Home
https://al-iraqinews.com/archives/310842
Conscious / exclude the change in the value of the dinar against the dollar in the budget
November 10, 2022 9 Views
Conscious / Baghdad / G .M
The Parliamentary Finance Committee ruled out a change in the value of the dinar against the dollar in next year's budget,
pointing out that the price of a barrel of oil will not be the same as its predecessor in the budget, especially with the increase in world prices.
“There is an urgent need to make changes in the investment budget to suit the actual need of the country in order to implement the government program of the Sudanese government,” said committee member Jamal Ahmed in an interview with (Iraqi media news agency / WA), that
"there is an urgent need to make changes in the investment budget to suit the actual need of the country in order to implement the government program of the Sudanese government.
“The dollar exchange rate in the budget will remain fixed without any changes,
especially since the central bank is responsible for this policy and has made its opinion clear on this issue,” he added. He pointed out that
”the price of a barrel of oil in the budget will change from the previous one, and
it is likely that it will be lower than the price offered on the world markets,“
pointing to the importance of ”setting a reserve price for oil in the budget, especially since the world markets may witness an increase in the supply of oil.
T / G . M
Conscious / exclude the change in the value of the dinar against the dollar in the budget
November 10, 2022 9 Views
Conscious / Baghdad / G .M
The Parliamentary Finance Committee ruled out a change in the value of the dinar against the dollar in next year's budget,
pointing out that the price of a barrel of oil will not be the same as its predecessor in the budget, especially with the increase in world prices.
“There is an urgent need to make changes in the investment budget to suit the actual need of the country in order to implement the government program of the Sudanese government,” said committee member Jamal Ahmed in an interview with (Iraqi media news agency / WA), that
"there is an urgent need to make changes in the investment budget to suit the actual need of the country in order to implement the government program of the Sudanese government.
“The dollar exchange rate in the budget will remain fixed without any changes,
especially since the central bank is responsible for this policy and has made its opinion clear on this issue,” he added. He pointed out that
”the price of a barrel of oil in the budget will change from the previous one, and
it is likely that it will be lower than the price offered on the world markets,“
pointing to the importance of ”setting a reserve price for oil in the budget, especially since the world markets may witness an increase in the supply of oil.
T / G . M
