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[size=36]Parliamentary Finance stresses the necessity of developing packages to control the dollar exchange rates[/size]
Economy | 03:20 - 10/15/2023
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Baghdad - Mawazine News
The Parliamentary Finance Committee stressed the necessity of developing packages to confront the challenges facing monetary policy to control the dollar exchange rates.
The Media Department of the House of Representatives stated in a statement, which Mawazine News received a copy of, that “the Finance Committee held a meeting, headed by Atwan Al-Atwani and in the presence of members of the Subcommittee (Central Bank and Banking Committee) today, Sunday 10/15/2023, to discuss the report prepared by the Subcommittee.” About the procedures of the Central Bank and private banks, as well as monetary policy in the country.”
During the meeting held at the committee’s headquarters, Al-Atwani stressed “the importance of following up on all measures related to economic affairs and automating taxes as they are the basis for money and the economy, in addition to creating a practical and realistic study by the committee in implementation of the supervisory role, to maintain financial and banking stability, as well as the mechanism of dealing.” With monetary policy.
The statement added, "The committee discussed at the same time the reasons for the rise in the exchange rates of the dollar against the dinar and the necessity of controlling the labor market and putting it on the right track, as the committee stressed the importance of activating the private sector and inviting investors and merchants to listen to relevant opinions and proposals."
He continued, “The Finance Committee listened to the report of the subcommittee on the policy of the Central Bank and private banks and conducted an evaluation of the dealing management and the bank’s tasks in financial trading and developed confrontation packages and challenges facing monetary policy, to control exchange rates, in addition to the issues of granting loans and the housing initiative.” End 29 /h
The Media Department of the House of Representatives stated in a statement, which Mawazine News received a copy of, that “the Finance Committee held a meeting, headed by Atwan Al-Atwani and in the presence of members of the Subcommittee (Central Bank and Banking Committee) today, Sunday 10/15/2023, to discuss the report prepared by the Subcommittee.” About the procedures of the Central Bank and private banks, as well as monetary policy in the country.”
During the meeting held at the committee’s headquarters, Al-Atwani stressed “the importance of following up on all measures related to economic affairs and automating taxes as they are the basis for money and the economy, in addition to creating a practical and realistic study by the committee in implementation of the supervisory role, to maintain financial and banking stability, as well as the mechanism of dealing.” With monetary policy.
The statement added, "The committee discussed at the same time the reasons for the rise in the exchange rates of the dollar against the dinar and the necessity of controlling the labor market and putting it on the right track, as the committee stressed the importance of activating the private sector and inviting investors and merchants to listen to relevant opinions and proposals."
He continued, “The Finance Committee listened to the report of the subcommittee on the policy of the Central Bank and private banks and conducted an evaluation of the dealing management and the bank’s tasks in financial trading and developed confrontation packages and challenges facing monetary policy, to control exchange rates, in addition to the issues of granting loans and the housing initiative.” End 29 /h
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