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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    An expert reveals the size of the financial damage the government has borne as a result of the excha

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280719
    Join date : 2012-12-21
    • Post n°1

    An expert reveals the size of the financial damage the government has borne as a result of the excha Empty An expert reveals the size of the financial damage the government has borne as a result of the excha

    Post by Rocky Thu 16 Feb 2023, 5:33 am

    An expert reveals the size of the financial damage the government has borne as a result of the exchange rate cut

    [ltr]2023.02.16 - 09:02[/ltr]


    [You must be registered and logged in to see this image.]


      
    Baghdad - people  
    On Thursday, Professor of Economics at the University of Basra, Nabil Al-Marsoumi, revealed the size of the financial damage the government borne as a result of the devaluation of the exchange rate.  
      
    [You must be registered and logged in to see this link.]  
      
      
    Al-Marsoumi said in a post followed by “NAS” (February 16, 2023), that “22 trillion dinars is the amount of direct financial damage that the government borne as a result of the reduction in the exchange rate of the dollar against the dinar, which led to an increase in the internal debt, valued at the new exchange rate, from 50 to 55 billion.” Dollars and the decrease in government revenues denominated in dinars by about 15 trillion dinars in the 2023 budget.  
      
    He added, "However, commodity prices did not decrease in the local market, and the gap between the official and parallel prices of the dollar against the dinar did not shrink."  
      
    And the Cabinet approved, earlier, the decision to adjust the exchange rate of the dollar by the equivalent of 1,300 dinars.  
      
    The media office of the Prime Minister said in a statement, which "NAS" received a copy of, (February 7, 2023), that "the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to adjust the exchange rate of the dollar against the dinar, equivalent to 1,300 dinars per dollar."      
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Tue 12 Nov 2024, 2:57 pm