Representative economy: a parliamentary approach to restore the exchange rate to its normal position
Representative economy: a parliamentary approach to restore the exchange rate to its normal position
12/21/2020 14:14
[Baghdad-Where]
The Parliamentary Economic and Investment Committee confirmed today, Monday, that there is a representative tendency to restore the exchange rate of the dollar to its normal state, indicating that the high exchange rate has affected the poor segment.
Committee member Falah Al-Khafaji said: “We, as members of Parliament, have a tendency to return the exchange rate of the dinar against the Iraqi dollar to 120 or a little more.”
He added that “the increase in the exchange rate of the dollar against the Iraqi dinar, the target of which is the very low, poor segment of the population, who are affected by this rise.”
He pointed out that “there is an increase in the prices of foodstuffs and all other prices that will affect the poor classes of citizens in society.”
alliraqnews.com
