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Parliamentary Finance: Speculators continue to manipulate the selling prices of goods and commodities to an exaggerated extent
Sunday, November 19, 2023 12:59 PM
Baghdad/National News Center
The head of the Finance Committee in the Iraqi Parliament, Atwan Al-Atwani, confirmed that some merchants continue to manipulate the prices of goods and merchandise despite providing hard currency for their transactions.
Al-Atwani said in a statement, received by the National News Center, that
“despite the government’s keenness to provide all the necessary financial facilities and support to all merchants, the greedy among them and the speculators are still living off crises by maximizing their profits and inflating their coffers, at the expense of the livelihood of the poor.” He added,
“Unfortunately, we note that these speculators and profiteers did not give any consideration or respect to the government’s commitment to provide hard currency for their commercial transactions through the official Central Bank platform, as
they continue their suspicious trade by manipulating the selling prices of goods and commodities to an exaggerated extent under the pretext of the high price of the dollar.
Even though they import it at the official price.”
Al-Atwani called on the government and its regulatory agencies to “tighten control over the market, to ensure price stability, and to
impose the harshest penalties on weak-minded traders,
so that they can serve as an example to others.”
https://nnciraq-com.translate.goog/237472/
Sunday, November 19, 2023 12:59 PM
Baghdad/National News Center
The head of the Finance Committee in the Iraqi Parliament, Atwan Al-Atwani, confirmed that some merchants continue to manipulate the prices of goods and merchandise despite providing hard currency for their transactions.
Al-Atwani said in a statement, received by the National News Center, that
“despite the government’s keenness to provide all the necessary financial facilities and support to all merchants, the greedy among them and the speculators are still living off crises by maximizing their profits and inflating their coffers, at the expense of the livelihood of the poor.” He added,
“Unfortunately, we note that these speculators and profiteers did not give any consideration or respect to the government’s commitment to provide hard currency for their commercial transactions through the official Central Bank platform, as
they continue their suspicious trade by manipulating the selling prices of goods and commodities to an exaggerated extent under the pretext of the high price of the dollar.
Even though they import it at the official price.”
Al-Atwani called on the government and its regulatory agencies to “tighten control over the market, to ensure price stability, and to
impose the harshest penalties on weak-minded traders,
so that they can serve as an example to others.”
https://nnciraq-com.translate.goog/237472/
