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The Parliamentary Finance Committee confirmed, anticipating the arrival of the current year’s budget at the end of this week, indicating that the budget will end the dollar speculation crisis and will raise the value of the dinar.
Committee member Jamal Cougar said in a press statement today, Sunday, that "the government is determined to send the budget in the coming days, and it is expected to reach Parliament at the end of the week."
He added, "The crisis cannot continue regarding the dollar, so the approval of the budget is a positive indicator and a strong improvement for the Iraqi dinar, as it will spend about 200 trillion dinars in the market in exchange for the exchange of the dollar."
He pointed out that "the features of the budget for the current year are radically different from what they were in previous years and will include reform measures within the government curriculum."
Last Thursday, the Parliamentary Finance Committee revealed its intention to form a committee to follow up on the delay in sending the draft budget law, calling on the government to expedite sending the draft federal budget bill for the year 2023 to the House of Representatives.
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