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Iraq Ministry of Planning: Iraq, the “best” of Arab States i

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Iraq Ministry of Planning: Iraq, the “best” of Arab States i

Unread postby Stillw8n » Thu Dec 22, 2011 12:51 pm

Iraq Ministry of Planning: Iraq, the “best” of Arab States in market price data

Baghdad, 22 December / December (Rn) – A spokesman for the Iraqi Ministry of Planning on Thursday that his country topped the Arab countries in the data market prices and was ranked first.

Said Abdul-Zahra al-Hindawi told the Kurdish news agency (Rn) “of the 14-nation Organisation of ESCWA in the Arab region obtained by the Ministry of Planning for first place with respect to market price data.”

He pointed out that the Organization of the ESCWA audited by Iraq on a monthly basis on the state of inflation and conducted verification of the data in those markets and the commercial center.
He said, “Iraq obtained the first place jointly with Palestine, which is evidence of the growing capacity of the ministry to pursue a price that occur on the Iraqi market.”

And asked the Ministry of Planning in the earlier official from the Organization of Economic Development for Western Asia (ESCWA) to provide international Mhaorén to assist in the implementation of projects and service development.

The ministry says it is planning to prepare monthly statements on the status of the Iraqi market and inflation that occurs on it.

And inflation is the excessive rise in the general level of prices and higher cash income as well as high costs and create excessive cash balances.

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