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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

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


    Concerning the “Al-Ahed” .. Parliamentary Finance is moving to adopt a law that sets the exchange ra

    Rocky
    Rocky
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    Concerning the “Al-Ahed” .. Parliamentary Finance is moving to adopt a law that sets the exchange ra Empty Concerning the “Al-Ahed” .. Parliamentary Finance is moving to adopt a law that sets the exchange ra

    Post by Rocky Mon 16 Jan 2023, 5:22 am

    Concerning the “Al-Ahed” .. Parliamentary Finance is moving to adopt a law that sets the exchange rate at 130,000 dinars

    23-01-16 12:02:00


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    8

    Covenant / Baghdad
    A member of the Parliamentary Finance Committee, Representative Mohsen Al-Saeedi, confirmed that his committee adopts adding a paragraph to the budget to reduce the exchange rate of the dollar, while announcing the adoption of a law that maintains a fixed price for the national currency against the dollar.
    Al-Saeedi said in a statement to Al-Ahed website today, Monday, that "the rise in the exchange rate is not matched by realistic strategic measures that reduce its impact on citizens so far," noting that "the legislative authority, through the Parliamentary Finance Committee, adopts adding a paragraph to the 2023 budget that provides for a reduction in the exchange rate."
    Al-Saeedi revealed, "Movement in the Parliamentary Finance Committee to adopt the law to preserve the national currency to limit any manipulation or rise in the exchange rate of the dollar," explaining that "the proposal for the law to preserve the national currency will make the exchange rate of one hundred dollars set at 130 thousand dinars, taking into account the economic pressure." ".
    He expressed his aspiration for the government of Prime Minister Muhammad Shia'a al-Sudani to take more realistic and strategic measures to limit the impact of the dollar's rise on citizens and ease their burden.
    He pointed out that "raising the exchange rate of the dollar, despite its positive impact on bridging the deficit last year, has become a negative impact on the lives of the poor and a burden on citizens," calling for "establishing a mechanism to restore the exchange rate of the dollar in a way that does not harm the economy and the poor citizen."
    He noted that "the exchange rate of the dollar is one of the most important points that delay the approval of the budget, along with other important points of contention between the region and the center, which are being resolved."
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