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Legal Expert: Raising The Dollar Exchange Rate In The Budget Is Against The Constitution
03/14/2022
42
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03/14/2022
42
[You must be registered and logged in to see this link.]
Earth News/ Legal expert Ali Al-Tamimi confirmed today, Monday, that raising the dollar exchange rate in the budget law is in violation of the Constitution and the Charter of the International Covenant.
Al-Tamimi said in an interview with Earth News, “The rise in the dollar exchange rate to 1450 violates Articles 30 and 31 of the Iraqi Constitution, which obliges the state to provide a free, dignified life and appropriate income,” noting that “raising the price also violates Articles 23 and 26 of the International Covenant on Rights.” Civil and political matters that all member states of the United Nations are obliged to abide by.
Al-Tamimi added that “the Central Bank Law 56 of 2004 is an independent body under Article 3 of this law and also the bank’s instructions for 2017, and therefore it is he who determines the exchange rate, and if there is an increase in the price, it is necessary to control market prices and prevent inflation, which will increase poverty even poorer “.
Al-Tamimi indicated that “the budget law can be challenged if it is legislated by Parliament before the Federal Court, and Parliament can not agree to the legislation of this law and return it to the government to amend it because Parliament can do so constitutionally as it represents society in accordance with Article 61 of the Constitution as well as Article 13 of the Financial Management Law 6 of 2019".
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Al-Tamimi said in an interview with Earth News, “The rise in the dollar exchange rate to 1450 violates Articles 30 and 31 of the Iraqi Constitution, which obliges the state to provide a free, dignified life and appropriate income,” noting that “raising the price also violates Articles 23 and 26 of the International Covenant on Rights.” Civil and political matters that all member states of the United Nations are obliged to abide by.
Al-Tamimi added that “the Central Bank Law 56 of 2004 is an independent body under Article 3 of this law and also the bank’s instructions for 2017, and therefore it is he who determines the exchange rate, and if there is an increase in the price, it is necessary to control market prices and prevent inflation, which will increase poverty even poorer “.
Al-Tamimi indicated that “the budget law can be challenged if it is legislated by Parliament before the Federal Court, and Parliament can not agree to the legislation of this law and return it to the government to amend it because Parliament can do so constitutionally as it represents society in accordance with Article 61 of the Constitution as well as Article 13 of the Financial Management Law 6 of 2019".
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