contracts and fictitious power stations despite the economic events in Iraq during 2011, but this year did not devoid of economic problems have affected the economic development in Iraq and the reality of the electricity system, including contracts phantom concluded by the Ministry of Electricity. After the Council of Ministers granted approval Ministry of Electricity to contract with a number of companies form payment on credit, to build 50 power station quick monument, the capacity of each station, one hundred megawatts, and a total capacity of five thousand MW, contracted by the Ministry of Electricity with Cobb Gent Canada, Inc. (or my age), Germany, to create a power stations in Iraq at a value of $ 700 million, which it turns out, later that the two companies are two of the front companies, which led to the dismissal of Electricity Minister Raad waterfall of the office. The Prime Minister Nuri al-Maliki, the seventh of August 2011, a decision to dismiss the Minister of Electricity Raad waterfall on the back of the signing of contracts and the mock worth about one billion and $ 700 million, after a few hours to detect a member of parliament for a coalition of state law Hanan al the signing of a waterfall commercial contracts with two companies and the imaginary. high rate of inflation in Iraq has seen inflation in Iraq with the beginning of the year 2011, down only soon he seemed to rise with the latter half of this year, up nearly 7% during the month of November. The governor of the Iraqi Central Bank Mazhar Mohammad Saleh in an interview for "Alsumaria News", "There are two directions of inflation in Iraq, imported inflation and domestic , "adding that" rising prices in the world and especially in the dollar has reflected on the imports of Iraqi goods and commodities, which amounted to more than 40% in July of 2011 compared Btamoz of the year 2010. " Saleh added that "the source of domestic inflation lies in the housing and services attached to it, "noting that" the problems of housing and high rents continually reflected the impact significantly on inflation in Iraq. " Saleh indicated that "the central bank has the ability to curb inflation in the country has a trade surplus estimated at between three to 5% and has large reserves, "asserting that" the bank will curb inflation when it arrived in two places decimal places. and has the Iraqi Central Bank, with headquarters in Baghdad, four branches in Basra and Sulaymaniyah, Erbil and Mosul, founded the bank independent Iraqi under the law of the Central Bank of Iraq issued on the sixth of March 2004 and is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and the management of foreign reserves and the issuance of currency management, in addition to the organization of the banking sector.
"Truth is everlasting, but our ideas about truth are changeable. Only a little of the first fruits of wisdom, only a few fragments of the boundless heights and depths of truth, have I been able to gather"