Parliamentary Finance resolves the controversy: The Sudanese government has no intention of reducing

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[size=52]Parliamentary Finance resolves the controversy: The Sudanese government has no intention of reducing the exchange rate of the dollar to 1,350 dinars[/size]

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Today, Monday, the Finance Committee in the Iraqi Parliament denied the existence of the intention of the Prime Minister, Muhammad Shia’a al-Sudani, to reduce the exchange rate of the dollar in the budget law for the year 2023, less than the price fixed at (1450).[/size]
[size=45]Committee member Mueen Al-Kazemi said, "The news that talks about the existence of the Prime Minister Muhammad Shia'a Al-Sudani's intention to reduce the exchange rate of the dollar in the 2023 budget law by (1350) is absolutely incorrect, and these news are just rumours."[/size]
[size=45]And Al-Kazemi indicated that “the exchange rate within the budget law for the year 2023 is (1450), and there is no government intention to reduce this price, especially since reducing this price in the budget may exacerbate the crisis at the present time and not solve it.”[/size]
[size=45]Representative Firas Al-Maslamawi revealed, today, Monday, that the Iraqi government and the House of Representatives have directed to adopt the exchange rate of the dollar at 1640 dinars in the current year budget, while indicating that there is an intention to negotiate with the American administration to control the price of the dollar.[/size]
[size=45]On January 26, well-informed Iraqi political sources revealed an undeclared goal for Prime Minister Muhammad Shia' al-Sudani's visit to France.[/size]
[size=45]The sources said, "The visit to France also aims to request Paris' mediation between Iraq and the United States of America, on the issue of the dollar crisis, which has begun to worry the Sudanese and his government greatly, and raises the fears of the coordination framework that this crisis may topple the government quickly."[/size]
[size=45]The government measures taken by Prime Minister Muhammad Shia al-Sudani did not succeed in stopping the huge rise in the exchange rate of the dollar, as Iraqi stock exchanges still recorded more than 161 thousand dinars compared to $100.[/size]
[size=45]Before that, the spokesman for the Islamic Supreme Council, Ali al-Daffi, revealed to Shafaq News agency, "a leading delegation from the Iraqi Ministry of Finance and the Central Bank of Iraq will visit the United States of America in the coming days in order to discuss the policy of the US Federal Reserve and give an appropriate opportunity of time so that Iraqi banks can To adapt and deal with the new banking system.[/size]
[size=45]The US ambassador to Iraq, Alina Romanowski, says that the United States does not set the exchange rate for the dollar and has not imposed sanctions on new Iraqi banks.[/size]
[size=45]And the Iraqi currency lost about 10% of its value, says the Wall Street Journal in a report it published a few days ago, after procedures related to imposing compliance rules on the Central Bank of Iraq's dealings with currency dealers with regard to the US dollar.[/size]
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