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Economist: If the car market is controlled, the real estate, gold and medicine market will be controlled
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Economy News-Baghdad
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Added 08/21/2023 - 10:35 AM
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Economy News-Baghdad
Economic expert Safwan Qusay said, on Monday, that the process of controlling the sale and purchase of cars will be a window to control the real estate, valleys and gold markets in Iraq.
Qusai explained in an interview with his “newspaper”, which is affiliated with “Al-Iqtisad News”, that “the process of controlling the exchange rate requires that all types of cars be sold inside the Iraqi market in Iraqi dinars, and that they be imported by companies and even individual importers through the platform, and cars are not allowed to be registered in departments.” passage unless they obtain confirmation that the import process has taken place through the electronic platform.”
He added, “There is supposed to be a commitment and control over car showrooms in all governorates, including the Kurdistan region, to comply with the sale of cars in Iraqi dinars.”
Qusai pointed out that “the government is continuing to control all kinds of commodities,” suggesting that “cars with large sums of money are not bought and sold except through Iraqi banks so that we know what is the source of the Iraqi dinar that buys the car and who is the one that sells it.”
He concluded by saying, "If the car market is controlled, then the real estate, gold and medicine market will be controlled."
Views 43
Added 08/21/2023 - 10:35 AM
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