Economic center: Parliament cannot change the exchange rate of the dollar

by **RamblerNash** Mon Mar 22, 2021 11:42 pm

Time: 03/22/2021 09:33:33

{Economic: Al-Furat News} Wissam Al-Hilu, Director of the Iraqi Political Economic Center, stressed that the House of Representatives cannot change the exchange rate of the dollar.

In a statement, Al-Furat News received a copy of it, Al-Hilu said, "One of the main tasks of the Iraqi Central Bank is to determine the exchange rate in coordination with the Ministry of Finance and the government, and that the House of Representatives has no right to determine the exchange rate."

And he indicated that "if the parliament insists on changing the exchange rate in the budget allocated for the year 2021, the Central Bank of Iraq will appeal the budget."

Al-Hilu added, "What is happening in the corridors of the House of Representatives is nothing but electoral gain among specific blocs in order to gain the friendliness of the Iraqi street," calling for "strengthening state revenues and customs, controlling all border outlets and supporting sectors affected by the change of the exchange rate and finding quick economic solutions that enhance the Evaluating the Iraqi private sector and supporting small enterprises with bank loans that enhance the labor market in Iraq.

Forgiveness Al-Khalidi

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