Parliamentary Finance resolves the controversy over changing the price of the dollar in the budget

2021-02-05 04:14

Shafaq News / The Parliamentary Finance Committee responded, on Friday, to the requests of members of Parliament regarding changing the price of the dollar in the budget law, while it confirmed that the price is fixed according to what is specified by the government.

Committee member Shirwan Mirza told Shafaq News Agency, "The price of the dollar is fixed and has not been tampered with, considering that it was determined according to the financial policy of the Iraqi government."

He added that "the requests of members of Parliament regarding changing the exchange rate of the dollar against the Iraqi dinar, do not go beyond being requests only," stressing that "the Parliamentary Finance Committee does not have any authority to change the exchange rate."

Mirza added, "The Parliamentary Finance Committee worked according to the powers granted to it only to amend and replace some articles of the budget law for the year 2021."

A member of the Parliamentary Economic and Investment Committee, Mazen Al-Faily revealed earlier to Shafaq News, that a request had been submitted by a group of deputies to change the exchange rate of the US dollar to 130,000 Iraqi dinars in the general budget law for 2021.

The Central Bank of Iraq had decided to raise the price of selling the dollar to banks and exchange companies to 1460 dinars, from 1182 dinars to the dollar, with the aim of compensating for the decline in oil revenues caused by the deterioration of oil prices.




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