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[rtl][size=33]Economists: Solving the dollar crisis needs long-term solutions [/size][/rtl]
[rtl]WRITTEN BY: SOCIAL BAGHDAD[/rtl]
[rtl]Economists considered that controlling dollar prices requires time and long-term solutions due to the complete paralysis of the productive sector in Iraq.
Experts explained that the agricultural and industrial productive sector in Iraq is completely suspended, and that Iraq remains dependent on imports will drain the dollar from the Iraqi markets, and the neighboring countries are the biggest winners, in addition to the difficulty of controlling smuggling and speculation mafias by the competent authorities, ruling out the return of the dollar to normal exchange rates quickly – In light of the economic data, it is worth noting that there is a contradiction between government statements, with the assumptions of economists, that the exchange rate of the dollar should stabilize at its current rates in the parallel market.
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[rtl]WRITTEN BY: SOCIAL BAGHDAD[/rtl]
- 08-14-2023
[rtl]Economists considered that controlling dollar prices requires time and long-term solutions due to the complete paralysis of the productive sector in Iraq.
Experts explained that the agricultural and industrial productive sector in Iraq is completely suspended, and that Iraq remains dependent on imports will drain the dollar from the Iraqi markets, and the neighboring countries are the biggest winners, in addition to the difficulty of controlling smuggling and speculation mafias by the competent authorities, ruling out the return of the dollar to normal exchange rates quickly – In light of the economic data, it is worth noting that there is a contradiction between government statements, with the assumptions of economists, that the exchange rate of the dollar should stabilize at its current rates in the parallel market.
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