Video: The Central Bank determines the exchange rate of the dollar against the dinar ... and Al-Kaze

by **Rocky** Wed 31 Mar 2021, 7:02 am

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Video: The Central Bank determines the exchange rate of the dollar against the dinar ... and Al-Kaze

by Rocky Wed 31 Mar 2021, 7:02 am

[size=35][size=35]Video: The Central Bank determines the exchange rate of the dollar against the dinar ... and Al-Kazemi describes the strategy as "purposeful"[/size]
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2021-03-31 | 05:54

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Several months after it was sent to the House of Representatives, the federal budget for the year 2000 is still spinning in a vicious circle due to the political disputes that revolve around the provisions of the law and hinder the vote on it ..

External borrowing, the region’s share, job grades, and the dollar exchange rate are the most prominent pending issues in the budget law.

Parliamentarians proposed a specific mechanism and handed it over to the Minister of Finance, which is the adoption of an average exchange rate between the old and the new, which ranges between one thousand and three hundred - one thousand three hundred and fifty dinars, so that the harm would be less for the citizen and at the same time, it would not significantly affect the government. While other deputies confirm that it is not possible to vote on the legislative budget unless the exchange rate of the dollar is reduced.

And between the amendment and the rejection of the vote confirms the Prime Minister [url=https://www.alsumaria.tv/Entity/1267304981/%D9%85%D8%B5%D8%B7%D9%81%D9%89 %D8%A7%D9%84%D9%83%D8%A7%D8%B8%D9%85%D9%8A/ar/]Mustafa Al-Kazemi[/url] That the exchange rate of the dollar against the dinar was taken by the Central Bank according to a vision and strategy that he described as two objectives, explaining that the government began to see the results on the growth of the monetary reserve and on the classification [You must be registered and logged in to see this link.]Fiduciary internationally.

In the meantime, Majida Al-Tamimi, a member of the Parliamentary Finance Committee, announced that it is expected at any moment to determine a session by the Presidency of the Council of Representatives to vote on the budget law. In a strange gesture of its kind, and unlike previous times, the Presidency of Parliament did not specify any new date for voting on the country's budget.
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