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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    A parliamentary committee threatens to withdraw confidence from officials if the dollar is kept high

    Rocky
    Rocky
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    A parliamentary committee threatens to withdraw confidence from officials if the dollar is kept high Empty A parliamentary committee threatens to withdraw confidence from officials if the dollar is kept high

    Post by Rocky Tue 30 Mar 2021, 7:04 am

    [size=36]A parliamentary committee threatens to withdraw confidence from officials if the dollar is kept high in the budget[/size]



    [size=36]Political| 11:05 - 30/03/2021[/size]


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    BAGHDAD - Mawazine News The
    Committee to Monitor the Implementation of the Parliamentary Government Program confirmed, on Tuesday, that in the event that the government and the Central Bank insist on the decision to raise the price of the dollar, we will proceed with procedures for withdrawing the powers of those who are not qualified.
    The head of the committee, Deputy Hazem Al-Khalidi, said, "The government has admitted on more than one occasion the damages and negative effects of the decision to raise the price of the dollar against the Iraqi dinar."
    He added that among those damages:
    1- The report of the Central Bureau of Statistics of the Ministry of Planning, which approved an increase in annual inflation rates continuously from November 2020 until February 2021, to nearly 5 percent, which means that the increase in consumer goods prices within the local Iraqi market continues.
    2- A paragraph was added to the budget that included allocating compensation to contractors affected by the decision of the dollar exchange rate of about 500 billion dinars, which is a clear recognition of the damages of the decision, so the government goes to compensate contractors and neglects the millions of Iraqis who live below the poverty line.
    3- The Ministry of Planning affirms that poverty rates have risen to about 25 percent, which means that there are about 10 million poor citizens inside the country, especially in the central and southern governorates.
    4- The High Commission for Human Rights warns of the continued increase in food prices and the rise in poverty rates, and calls on the government to declare a state of humanitarian emergency.
    Al-Khalidi stressed that "despite these admissions and warnings, the government, backed by some political forces, continues to insist on this decision despite its negatives and risks, as well as the absence of all government justifications for taking it, which is surprising after the popular campaign launched by the citizens to cancel the decision."
    He stressed that "in the event that the government and the central bank continue to insist on this decision, we will initiate a parliamentary campaign to amend the laws of the Central Bank and the Ministry of Finance and withdraw these powers from those who are not qualified." Ended 29 / p4
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