A new statement from Parliamentary Finance pushes to change the dollar exchange rate in Iraq
12,998 Policy 2021/08/08 23:15 Baghdad Today - Special
Today, Sunday, the Parliament’s Finance Committee suspended again regarding the exchange rate of the dollar against the Iraqi dinar, at the present time.
Committee member Muhammad Ibrahim told (Baghdad Today) that “the competent executive government authorities are urgently required to review the decision to raise the exchange rate of the dollar at the time, especially since all the justifications and arguments for this decision have disappeared after the rise in the price of oil in global markets.".
And Ibrahim indicated that "citizens so far are still suffering from the consequences of this decision, which has burdened the citizen, especially since this decision has caused a significant increase in the prices of foodstuffs and other materials."
The committee member continued: "We in the Finance Committee will continue to demand the return of the dollar exchange rate to its old price, after the improvement of oil prices."