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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    Deputy: Parliament is unable to deal with the high price of the dollar

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 268390
    Join date : 2012-12-21
    • Post n°1

    Deputy: Parliament is unable to deal with the high price of the dollar Empty Deputy: Parliament is unable to deal with the high price of the dollar

    Post by Rocky Fri 16 Dec 2022, 4:46 am

    [size=35][size=35]Deputy: Parliament is unable to deal with the high price of the dollar[/size]
    [You must be registered and logged in to see this link.]
    [/size]

    Economie

    [size][size]
    [You must be registered and logged in to see this link.][/size]
    2022-12-15 | 14:20
    [You must be registered and logged in to see this image.]


    [/size]

    Source:
    [You must be registered and logged in to see this link.]

    2,828 views


    Today, Thursday, a member of the House of Representatives, Mueen Al-Kazemi, confirmed that the House of Representatives is unable to deal with the high price of the dollar because this matter is within the competence of the government.


    Al-Kazemi said, in an interview with the “After the Investigation” program broadcast by Al-Sumaria TV, that “there are measures by the US Treasury Department to control the movement of the dollar through the window of selling currency through the central bank to private banks,” explaining that “the central bank was selling 200 million Dollars per day for private banks under the pretext of buying goods from abroad, but what happens is that purchases do not exceed 40% only, while the rest is for financial speculation.





     
    He added, "The government is obligated to deal with the high price of the dollar as it is the executive body," stressing that "the House of Representatives is unable to address the issue because the matter is in the hands of the government as it is the executive body by monitoring merchants and private banks who buy the dollar for 1470 dinars from the Central Bank under the pretext of buying goods. The government must monitor the purchase of goods and the process of entering and storing them," noting that "the government is unable to monitor this process because it needs an efficient and impartial oversight apparatus, and this is not available."
    [rtl]Related articles[/rtl]

    Al-Kadhimi indicated, "The solution cannot be through reducing exchange only, but rather through encouraging the national industry, and there must be an industrial renaissance through the Youth Employment Law through small projects, for which the Central Bank allocated 6 trillion dinars."
     
    He pointed out that "there are efforts being made to maintain the price of the dollar below 1,500 dinars," considering that "returning it to 1,250 dinars requires a deliberate political and economic aspect to reduce the price, because the rise harms the citizen and confuses the market."
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Fri 19 Apr 2024, 3:05 am