Economist: The rise in the dollar’s exchange rate returned to the region with large sums
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Economist: The rise in the dollar’s exchange rate returned to the region with large sums
Admin Tue Mar 23, 2021 2:23 pm
Economist: The rise in the dollar’s exchange rate returned to the region with large sums
08:54 - 23/03/2021
Information / private
Economist Wissam Al-Tamimi said that the budget law stipulated that the region would deliver imports of 250,000 barrels of oil to Baghdad, while the rise in the dollar would increase the region’s share of oil imports, especially since information is still vague about the amount of oil exports from the region.
Al-Tamimi said to "the information", "The value of the dollar rose against the dinar by more than 20 percent, as this increase resulted in large returns for the region in light of the high oil prices."
He added that "Kurdistan's proportion of the budget amounting to 13 percent will remain the same, but the region will get additional revenues by increasing the income of the dinar in light of the high dollar."
He explained, “The region is obligated to deliver imports of 250 thousand barrels to Baghdad, while the real numbers of the quantities exported through the region are still unknown, and therefore the region is the first to benefit from the high exchange rate as well as oil prices, at a time when the citizen lives great suffering and an economic blockade imposed by the government To serve specific agendas. 25 n
https://www.almaalomah.com/2021/03/23/526588/
08:54 - 23/03/2021
Information / private
Economist Wissam Al-Tamimi said that the budget law stipulated that the region would deliver imports of 250,000 barrels of oil to Baghdad, while the rise in the dollar would increase the region’s share of oil imports, especially since information is still vague about the amount of oil exports from the region.
Al-Tamimi said to "the information", "The value of the dollar rose against the dinar by more than 20 percent, as this increase resulted in large returns for the region in light of the high oil prices."
He added that "Kurdistan's proportion of the budget amounting to 13 percent will remain the same, but the region will get additional revenues by increasing the income of the dinar in light of the high dollar."
He explained, “The region is obligated to deliver imports of 250 thousand barrels to Baghdad, while the real numbers of the quantities exported through the region are still unknown, and therefore the region is the first to benefit from the high exchange rate as well as oil prices, at a time when the citizen lives great suffering and an economic blockade imposed by the government To serve specific agendas. 25 n
https://www.almaalomah.com/2021/03/23/526588/
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