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A member of the Finance Committee, Abdul Hadi Al-Saadawi, confirmed, Thursday, that the Central Bank of Iraq will raise the dollar exchange rate to 1450 dinars, starting next Sunday.
Al-Saadawi said in a televised interview with Digital Media NRT today (December 17, 2020), that “the Iraqi Central Bank will raise the exchange rate of the dollar to 1450 Iraqi dinars next Sunday.”
He added, “What was leaked from the Ministry of Finance today of a copy of the 2021 budget encourages traders to control the exchange rate.”
He explained, “Most of the money that goes out from the auction selling the currency comes out with false invoices claiming to buy things while the currency is smuggled out by buying unrealistic materials.”
He continued, “The state does not control the financial policy, and the evidence is that it does not control the ports that enter prohibited materials or outside specifications .”
Earlier, the Ministry of Finance expressed its “deep resentment and regret” for the unauthorized publication of the draft budget for 2021 , calling for ” not to pay attention to the exciting statements related to the budget that may arise during the next two days.”
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this image.]
A member of the Finance Committee, Abdul Hadi Al-Saadawi, confirmed, Thursday, that the Central Bank of Iraq will raise the dollar exchange rate to 1450 dinars, starting next Sunday.
Al-Saadawi said in a televised interview with Digital Media NRT today (December 17, 2020), that “the Iraqi Central Bank will raise the exchange rate of the dollar to 1450 Iraqi dinars next Sunday.”
He added, “What was leaked from the Ministry of Finance today of a copy of the 2021 budget encourages traders to control the exchange rate.”
He explained, “Most of the money that goes out from the auction selling the currency comes out with false invoices claiming to buy things while the currency is smuggled out by buying unrealistic materials.”
He continued, “The state does not control the financial policy, and the evidence is that it does not control the ports that enter prohibited materials or outside specifications .”
Earlier, the Ministry of Finance expressed its “deep resentment and regret” for the unauthorized publication of the draft budget for 2021 , calling for ” not to pay attention to the exciting statements related to the budget that may arise during the next two days.”
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