[rtl]Nice Sami talking about the new dollar exchange rate and financial efforts to stabilize it[/rtl]
2023/02/13 19:02
2023/02/13 19:02
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[rtl]Baghdad-Iraq Today:
The most important thing that Finance Minister Taif Sami spoke about during her participation in the work of the forum held under the title (Financial Sustainability in the Arab Region in the Post-Corona Pandemic Crisis: Challenges and Opportunities).
The Iraqi government is adopting an ambitious program at the economic and financial level, which has positive indicators on the life of society and the institutional structure of the state to achieve financial sustainability.
The problem of the high price of the dollar was remedied by the governmental and popular will to improve the value of the Iraqi dinar.
In her speech at the forum, which opened in the UAE capital, Abu Dhabi, the Minister of Finance said, “We sought to pass the food security, development and financial hedging law at an amount of (25) trillion dinars in order to alleviate poverty, achieve financial stability and continue to provide services to citizens," adding that the Iraqi government has faced the Corona epidemic by taking several immediate measures to limit its spread through national, mobilizing, health and social policies that focused on marginalized social groups and facilitated access to health services and social care, which added these immediate and precautionary measures heavy financial burdens on public money.
Sami indicated that the Iraqi government, headed by the Prime Minister, Eng. Muhammad Shia'a Al-Sudanese, adopted an ambitious program at the economic and financial level, and during a period of several months, and over a period of a few months, its positive indicators appeared on the life of society and the institutional structure of the state to achieve financial sustainability, adding, "We are about to finish the work with the federal budget for the year 2023 and the trend towards comprehensive economic reforms in the Iraqi economy and the development of a clear strategy to diversify its economy, raise its revenues and push development forward,
While the Minister of Finance stated, the Iraqi government's appreciation for the unremitting efforts, and keenness to strengthen economic cooperation between Arab countries and coordination with partners to serve the interests and investments of those countries, noting that international relations are based on balance and broadening the base of interests to serve the goals of economic and financial development in the Arab countries.
And the Minister of Finance drew attention to the challenges facing the world from the effects of climate change, which have become more dramatic and their repercussions on people, which makes it imperative for Arab countries to increase financing, cooperation and investment that helps mitigate the effects ofclimate change.
Sami expressed the Iraqi government's high confidence that the annual financial forum is an important factor in transferring successful Arab and international ideas and experiences and the lessons it offers from the sustainable development goals for the year 2030 that raise the level of the Arab reality, which is exposed to very serious challenges.
It is worth noting that the forum is organized by the Arab Monetary Fund in cooperation with the International Monetary Fund, with the participation of Arab ministries of finance, governors of central banks and Arab monetary institutions, as well as a number of heads and senior officials and experts from international and regional financial institutions.[/rtl]
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