Deputy: The exchange rate of the dollar will change during the discussion of the 2021 budget
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Deputy: The exchange rate of the dollar will change during the discussion of the 2021 budget
by claud39 on Wed Dec 30, 2020 9:03 pm
[size=32]Deputy: The exchange rate of the dollar will change during the discussion of the 2021 budget[/size]
December 29, 2020
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December 29, 2020
Baghdad / Iraq News Network - MP Hussein Arab spoke about the possibility of changing the current exchange rate of the dollar, while noting that the decision to change it is in the hands of the Ministry of Finance. Arabs said in a televised interview, “We have not discussed the government yet about the basis on which the price was built.
The new exchange, ”adding that“ raising the exchange rate to 1450 dinars against the dollar is surprising because oil prices are on the rise and it is possible to reduce the size of the financial deficit and therefore do not want to go towards changing the exchange rate under the pretext of reducing the deficit. ”Regarding the trend in covering government expenditures, he saw The MP said that "raising the exchange rate solves a small part of the deficit problem, and there are alternatives and other better solutions," noting, "We believe that the exchange rate will change once the 2021 budget is discussed in Parliament."
And he continued, "I tell the Minister of Finance that raising the dollar exchange rate is illogical, and will cause a collapse The market and what you did will not be merciful to you by history, ”he said.Arab confirmed that "the Ministry of Finance is the one who determines the exchange rate, and the Central Bank has nothing to do with that," noting that "all MPs agree not to allow prejudice to the salaries of employees."
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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