Parliament intends to reduce the dollar exchange rate in the budget

Parliament intends to reduce the dollar exchange rate in the budget

Thursday 28 January 2021 | 04:48 PM

Parliament intends to reduce the dollar exchange rate in the budgetThe deputy for the Al-Fateh Alliance, Zahra Al-Bajari, confirmed, on Thursday, that the Finance Committee will present its proposals that it reached regarding the draft federal budget law for 2021 for the Presidency of Parliament next week, indicating that the Council seeks to reduce the exchange rate of the dollar in the budget .

Al-Bajari said that “the Finance Committee continues to hold its sessions to discuss the budget to amend the disputed paragraphs,” noting that “the loans that the government requested from the International Monetary Fund is questionable .”

She added that “there are observations on the government’s work and its request for a loan from the IMF, as the matter is surprising and unclear,” indicating that “the Finance Committee will present its proposals that it reached regarding the draft Federal Budget Law for 2021 to head Parliament next week .”

“Parliament is heading towards reducing the dollar exchange rate within the budget .”

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