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[size=36]Al-Kazemi’s spokesman comments on the dollar’s price and the exchange mechanisms of the oil sale[/size]
political| 08:30 - 06/09/2021
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Baghdad - Mawazine News
Hassan Nazim, the official spokesman for the Prime Minister, Mustafa Al-Kazemi, commented, on Monday, about dollar prices in the upcoming budget.
Nazim said, according to the official newspaper, that "increasing the dollar exchange rate is an idea that has been discussed for years, and a previous government did not dare to take this step because of the risks and controversies surrounding it."
He added, "Al-Kazemi's government was bold to take this decision, as it was in the interest of the Iraqi economy, and in the reform economic vision of the Ministry of Finance, as it presented this idea within the reforms of the white paper and it won acceptance and extensive discussion."
And he indicated that "the government always takes steps to support goods and materials whose prices have risen, and has developed solutions and taken decisions regarding them, but the idea of the dollar exchange rate is not retracted by this government, and I do not think that the 2022 budget will change this price, since this government is the one who will set the budget for the next year." .
He continued, "The government at one period was not reassured about its ability to pay the salaries of employees, but with its policy it crossed this crisis and the increase in oil prices came as a catalyst, and even if oil prices increase, there will be major problems unless there is a wise management of the financial resources coming from export. raw.”
And he indicated that "there is a kind of rise in the foreign reserve, and there is no abundance as a result of the accumulated deficit, and therefore any financial increase through which the government will try to fill the deficit with it, and we are not talking about existing surplus funds that we park here and there, but rather we are trying, within the reform white paper, to control the the economy and make it dynamically developed.” Ended 29/A 43
And he indicated that "the government always takes steps to support goods and materials whose prices have risen, and has developed solutions and taken decisions regarding them, but the idea of the dollar exchange rate is not retracted by this government, and I do not think that the 2022 budget will change this price, since this government is the one who will set the budget for the next year." .
He continued, "The government at one period was not reassured about its ability to pay the salaries of employees, but with its policy it crossed this crisis and the increase in oil prices came as a catalyst, and even if oil prices increase, there will be major problems unless there is a wise management of the financial resources coming from export. raw.”
And he indicated that "there is a kind of rise in the foreign reserve, and there is no abundance as a result of the accumulated deficit, and therefore any financial increase through which the government will try to fill the deficit with it, and we are not talking about existing surplus funds that we park here and there, but rather we are trying, within the reform white paper, to control the the economy and make it dynamically developed.” Ended 29/A 43
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