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Al-Sudani: The Iraqi dinar is strong and we will not allow its collapse
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Prime Minister Muhammad Shia al-Sudani affirmed that the Iraqi dinar is strong and we will not allow its collapse.
Al-Sudani said in a televised interview with Al-Hadath channel, followed by "Al-Iqtisad News", that the Iraqi dinar is strong and we will not allow its collapse, and this confidence came from the good economic situation, as the revenues are the highest in the history of Iraq, and our balance has reached more than 100 billion dollars.
He warned exchange companies and other parties against selling the dollar at a price of more than 1,320 dinars, explaining that the current dollar problem is concentrated in some merchants, companies and small traders who were accustomed to transfers without import requirements, including the establishment of a company, the import license and the payment of customs taxes.
He added that private banks have a role in development and contribute to the process of financing and lending to investors and businessmen to establish projects, and that some private banks work properly and we help them as a government because there is no development without banks and without a banking system.
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Added 03/07/2023 - 12:55 PM
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Mohamed Shiaa Al-Sudani. "Internet"
Mohamed Shiaa Al-Sudani. "Internet"
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Prime Minister Muhammad Shia al-Sudani affirmed that the Iraqi dinar is strong and we will not allow its collapse.
Al-Sudani said in a televised interview with Al-Hadath channel, followed by "Al-Iqtisad News", that the Iraqi dinar is strong and we will not allow its collapse, and this confidence came from the good economic situation, as the revenues are the highest in the history of Iraq, and our balance has reached more than 100 billion dollars.
He warned exchange companies and other parties against selling the dollar at a price of more than 1,320 dinars, explaining that the current dollar problem is concentrated in some merchants, companies and small traders who were accustomed to transfers without import requirements, including the establishment of a company, the import license and the payment of customs taxes.
He added that private banks have a role in development and contribute to the process of financing and lending to investors and businessmen to establish projects, and that some private banks work properly and we help them as a government because there is no development without banks and without a banking system.
Views 109
Added 03/07/2023 - 12:55 PM
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