/ Adjusting the exchange rate of 1200 dinars ... Deputy: The decision is exclusively by two sides
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/ Adjusting the exchange rate of 1200 dinars ... Deputy: The decision is exclusively by two sides
Admin Sat Mar 13, 2021 12:38 pm
/ Adjusting the exchange rate of 1200 dinars ... Deputy: The decision is exclusively by two sides
Deputy Sabah Al-Akaili confirmed that the change of the exchange rate from its previous rate of 1200 dinars to its current price, which exceeds 1450 dinars, was made by a decision of the government and the Central Bank to reduce the large deficit in the budget.
"The exchange rate of the dollar has not changed as a result of supply and demand, but rather by a decision by the Iraqi government and the Central Bank to reduce the large deficit in the general budget, so these two parties are obligated to adjust the exchange rate of the dollar and re-raise the price of the dinar," Al-Aqili said in a press statement. Or, providing support to the poor classes that have been greatly affected as a result of the rise in the dollar.
He added that "the survival of the dollar exchange rate in its current position in light of the deterioration of the living conditions of most Iraqi families will generate great political and popular pressure on the Iraqi government and the Ministry of Finance," noting that "the economic situation of Iraq has somewhat improved, and the percentage of deficit in the general budget has decreased by half due to The return of high oil prices, and there is no need for the dollar’s exchange rate to remain as it is, because it has a great impact on the poor class.
https://iraqakhbar.com/2965747
Deputy Sabah Al-Akaili confirmed that the change of the exchange rate from its previous rate of 1200 dinars to its current price, which exceeds 1450 dinars, was made by a decision of the government and the Central Bank to reduce the large deficit in the budget.
"The exchange rate of the dollar has not changed as a result of supply and demand, but rather by a decision by the Iraqi government and the Central Bank to reduce the large deficit in the general budget, so these two parties are obligated to adjust the exchange rate of the dollar and re-raise the price of the dinar," Al-Aqili said in a press statement. Or, providing support to the poor classes that have been greatly affected as a result of the rise in the dollar.
He added that "the survival of the dollar exchange rate in its current position in light of the deterioration of the living conditions of most Iraqi families will generate great political and popular pressure on the Iraqi government and the Ministry of Finance," noting that "the economic situation of Iraq has somewhat improved, and the percentage of deficit in the general budget has decreased by half due to The return of high oil prices, and there is no need for the dollar’s exchange rate to remain as it is, because it has a great impact on the poor class.
https://iraqakhbar.com/2965747
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