Discussed the ninth session of the Forum for Civil Dialogue in the mirrors for Studies and Media Centre (the reality of monetary policy in Iraq in lost current reform policy), which was held on Sunday, the eighteenth of October this partnership with full justice to the rights organization Bhoudornkhbh of journalists and activists civilians Martyr morning Alkraawi hall in Najaf.
During which he presented a professor of economics at the College of Business and Economics University of Kufa, Dr. Sam grace Recep lecture entitled: (reality Alsaashalnkadih in Iraq's future and prospects in lost political reform current), in which the researcher exposure to the reality of monetary policy in Iraq, reviewing the historical stages, highlighting the relationship between the financial power of authority cash and future prospects in the lost and the current reform policy announced by the government.
Because he confirmed Alkovhan professor of economics at the University of poor management of financial resources in Iraq through direct monetary savings realized from the export of oil towards the achievement of political and partisan gains, which result was a severe financial crisis in the country.
Added Dr. Sam Recep grace: that monetary policy in Iraq after 2003 remained captive to deep structural imbalances which weakened the effectiveness of the narrow scope of noting that these imbalances by:
1. Nature rentier economy, Iraq
2. Poor coordination between monetary and fiscal policy
3. The absence of strategic plans
4. the existence of backward sectors of the economy and infrastructure destroyed
He said the central bank auction involves a cost basis of which provide huge amounts and the size of reserves and foreign currencies, and these reserves associated with higher oil prices and the stability of its markets, as well as the stability of the US dollar
Stressing that the policy of reform can not succeed unless accompanied by political will able to achieve economic and financial serious steps aimed at repairing the deteriorating fact witnessed by the country as a result of lower oil prices.
Dr. Sam grace Recep professor of economics at the College of Business and Economics University of Kufa and made a number of proposals or solutions that focused on the need to diversify the Iraqi economy and the revival of industry, agriculture and revitalize the tourism sector and make the private sector a real partner in the national economy and blood rely on excessive imports emphatic on the need to create fund sovereign wealth to cope with failures annual revenue
Was moderated by journalist Haidar Hamidi Moderator mirrors Center for Studies and Media hello in infancy Distinguished guests and declaring kicks off the second season of the Forum on civil dialogue in partnership with the full Justice Foundation for Human Rights in advance Outline of the researcher, Dr. Sam grace Recep scientific and curriculum and learning alluding to the issuance of the first scientific writings in Beirut, titled (foreign reserves management in Iraq analytical study)
The session witnessed many interventions and questions from the audience and answered by the lecturer at length and adequate lighting many aspects of the economic and financial reality from the standpoint of scientific academies
At the end of each session of the journalist Haidar Hamidi The Director of mirrors for Studies and Media Center and Mr. Hassan Achammrta full director of Justice Foundation for Human Rights, a certificate of thanks and appreciation on behalf of the Forum, Dr. Sam grace Recep norm and in recognition of his outstanding scientific
It is noted that civil dialogue forum is discussion forum emanating from the mirrors for Studies and Media Center will hold bi-monthly sessions dealing with the various political, economic, media and cultural topical issues through lectures and research to a group of academics, researchers and journalists Iraqis
Have teamed to the Forum since its launch earlier this year full justice for Human Rights Development Foundation in Political Science Association announced its entry into the Forum recently.
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