A legal expert confirms the possibility of changing the dollar exchange rate with a proposal from the Governor of the Central Bank and the approval of Parliament
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
A legal expert confirms the possibility of changing the dollar exchange rate with a proposal from the Governor of the Central Bank and the approval of Parliament

Saturday 19 February 2022 12:58
Baghdad / NINA / - The legal expert, Ali Al-Tamimi, confirmed the possibility of changing the dollar exchange rate with a proposal from the Governor of the Central Bank and the approval of Parliament.
Al-Tamimi said in a statement: "According to Article 61 Seventh / B of the constitution, 25 deputies can raise a general topic for discussion and clarification and host the competent minister. Also, Article 58 of the constitution authorized the holding of the extraordinary session with the approval of 50 deputies, and this is not an interrogation, but rather an interrogation in agreement with the constitution. Parliament's bylaws.
He explained: "Economic security is one of the first priorities of the government of managing daily affairs, meaning that security is an exception to the concept of conducting business or daily affairs, and the governor of the Central Bank can suggest changing the exchange rate of the dollar and bringing it down and presenting this to Parliament to give it legitimacy, and then if he is lucky. Voting by the absolute majority of the number of members, half of the total number plus one, adopts this change,” noting: “The justification for this is the impact of this rise in the exchange rate on the poor and the prevalence of crime, suicide and heinous crimes, just as the rise in the exchange rate violates Articles 30 and 31 of the constitution, which The government is obligated to provide a free and decent life.
He pointed out that the other solution is that after this clarification, this proposal to go down the exchange rate is included in the next budget law, which is presented by the elected government according to exchange rate changes, and this becomes a binding law.
He stressed that the economic situation has a significant impact on the lives of the poor and has led to an increase in crime, divorce and suicide, so the urgent solution is in the public interest, as people's lives are above the law and the people are the source of authorities.
https://ninanews.com/Website/News/Details?key=957700
RamblerNash- GURU HUNTER
- Posts : 24025
Join date : 2015-02-19

» Parliament Finance discusses with the Governor of the Central Bank the implications of changing the exchange rate
» Parliament will host the day after tomorrow, Saturday, the Minister of Finance and the Governor of the Central Bank to discuss the dollar exchange rate
» Legal settles the debate over the possibility of filing a lawsuit against the Central Bank to restore the exchange rate
» Expert: raise the quota of the dollar exchange rate in the banks means the success of central bank policy and exchange rate stability
» Central Bank comments on changing the exchange rate and confirms "bad debt rise"
» Parliament will host the day after tomorrow, Saturday, the Minister of Finance and the Governor of the Central Bank to discuss the dollar exchange rate
» Legal settles the debate over the possibility of filing a lawsuit against the Central Bank to restore the exchange rate
» Expert: raise the quota of the dollar exchange rate in the banks means the success of central bank policy and exchange rate stability
» Central Bank comments on changing the exchange rate and confirms "bad debt rise"
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» The World Bank announces its readiness to support Iraq by expanding the use of clean energy
» Increasing the capital of the Central Bank to 5 trillion dinars
» Iraq's U.S. Treasury Bond holdings jump to 26+ billion dollars
» Can We Do Without The Commentary!
» Cabinet Approves Loan Agreement for Water Supply and Sanitation Project in Baghdad
» Wiley Morgan of Gen64 on Skype Chat Friday Night ~ Updated 6/10
» Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency
» Al-Rasheed Bank announces the removal of its name from the list of international sanctions of the Charter of the United Nations
» The United States allocated 140$ million to support Iraq
» USD/IQD exchange rates climb in Baghdad
» NOPEC Law
» Turkish lira weakens to 15.16 against dollar
» Here's my guess
» Tony and Twitter
» Hamza Al-Jawahiri to / NINA /: The survival of quotas and consensus will not achieve any sustainable development for the national economy / expanded
» The appearance of Muhammad Salih to / Nina /: This is how the surplus oil revenues are disposed of
» USD closes slightly higher in Baghdad on Sunday
» The Central Bank of Iraq 75 years in the face of economic challenges
» (Budget Reserve) may see the light next Wednesday
» Al-Kazemi's advisor puts forward a proposal to double growth rates
» VOTE -- Who Is The Worst Dinarland INTEL Provider Today?
» “Dedicated to Service” on Instagram
» Rehabilitation of the Church of the Virgin Mary in the province of Basra within the Tamkeen project for community initiatives
» 95% of Iraqi revenues still come from oil
» CBI foreign currency sales hike in April
» Where does the excess oil price differentials go?
» Introducing myself...
» Amer Al-Jawahiri to / Nina /: Improving economic activities in the local market is more stable than deleting confusing zeros
» Iraq's oil generates more than 10 billion dollars in one month
» USD/IQD exchange rates inched up in Baghdad
» Becky McGee/Oootah - "Wanted: Attorney and/or Lawyer!" 3/10/19
» Exchange rate game in Iraq: how speculators grossed millions of dollars in 48 hours scheme
» Holly: "Remember we are not in the know of all that goes on behind the scenes" (More Guessing Games...Just What Everybody Needs! LOL) 7/13/21
» RV INTEL BY TEXAS SNAKE, BOB LOCK AND ED OCALA (Three Blind Mice? LOL) 12/8/21
» Technical Adviser to the Prime Minister: The positive effects of changing the exchange rate will be felt more after 3 years
» An economist stresses the need to invest surplus money from oil revenues in profitable projects
» CBI sells +212$ million in the forex auction on Monday
» USD/IQD exchange rates drop in Baghdad
» Outdated laws are a major economic challenge for the next government, Allawi says