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[size=35][size=35]The solution to controlling the dollar does not lie in patchwork measures[/size]
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2023-01-23 | 05:00
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Concern is increasing across the country about the record rise in dollar exchange rates, accompanied by government confusion as a result of the United States imposing long-term controls on dollar transactions, a crisis that does not need paper or media solutions as some call it as Much as it needs actual intervention from the responsible authorities to remedy the state of collapse that the Iraqi dinar is going through.
Although many rely on approving the general budget, hoping that it will bear the expected solutions to address the deteriorating economic reality, deputies believe the opposite, as they affirm that the budget will not include what is different in terms of procedures that can achieve the desired results.
Since the year 2003, Iraqi banks have operated under less stringent rules, but after nearly two decades, US and Iraqi officials assert that the time has come to make the Iraqi banking system more compliant with global controls related to money transfers, as until that date. the citizen will continue to bear the consequences.
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2023-01-23 | 05:00
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969 views
In light of the rise in the exchange rates of the dollar, economists believe that the solution does not lie in patchwork measures as much as there should be a serious move to address the existing crisis.
Concern is increasing across the country about the record rise in dollar exchange rates, accompanied by government confusion as a result of the United States imposing long-term controls on dollar transactions, a crisis that does not need paper or media solutions as some call it as Much as it needs actual intervention from the responsible authorities to remedy the state of collapse that the Iraqi dinar is going through.
Although many rely on approving the general budget, hoping that it will bear the expected solutions to address the deteriorating economic reality, deputies believe the opposite, as they affirm that the budget will not include what is different in terms of procedures that can achieve the desired results.
Since the year 2003, Iraqi banks have operated under less stringent rules, but after nearly two decades, US and Iraqi officials assert that the time has come to make the Iraqi banking system more compliant with global controls related to money transfers, as until that date. the citizen will continue to bear the consequences.
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