Finance Minister Ali Allawi proposes to reduce the value of the Iraqi dinar and introduce a new currency.

by **GirlBye** Sun Oct 11, 2020 7:46 pm

Ali is a student

@ali6_06
Finance Minister Ali Allawi proposes to reduce the value of the Iraqi dinar and introduce a new currency.

Parliamentary Finance headed by Haitham al-Jubouri describes the Finance Minister’s proposal to reduce the value of the Iraqi dinar as an illogical solution

Finance Minister Ali Allawi proposes to reduce the value of the Iraqi dinar and introduce a new currency. Ehk_9wAXcAEFOu_?format=jpg&name=small

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https://twitter.com/ali6_06/status/1304143899737444352

by **GirlBye** Sun Oct 11, 2020 8:10 pm

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@ hyd_61

Oct 10
#Exclusive

Some of what was mentioned in the reform paper that the government called white as follows: 1. Reducing the wages and salaries bill from 25% of GDP to 12.5% within three years 2. Reforming the retirement fund so that it is not linked to the budget and the retirement salaries are paid directly from the fund

Reducing financial support for state-owned companies by 30% every year for a period of three years 4. Reducing total government support from 13% of GDP to 5% within three years 5. Restructuring the public salary scale by stopping new employment and replacement operations in the sector The year

Establishing a higher ceiling for employees ’salaries in a manner that achieves fairness and reduces differences 7. Applying income tax on employee allocations, incentives, bonuses, etc.

9. Issuing national bonds and instruments and offering them for public circulation in the Iraq Stock Exchange 10. Study the current exchange rate of the dollar against the dinar and take into account the requirements of financial and monetary stability and achieving the competitiveness of the Iraqi economy

11- Restructuring state-owned public companies and converting them into private companies 12.Reforming the defect in the ration card system in a way that secures the protection of people with limited income and withholding it from families whose income exceeds a certain ceiling
https://twitter.com/hyd_61/status/1314860758325506049

Finance Minister Ali Allawi proposes to reduce the value of the Iraqi dinar and introduce a new currency.

Finance Minister Ali Allawi proposes to reduce the value of the Iraqi dinar and introduce a new currency.

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