Parliamentary Committee Calls for "Limiting Dollar Bleeding"

by **claud39** Wed Mar 03, 2021 1:37 pm

[size=35]Parliamentary Committee Calls for "Limiting Dollar Bleeding"[/size]

2021-03-03

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Parliamentary Committee Calls for "Limiting Dollar Bleeding" Doc-P-374539-637503801716038881

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The Committee to Monitor the Implementation of the Governmental Program and Strategic Planning demanded, today, Wednesday, to limit the bleeding of the dollar and to cancel the customs and tax exemptions granted to countries and government institutions.

Committee member Anaam Al-Khuzaie said in a statement received by Alsumaria News, "Returning the dollar exchange to its previous exchange rate is necessary, calling on parliament members to implement this public demand because stimulating national production and limiting the dollar's drain is not done through the policy of raising the exchange rate because of its value." Serious repercussions and repercussions outweigh the intended benefit. "

According to the statement, Al-Khuzai stressed the need to "target imported goods that crowd out counterparts of the national product, to provide support for emerging national industries, with an emphasis on preserving the dollar reserve at the Central Bank by collecting customs duties for imported goods on the basis of what was sold of foreign currency from During the currency sale window, provided that the differences are settled after entering the imported goods and audited by the concerned authorities.

And she stressed the need to "abolish all customs and tax exemptions and exceptions granted to countries and government institutions for two purposes, the first is to stimulate the national product, and the second is to provide abundant financial resources instead of borrowing to finance public spending."
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