To the executive branch to the Central Bank of Iraq

by **claud39** Thu Feb 18, 2021 5:25 pm

Wednesday 17th February 2021

Proposing the
need to amend the exchange rate of the Iraqi dinar towards the US dollar

1 - The devaluation of the national currency of the Iraqi dinar in favor of the US dollar and making the exchange rate of the dinar against the US dollar at 1450 is an unfair, ill-considered and urgent exchange rate, which is against the interest of the Iraqi people and economy, and that the first beneficiaries of that are regional and international countries and Arab and foreign companies And the ruling political elite ... as the wealth of the Iraqi people is bought cheaply according to the new exchange rate, and this means systematic plundering ((the law)) of the wealth of our Iraqi people, at a very low price, and he played in achieving this the failure of the Minister of Finance and the President of the Central Bank of Iraq according to Guidance from the International Monetary Fund and the World Bank.

2 ___ that the ruling authority today represents and applies an extremist and brutal neoliberal approach according to the directives of the International Monetary Fund and the World Bank, and that today's exchange rate of 1450 is in the interest of the ruling political elite, in the interest of the leaders of the parties, blocs and political currents influential today in governance and in cooperation and coordination with the administrative and bureaucratic bourgeoisie, the shadow economy forces, and the mafia-brokers ... so these people have acquired the wealth of the Iraqi people and have become millionaires and billionaires, in the American dollar and the Iraqi dinar, and with this stolen money, state institutions will be purchased from factories and large factories, oil and gas, agricultural land, fuel and electricity stations, and other state assets at a very low price and without oversight, and the well-known popular proverb applies (((( He eats without supervision and calculation.

3 - A new exchange rate is required for the Iraqi dinar towards the US dollar, which is one dinar equals one US dollar. This requires deleting the three zeros, for example, the 1000 dinars become Iraqi dinars, and the million dinars (1,000,000) a thousand Iraqi dinars (1000), and according to the new exchange rate 1000 dinars equals 1000 US dollars, and this is in the interest of the Iraqi citizen and economy as a first stage and work in the future to return a new exchange rate Each dinar equals $ 3, as it was previously.

4— That this can be achieved because Iraq is rich in its natural wealth of oil, gas, gold and phosphates ... .. In addition to that, there is a realistic possibility to develop agricultural and industrial production ..., that is, to create material production in order not to import and this will be in the interest of the national economy by not buying goods Food, medicine, and durable goods in hard currency, and then Iraq can export goods and services abroad and obtain hard currency, as well as work to retrieve the stolen money and return it to the Iraqi people, which range between $ 850-trillion. One dollar for one US dollar

5- The Iraqi people, public and professional organizations, national, progressive and left-wing personalities, and professors of Iraqi universities and institutes, must demand a new exchange rate adjustment in the interest of the national economy

2/16/2021

https://kitabat.com/2021/02/17/%D8%A7%D9%84%D9%89-%D8%A7%D9%84%D8%B3%D9%84%D8%B7%D8%A9-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A%D8%A9-%D8%A5%D9%84%D9%89-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2/

by **claud39** Sat Feb 20, 2021 7:01 pm

The manipulation of the exchange rate and the decline of the real income of the vast majority of the Iraqi people

02/20/2021

To the executive branch to the Central Bank of Iraq Unnamed-3

To the executive branch to the Central Bank of Iraq Unnamed-3

Books / Al-Dulaimi Star

To employees, retirees, merchants and earners.

To the professors of Iraqi universities and institutes.

To the public and professional organizations, civil society organizations, students and women.

Raise your voice to the authority on the necessity to reduce the value of the national currency, the dinar, towards the dollar, to 1125 dinars per dollar, for a period of only 6 months, and after that the return to the previous exchange rate of 1119 for the citizen

The price of one barrel in the budget of humiliation, slavery and poverty has been set at about $ 42, and today the price of one barrel of crude oil has reached about $ 65 a barrel, so the difference between the two prices is $ 23 and during the year and assuming the price of oil is stable, it means new financial revenues that enter the Ministry of Finance / Abdul Amir Allawi. The savage and extremist liberal has about 23 billion dollars, and this is double the amount obtained by the Al-Kazemi government, Allawi, due to the devaluation of the national currency of the dinar in favor of the dollar, more than double, not to mention other financial revenues that enter the government, you have 850 billion dollars in Western / American banks According to the statement of the former US Secretary of State, border outlets, taxes, you have the problem of aliens, double salaries, fake projects, arms contracts and prison contracts ....

It is not logical that the employee, the retired, the trader and the earner bear the burdens of ignorance and error ... .. successive governments, including the Al-Kazemi / Allawi government, from having an income tax deduction, the decrease in the exchange rate of the Iraqi dinar towards the US dollar and an insane rise in prices ... .. food and medicine commodities and durable goods ... ... and the result is catastrophic for the vast majority of the 99% of the Iraqi people, as the real income has decreased to 99% between 45-50%, and this will result in poverty, unemployment, destitution, financial and administrative corruption and organized crime ... These are some of the ((achievements)) of the excessive neoliberal approach in Its brutality and aggression against the poor, the needy and the oppressed in favor of the ruling mafia junta are the directives of the International Monetary Fund and the World Bank, and this was done with the approval of the leaders of the parties, blocs and political currents influential today in power from all three sectarian components.

Hear the people of Saeron’s statements (We will not allow the budget to pass unless the exchange rate remains at 1450, to secure the country's needs and for fear of the economy’s collapse. They say the budget does not pass unless the dollar stays 1450, and they swear by the Lord of the Worlds, for his dead body will pass the budget). ( Transported).

## The demand for the dismissal of the Minister of Finance, the Minister of Planning and the President of the Central Bank of Iraq, because they have implemented the directives of the leaders of the parties, blocs and political currents that are influential today in ruling from the three sectarian components, as well as the directives of the International Monetary Fund and the World Bank, and in the event of failure to respond to the demands of the Iraqi people on the Iraqi people and their political forces Nationalist, progressive, and leftist leaders should demand the dismissal of the Al-Kazemi government and the accountability of the corrupt.

https://www.almaalomah.com/2021/02/20/521546/