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Iraqi planning sets a date for raising recommendations for changing the currency rate on projects
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Mubasher: The Iraqi Ministry of Planning set, today, Tuesday, the date for raising recommendations for changing the currency rate on projects, indicating that the state seeks not to harm any party from the decision to raise the price of the dollar.
The Undersecretary of the Ministry Maher Hammoud told the Iraqi News Agency "INA": "The state seeks not to harm any party from the decision of the high exchange rate of the dollar against the dinar, especially private sector projects."
He added that "there are bodies that ask the government for old money and others that have businesses that have not entered into force, or who have a bond or import credit and others, and all of these must be taken into consideration by the state, given that it has changed the exchange rate."
He pointed out that "the committee to address the consequences of the high dollar price on projects will announce the results of its recommendations next Thursday," stressing that "the recommendations will be submitted to the cabinet for approval."
The Undersecretary of the Ministry of Planning Maher Hammad confirmed earlier that the work of the committee that was formed to study the effects of changing the exchange rate of the dollar against the dinar, and to propose the required solutions, would be one month, after which it would submit its recommendations to the Council of Ministers for a decision.
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Iraqi Ministry of Planning
March 23, 2021 12:59 PMMubasher: The Iraqi Ministry of Planning set, today, Tuesday, the date for raising recommendations for changing the currency rate on projects, indicating that the state seeks not to harm any party from the decision to raise the price of the dollar.
The Undersecretary of the Ministry Maher Hammoud told the Iraqi News Agency "INA": "The state seeks not to harm any party from the decision of the high exchange rate of the dollar against the dinar, especially private sector projects."
He added that "there are bodies that ask the government for old money and others that have businesses that have not entered into force, or who have a bond or import credit and others, and all of these must be taken into consideration by the state, given that it has changed the exchange rate."
He pointed out that "the committee to address the consequences of the high dollar price on projects will announce the results of its recommendations next Thursday," stressing that "the recommendations will be submitted to the cabinet for approval."
The Undersecretary of the Ministry of Planning Maher Hammad confirmed earlier that the work of the committee that was formed to study the effects of changing the exchange rate of the dollar against the dinar, and to propose the required solutions, would be one month, after which it would submit its recommendations to the Council of Ministers for a decision.
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