[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
On Thursday, economic expert Manar Al-Obaidi presented solutions to address the temporary rise in dollar exchange rates.
Al-Obaidi said in a publication, "The effect of the rise of the dollar against the Iraqi dinar has great repercussions, especially on the fragile class as a result of the rise in prices of various materials, particularly basic foodstuffs," noting that "the price of the dollar is not as important to the simple Iraqi citizen as the high prices of basic materials and high inflation rates are." ".
He explained that "the basis for importing foodstuffs is from Turkey in particular and from Iran," noting that "the most affected materials are flour, meat, vegetables, and other factors affecting the price hike are transportation and operational costs."
He pointed out that "the basis for reducing the vulnerability of these products to the prices of changing these materials is to provide support packages for the import of these materials in order to reduce their vulnerability to exchange rates and also work to reduce the costs of sold fuel, especially diesel and black oil, which will contribute to reducing the operational costs of transportation and operation of capable Iraqi factories." To compensate for some products, as well as to allow the import of wheat through the private sector in order to operate mills to provide flour products at reasonable prices.
And he warned that "the solutions above are temporary until the return of exchange rates to normal, since the change resulted from procedures and the strength of the Iraqi economy has nothing to do with this rise."
Views 52Added 12/15/2022 - 9:40 AMUpdated 12/15/2022 - 2:23 PM[You must be registered and logged in to see this link.]