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Economist: Do not direct in the short term to return the old exchange rate of the dollar
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[rtl]Baghdad / NINA / Economist Saleh Al-Hamashi confirmed that: The continuous rise in the price of a barrel of oil will end the current budget deficit.
He told the Iraqi National News Agency ( NINA ) that: The rise in the price of a barrel of oil and its reaching gradually higher levels will revive the economy and provide funds for investment and ending the stalled projects.
Al-Hamashi added that: The decrease or rise of the exchange rate is a government policy to revitalize the economy, save money, and reduce the deficit in light of the high price of oil, and there is no short-term direction to return to the old exchange rate.[/rtl]
He told the Iraqi National News Agency ( NINA ) that: The rise in the price of a barrel of oil and its reaching gradually higher levels will revive the economy and provide funds for investment and ending the stalled projects.
Al-Hamashi added that: The decrease or rise of the exchange rate is a government policy to revitalize the economy, save money, and reduce the deficit in light of the high price of oil, and there is no short-term direction to return to the old exchange rate.[/rtl]
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