The law calls for the return of the exchange rate and affirms: the government’s economic policies “have failed”

The law calls for the return of the exchange rate and affirms: the government’s economic policies “have failed”

03-05-2021 10:17 AM

The law calls for the return of the exchange rate and affirms - the government's economic policies have failedToday, Friday, the parliamentary law bloc demanded that the exchange rate of the dollar be restored to its previous level, while it confirmed the failure of the government’s economic and financial policies.

In a statement received by the Tigris, the bloc said that it “calls on the Presidency of the House of Representatives and the Finance Committee to adopt the previous exchange rate of 119,000 in the 2021 Budget Law, due to its negative effects that cast a shadow over the life of the simple citizen, with the lack of job opportunities and the absence of any indicators. On the revitalization of the economy by the government. ”

The bloc emphasized, “With high oil prices and good financial returns, the weakening of the Iraqi dinar against the dollar is no longer justified, especially since the economic recession prevails and the financial and economic policies adopted by the government have not seen any positive effects on the ground. Rather, we witnessed difficulties and problems that caused harm. Citizen and overburdened him. ”

The parliamentary law called on all members of the House of Representatives to “take a position that does justice to the vulnerable groups and the poor classes in society, and calls on the government to adopt fair and realistic policies instead of aggravating social and economic conditions and burdening the citizen with more hardships and harms.”

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