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Economist: High oil prices will not break the government blockade of the Iraqi people
09:48 - 16/03/2021
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The information / Baghdad ..
The economic expert, Wissam Al-Tamimi, confirmed, on Tuesday, that the rise in oil prices to more than $ 75 a barrel does not mean an end to the suffering of the citizen due to the change in the prices of foodstuffs, pointing out that the blockade imposed by the government on the people was politically motivated and not to achieve economic stability.
Al-Tamimi told "the information", "The government raised the dollar’s exchange rate by 250 dinars only, while the prices of foodstuffs, especially edible oil, milk and other basic materials at home, have risen in price twice the old amount."
He added, "Maintaining the current dollar price will increase food prices more and more, and the Iraqi citizen will have the option of resorting to inferior materials or alternatives in order to secure his livelihood."
And that "high oil prices will not end the economic blockade imposed by the government on the people, but will only secure the salaries of employees, and [You must be registered and logged in to see this link.] will be kept away from borrowing, as the decision to raise the price of the dollar was politically motivated and not to facilitate and provide a decent living for the citizen." End / 25 n
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