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.