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The same Act, however, predicts an increase in inflation next year which would stir up goods prices in market. This change is due to public service wage up decision that has already come into force, among the new wage scale of PS. In this regard, economy experts warn from any wage-up for public service, claiming that inflation increase stands to be the most serious result, as it is an unproductive sector. As far as national economy rate growth is concerned, El Khabar source confirmed that hydrocarbons low growth rate recorded along the current year is not influencing negatively the whole national growth rate. Predictions expect a 5% growth rate by the end of this year. On another side, the same source revealed that the Finance Bill sets $19 a barrel as a reference oil price, adding that the Ministry of Finance is reviewing to reduce Dinar exchange rate vis-à-vis dollar down to 74 dinars for $1. | ||||||||||||||||||
2008 Finance Bill predict Goods prices increase