Proposes the distribution of parliamentary financial (50%) of the employees' salaries to support the dollar currency exchange rate of the dinar

This one is a wait and see!
14-05-2013 11:04 AM


Baghdad (news) .. The parliamentary Finance Committee proposed distribution ratio (50%) of the salaries of state employees in hard currency to prevent the monopoly of the U.S. dollar to certain destinations and to support the exchange rate of the Iraqi dinar.

A member of the Committee MP / National Alliance / Abdul Hussein al-Yasiri (of the Agency news): The Finance committee met with the Governor of the Central Bank of the agency and discussed with him the things that pertain to monetary policy and the main reasons for the low value of the Iraqi dinar against the dollar.

Between: that the sale of hard currency are banks and some companies is almost a proprietary process to be certain destinations without the other, stressing that the central bank expressed bewilderment how to provide hard currency in the market and deliver them to those who need.

He added: that the Finance Committee parliamentary submitted a proposal to distribute proportion (50%) of the salaries of state employees in USD for the employee sold to the market and therefore will be available dollar and dramatically in the market, and thus lead to lower its price, and prevents monopoly of hard currency for certain destinations without the other.


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