Al-Bawi: Parliament's assertion of $ 6 billion in abundance negates the need to besiege the people

Admin Wed Mar 03, 2021 4:37 pm

09:21 - 03/03/2021
Political analyst Hazem Al-Bawi said that the Parliamentary Finance Committee's assurances that there is no justification for the government to continue besieging the people through austerity and raising the exchange rate of the dollar.

"The government is required to explain the reasons for the continuation of the austerity imposed on the people in light of the Parliamentary Finance Committee's talk about a dollar abundance of more than 6 billion dollars without any increase in the reserves of the Central Bank." He added, "The points raised by the government advisory team and the last of them on the lips of the appearance of Muhammad Salih are cause for an objective reading, as they indicate unmistakably that the difference in the price of a barrel of oil in the federal budget for the current year goes to fill the deficit, and the government may not need to borrow."

Al-Bawi stressed that "this development exposes the fact that there is no need for two important matters that the government has resorted to and claimed that it is fighting the deficit in them, namely borrowing and imposing austerity measures on groups of people who suffer from the brutality of the difficult economic conditions and the complete absence of the ration card items, in addition to the new circumstances imposed by the pandemic," They called on the deputies and the government to take into account this humanitarian aspect.

https://www.almaalomah.com/2021/03/03/523282/