Parliamentary Finance intends to develop mechanisms to maintain the stability of the dinar exchange rate

by **RamblerNash** Sun Mar 24, 2019 4:49 pm

Parliamentary Finance intends to develop mechanisms to maintain the stability of the dinar exchange rate

20-03-2019 08:06 AM

Agency of the orbit - Baghdad

The member of the Finance Committee of Parliament Abdul Hadi al-Saadawi, on Wednesday, the intention of his committee to develop mechanisms to change the financial funds to raise the dinar exchange rate and maintain the stability of inflation.

"The committee will move during the current legislative term to change the fiscal and monetary policy in the country in general," Saadawi said in a statement exclusive to the newspaper / Al-Sabah and the official / Al-Madar said that "the committee is meeting with officials of the Central Bank to discuss this change during Next stage '.

He added that 'the financial Parliament is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state', indicating that 'the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation in the country '.

"The Commission is determined to make these changes during the next phase and not to follow the traditional methods are not appropriate at the moment."

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