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Summary of today's editorial "Economic World": Additional steps by the Central Bank Dr. Ali Sarzaim; The Central Bank's economist, after partially curbing inflation in the summer with a contraction policy, should take additional steps considering the pressures of the second half of the year. The reform of the banking system began with the increase of the overdraft interest rate, but the interbank market also needs implementation and a significant increase in credit rates (18 to 24 percent). Also, the realization of the deposit interest and the devices is the next necessary step. Currently, the real interest rate on loans and the interest rate on large deposits are much higher than the official rates, which is to the detriment of small depositors and to the benefit of beneficiaries. The official increase in the interest rate on deposits, in addition to supporting the risk-averse strata, reduces the attractiveness of the attack on the currency and gold markets and helps to better manage the economy in crisis situations. Also read this report: Two Phases of the Central Bank in the Channel Money Market.

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Summary of today's editorial "Economic World": Additional steps by the Central Bank Dr. Ali Sarzaim; The Central Bank's economist, after partially curbing inflation in the summer with a contraction policy, should take additional steps considering the pressures of the second half of the year. The reform of the banking system began with the increase of the overdraft interest rate, but the interbank market also needs implementation and a significant increase in credit rates (18 to 24 percent). Also, the realization of the deposit interest and the devices is the next necessary step. Currently, the real interest rate on loans and the interest rate on large deposits are much higher than the official rates, which is to the detriment of small depositors and to the benefit of beneficiaries. The official increase in the interest rate on deposits, in addition to supporting the risk-averse strata, reduces the attractiveness of the attack on the currency and gold markets and helps to better manage the economy in crisis situations. Also read this report: Two Phases of the Central Bank in the Channel Money Market.

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