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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Deputy proposes to spend half the salaries of employees of some ministries in dollars

    Rocky
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    Deputy proposes to spend half the salaries of employees of some ministries in dollars Empty Deputy proposes to spend half the salaries of employees of some ministries in dollars

    Post by Rocky Fri 02 Apr 2021, 6:43 am

    [size=35][size=35]Deputy proposes to spend half the salaries of employees of some ministries in dollars[/size]
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    2021-04-02 | 04:33
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    Alsumaria News / Baghdad
    , a member of the Parliamentary Finance Committee, Muhammad al-Shabaki, proposed, on Friday, that half of the salary for employees of non-sovereign ministries be spent in dollars for two months at a subsidized price to address the difference between supply and demand for hard currency, which contributes to the stability of its prices.


    Al-Shabaki said in an interview with Alsumaria News, "The Parliamentary Finance Committee was keen to take a set of measures and include them in the budget text in order to reduce and limit the damages that resulted from the high exchange rate of the dollar against the dinar," indicating that "among those measures is the increase in the allocations of the card items." Rationing in order to distribute it regularly on a monthly basis, which affects the stability of prices in the market for basic commodities such as edible oil, sugar and rice as a result of the balance of supply with demand in addition to increasing allocations [url=https://www.alsumaria.tv/Entity/3109220332/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%B9%D9%85%D9%84/ar/]Ministry of Labor[/url]And granting the unemployed with the addition of allocations to farmers, "noting that" the ball is in the government's court today in order to take its own measures to protect prices in the market and monitor the markets, and it is within the specialization of the executive authority and the regulatory agencies. "







    Al-Shabaki added, "The rise in prices was not related to imported goods only, but even local commodities increased their prices without a program or economic feasibility for this rise, which does not give any justification or excuse for their rise by some merchants or market brokers," stressing "the importance of doubling." The government takes measures to deal with inflation and high prices. "

    He pointed out that "within a personal proposal and not a proposal from the Finance Committee, I see the need for the government to spend 50% of the two-month salary for employees in non-sovereign ministries exclusively in dollars and the other half in Iraqi dinars, and that the price is supported between 1300-1350, which clearly contributes to controlling the price of the dollar." In the market, by addressing the issue of a demand for the dollar, but there is no supply, but then the dollar will be available to employees and not only to banks, which reduces the demand for it and speculation in its prices.
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