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Economics takes precedence over politics
The first 2023/02/26
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Haider Al-Jaber
The government of Prime Minister Muhammad Shia al-Sudani is facing two ongoing crises, one of which is emergency and the other is chronic, as the crisis of the exchange rate hike overshadowed a political crisis that began since the end of the last elections in October 2021, and is still continuing until now, and specialists and observers believe that the economic crisis is ahead of the political crisis. And both crises call for a firm and speedy solution.
Independent MP Muhammad Nuri called for dealing with the currency smuggling file to solve the economic crisis, while he considered that rejecting internal disputes and restoring confidence are the solution to the political crisis.
Nuri urged, in an interview with "Al-Sabah", the government, to "address the file of currency smuggling that led to a rise in the exchange rate, which negatively affected the purchasing power of the Iraqi citizen," and added that "reducing the price of the dollar stems from stopping large smuggling operations and strengthening the industry." Iraqi.
Regarding the political crisis, Nuri said: "It began since the beginning of the current electoral cycle and the accompanying controversy, change in the political map and acceleration of events." He indicated that the control of certain political forces over the formation of the government led to a crisis of confidence between the government and the rest of the parties, calling for "work in a spirit Patriotism and rejection of narrow internal differences.
Politician Nadim Al-Jabri attributed the economic crisis to Iraq's rapprochement with China and Germany, while he attributed the political crisis to the exclusion of competencies.
Al-Jabri told Al-Sabah: “The government is facing two economic and political crises, the economic one is linked to the value of the dinar against the dollar, and it is a complex crisis of a political and monetary nature.” Some financial measures do not satisfy the United States, such as Iraq's participation in the Chinese-Arab summit and contracting with the German company (Siemens).
Al-Jabri, a former head of a parliamentary bloc, stressed that "Iraq is under economic occupation, and dealing with this crisis requires settling the matter with the United States, either by completely freeing itself from American restrictions or direct understanding with Washington and keeping pace with it."
With regard to the political crisis, he said: "The government was born with difficulty and with a legislative institution of substitutes or replacements with an electoral boycott of up to 80%." He pointed out that there are "several parties preparing to return to the arena, and the problems are bigger and more such as services and others," and stipulated Al-Jabri to solve the political crisis, "resorting to competencies and reforming the mechanisms of governance to amend the constitution," stressing that "if these two conditions are met, then hope for reform and change will be born."
Edited by: Muhammad Al-Ansari
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