"WORLD FOOD" COMMENTS ON THE DECISION TO REDUCE THE VALUE OF THE IRAQI DINAR

by **claud39** Wed Mar 10, 2021 12:29 pm

Wednesday, 10 March 2021

"WORLD FOOD" COMMENTS ON THE DECISION TO REDUCE THE VALUE OF THE IRAQI DINAR Screenshot_%D9%A2%D9%A0%D9%A2%D9%A1%D9%A0%D9%A3%D9%A1%D9%A0_%D9%A1%D9%A0%D9%A3%D9%A3%D9%A3%D9%A8-1080x640

Baghdad - NNC

The representative of the United Nations World Food Organization in Iraq, Abdul Rahman Megaj, commented today, Wednesday, on the decision to reduce the value of the Iraqi dinar against the dollar, while measures to confront Corona have affected job opportunities.

"Iraq is facing challenges due to the ongoing epidemic, and the mitigation measures taken by the government affect job opportunities, as well as the devaluation of the Iraqi dinar," Megaj told the "News Center."

He added, "The Public Distribution System (PDS) is an important social safety net in Iraq that aims to provide four basic foodstuffs for almost all Iraqis every month."

Indicating that “according to the International Organization for Migration to track displacement, most of the displaced are located in the governorates of Nineveh, Dohuk, Erbil and Sulaymaniyah, while the returnees are concentrated in the governorates of Nineveh, Anbar, Salah al-Din and Diyala.”

He pointed out that "price increases in areas hosting vulnerable population groups are higher. The government's National Food Security Project (2020-2022), which was launched in April 2020, is designed to increase food self-sufficiency in Iraq."

The Minister of Trade, Alaa Al-Jubouri, revealed to the "News Center" this morning that the ministry had put in place an urgent plan to develop the ration card and overcome the obstacles in this file.

It is noteworthy that the Iraqi government decided in December 2020 to change the exchange rate of the dinar against the dollar, to become 1450 dinars per dollar, after it was 1190 dinars per dollar, as included in this decision in the draft budget of 2021, which it is hoped will vote on next Monday.

https://nnciraq.com/55693/