Al-Fath: We are surprised at the financial and central submission to the pressure of the International Monetary Fund regarding the exchange rates of the dollar
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Al-Fath: We are surprised at the financial and central submission to the pressure of the International Monetary Fund regarding the exchange rates of the dollar
Admin Sat Mar 13, 2021 12:15 pm
Opinion piece!
Al-Fath: We are surprised at the financial and central submission to the pressure of the International Monetary Fund regarding the exchange rates of the dollar
15:30 - 13/03/2021
On Saturday, the Al-Fateh Alliance criticized the central bank and the Finance Ministry's submission to the pressures exerted by the International Monetary Fund regarding not raising the dollar exchange rates.
A member of the coalition, Hamid Al-Mousawi, said in a statement to Al-Maaloumah Agency, that “there are internal parties that do not consider the disastrous effects that the collective refusal to keep exchange rates will be the same,” stressing that “these parties put pressure on the Ministry of Finance and the Central Bank to keep prices. The exchange as it is for personal purposes and mono benefits.
He added, "The insistence of the financial authorities in the state to keep the exchange rates as they are without serious and real scientific and economic study has caused a delay in many of the works and projects that the citizen who has fallen victim to ill-considered government decisions awaits."
He noted that "this insistence pushed the government to find solutions to compensate the contractors who were affected by the high exchange rates in addition to the small sectors that are close to collapse."
He pointed out that "government losses in light of the current exchange rates will be greater and will exhaust future budgets, and we have presented evidence and evidence in this regard."
https://www.almaalomah.com/2021/03/13/524988/
Al-Fath: We are surprised at the financial and central submission to the pressure of the International Monetary Fund regarding the exchange rates of the dollar
15:30 - 13/03/2021
On Saturday, the Al-Fateh Alliance criticized the central bank and the Finance Ministry's submission to the pressures exerted by the International Monetary Fund regarding not raising the dollar exchange rates.
A member of the coalition, Hamid Al-Mousawi, said in a statement to Al-Maaloumah Agency, that “there are internal parties that do not consider the disastrous effects that the collective refusal to keep exchange rates will be the same,” stressing that “these parties put pressure on the Ministry of Finance and the Central Bank to keep prices. The exchange as it is for personal purposes and mono benefits.
He added, "The insistence of the financial authorities in the state to keep the exchange rates as they are without serious and real scientific and economic study has caused a delay in many of the works and projects that the citizen who has fallen victim to ill-considered government decisions awaits."
He noted that "this insistence pushed the government to find solutions to compensate the contractors who were affected by the high exchange rates in addition to the small sectors that are close to collapse."
He pointed out that "government losses in light of the current exchange rates will be greater and will exhaust future budgets, and we have presented evidence and evidence in this regard."
https://www.almaalomah.com/2021/03/13/524988/
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