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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

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Established in 2006 as a Community of Reality

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    Central Bank: We need the cooperation of the Ministries of Commerce and Finance to control the price

    Rocky
    Rocky
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    Join date : 2012-12-21

    Central Bank: We need the cooperation of the Ministries of Commerce and Finance to control the price Empty Central Bank: We need the cooperation of the Ministries of Commerce and Finance to control the price

    Post by Rocky Mon 02 Jan 2023, 4:50 am

    Central Bank: We need the cooperation of the Ministries of Commerce and Finance to control the price of the dollar

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    Economy News-Baghdad
    A member of the Board of Directors of the Central Bank, Majed Al-Suri, called, on Monday, for government measures to be taken to support the bank's measures in the face of the rise in the exchange rate.
    Al-Suri told "Al-Iqtisad News" that "the central bank moved through monetary policy tools to control the price hike by facilitating access to the dollar and allowing cash sales to travelers, whether for tourism, study or treatment, through the electronic card, at a value of 10 thousand dollars."
    He explained that "the monetary measures of the Central Bank will not be integrated or achieve their fruits without being matched by financial measures by the government, which is to control borders and taxes and check import licenses."
    Al-Suri, a representative of the private sector in the Central Bank, pointed out that "the government's financial policy must be carried out by the Ministry of Finance by controlling borders and taxes, and by the Ministry of Commerce by checking import licenses."
    He pointed out that without communication between these agencies and focusing spending on economic development, the measures of the Central Bank alone are not sufficient in addressing the issue of the exchange rate.


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    Added 01/02/2023 - 12:40 PM
    Updated 01/02/2023 - 1:48 PM


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