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[size=36]Abdullah calls on the Council of Ministers, Finance and the Central Bank to reconsider the financial policy[/size]
political| 04:49 - 12/28/2022
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Baghdad - Mawazine News
, the Second Deputy Speaker of the House of Representatives, Shakhwan Abdullah, called, on Wednesday, three parties to reconsider the financial policy to prevent a rise in the exchange rate of the dollar.
Abdullah said in a statement, which Mawazine News received a copy of, that he "calls on the Council of Ministers in the federal government, the Ministry of Finance and the Central Bank of Iraq to reconsider financial policy, take sound measures and decisions, and increase the opening of foreign currency sales outlets in banks and at the government rate, in order to prevent The rise in the exchange rate of the US dollar, which has recently negatively affected markets and basic food commodities, burdening the citizen.
Abdullah pointed out, "The need to implement precautionary financial policies to maintain the exchange rates of the dollar against the Iraqi dinar, and to enhance the demand for the national currency through the continuation of state spending on infrastructure projects, the acceleration of economic growth rates and the increase in internal demand."
And he added, "Those who control black markets must not be enabled to benefit from exchange rate turmoil, and to cordon off erroneous monetary practices that harm the economy and commercial activity throughout the country." Ended 29 / H
, the Second Deputy Speaker of the House of Representatives, Shakhwan Abdullah, called, on Wednesday, three parties to reconsider the financial policy to prevent a rise in the exchange rate of the dollar.
Abdullah said in a statement, which Mawazine News received a copy of, that he "calls on the Council of Ministers in the federal government, the Ministry of Finance and the Central Bank of Iraq to reconsider financial policy, take sound measures and decisions, and increase the opening of foreign currency sales outlets in banks and at the government rate, in order to prevent The rise in the exchange rate of the US dollar, which has recently negatively affected markets and basic food commodities, burdening the citizen.
Abdullah pointed out, "The need to implement precautionary financial policies to maintain the exchange rates of the dollar against the Iraqi dinar, and to enhance the demand for the national currency through the continuation of state spending on infrastructure projects, the acceleration of economic growth rates and the increase in internal demand."
And he added, "Those who control black markets must not be enabled to benefit from exchange rate turmoil, and to cordon off erroneous monetary practices that harm the economy and commercial activity throughout the country." Ended 29 / H
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