May 10, 2013 in
BAGHDAD / News Network Iraq - A member of the Finance Committee proposal to his committee spends agreement with the Central Bank and Ministry of Finance on the distribution of salaries of all state employees in hard currency (dollar) for one month to end the "exploitation" of private banks and banking companies to citizens. Said a member of the Finance Committee Secretary in a press statement today, "I suggested to the Finance Committee to hold the distribution of salaries of all Iraqi staff in dollars rather than the Iraqi dinar, the official exchange rate, for a period of one month to pull the rug from under the private banks that exploit citizens, and raise the value of the dollar against the Iraqi dinar." he added Hadi that "the proposal will make the process reversed and the citizen is the owner of hard currency, and therefore can not be for the owners of banks exploiting hard currency again." The dollar rose against the Iraqi dinar and the difference from the official exchange rate announced by the Central Bank of Iraq up to 10 thousand dinars per 100 dollar against the Iraqi dinar.
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