Al-Kaabi calls for a serious and urgent stop to return to the previous dollar exchange rate
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Al-Kaabi calls for a serious and urgent stop to return to the previous dollar exchange rate
Admin Wed Mar 03, 2021 4:40 pm
Al-Kaabi calls for a serious and urgent stop to return to the previous dollar exchange rate
3rd March, 2021First Deputy Speaker of Parliament, Hassan Al-Kaabi, called on Wednesday for a serious and urgent pause to return to the previous dollar exchange rate.
Al-Kaabi said, during a session of the House of Representatives, that "raising the exchange rate of the dollar has a very negative impact on the life of the Iraqi citizen, and for economic stability in general."
He stressed, "There is a need for a serious and urgent pause for all members of the House of Representatives and the Parliamentary Finance Committee to return to the previous exchange rate."
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The parliament presidency calls for an "urgent pause" to return to the previous exchange rate for the dollar
17:18 - 03/03/2021Hassan Karim Al-Kaabi, First Deputy Speaker of Parliament, called for mobilization in order to push the government to retreat from the decision to raise the exchange rate of the dollar.
Al-Kaabi said, in a speech within the parliament session conveyed by the correspondent of the agency / information / that "the increase in the exchange rate of the dollar has a very large negative impact on the life of the Iraqi citizen, and for economic stability in general."
He added, "There must be a serious and urgent pause for all members of the House of Representatives and the Parliamentary Finance Committee to return to the previous exchange rate."
And the Ministry of Planning announced, earlier in the day, that the inflation index for the month of January increased by 0.9%, and the annual rate of 3.3%. As a result of raising the exchange rate of the dollar against the dinar.
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