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[size=30]The first government meeting regarding changing the dollar exchange rate[/size]
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[size=15]On Thursday, the Ministry of Planning announced the holding of the first meeting of the committee formed to study the effects of changing the currency exchange rate.[/size]
[size=15]The ministry stated, in a statement received by NRT Arabia, a copy of it, today (11 March 2021), that "the committee formed according to Cabinet Resolution No. 63 of 2021, which will study the consequences of changing the currency exchange rate, held its first meeting at the Ministry of Planning."[/size]
[size=15]She added, "The meeting was chaired by the Technical Undersecretary of the Ministry of Planning, Maher Hammad, who confirmed that this committee was formed to study the effects of changing the exchange rate of the dollar against the dinar, and to propose the required solutions, as far as investment projects are concerned."[/size]
[size=15]He explained that "the period of the committee’s work will be one month, after which it submits its recommendations to the cabinet for decision."[/size]
[size=15]According to the statement, "the representatives of the parties participating in the meeting presented a presentation of investment projects, methods of contracting with the implementing companies, and the mechanisms of payment of the dues of these companies, whether those dues were unpaid debts or unspent advances, and the committee will continue its meetings during the coming days, to develop solutions and proposals required. To address the effects of changing the exchange rate on investment projects.[/size]
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