
He explained if we buy an air conditioner, for example, we are at the height of summer because the work will require up to ten hours a day at least, this money can occur under frequent power outages and continuing.
And Carter said the Iraqi market turned consumer market based on the product imported goods flooded the poor and are reflected in the volume of interest and utility derived from them, which absorbs the per capita income in the light of low GDP growth rates below 6%.
Jabouri said that the Iraqi economy suffers from absorption of the last mass of cash is to file medical and forcing citizens to resort to neighboring countries like Turkey, Syria and Jordan to receive medical services and treatment for the brain drain of medical and deteriorating health situation in the country and consequently to get out of the Iraqi currency outside the country.
He noted that it is imposed during the past seven years and spending on different sectors in the country, including the medical sector to receive citizen medical services within the country and not outside.
Economist: Iraqi market absorb cash without the benefit of the citizen
.. BAGHDAD (Iba) ..
Economist said that the Iraqi market is based on the absorption of any cash may be available without the presence of little benefit accruing to the Iraqi citizen.
The member of the Center for Market Research and Consumer Protection Salim al-Jubouri in contact with the agency, the independent press (Iba) that despite the increase in salaries over the past two years, did not provide this increase is a clear benefit of the citizen in the face of rising prices and absorb the market any cash available to the salaries or wages or investment return are provided goods and services is poor and the purchase of goods can not be used in practice.
He explained if we buy an air conditioner, for example, we are at the height of summer because the work will require up to ten hours a day at least, this money can occur under frequent power outages and continuing.
And Carter said the Iraqi market turned consumer market based on the product imported goods flooded the poor and are reflected in the volume of interest and utility derived from them, which absorbs the per capita income in the light of low GDP growth rates below 6%.
Jabouri said that the Iraqi economy suffers from absorption of the last mass of cash is to file medical and forcing citizens to resort to neighboring countries like Turkey, Syria and Jordan to receive medical services and treatment for the brain drain of medical and deteriorating health situation in the country and consequently to get out of the Iraqi currency outside the country.
He noted that it is imposed during the past seven years and spending on different sectors in the country, including the medical sector to receive citizen medical services within the country and not outside.
(النهاية)/س/.. (End) / o / ..
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