Parliamentary warnings of the catastrophic repercussions of the continued rise in the dollar’s ​​exchange rate

Parliamentary warnings of the catastrophic repercussions of the continued rise in the dollar’s ​​exchange rate

Tuesday 13 April 2021 | 09:25

Parliamentary warnings of the catastrophic repercussions of the continued rise in the dollars ​​exchange rateRepresentatives from various political blocs warned of the repercussions of the government decision to raise the exchange rate of the dollar in local Aswaf, stressing that the poverty rate will rise to unprecedented levels .

The representative of the Al-Fateh Alliance, Fadel Jaber, said, “Iraq will suffer from a high percentage of the paragraph to more than 30 percent after the statistics recorded the presence of 10 million Iraqis below the level of poverty line, as this rise will come as a result of changing the dollar exchange rate .”

On the other hand, the representative of the Sadiqoun Parliamentary Bloc, Ahmed Ali, confirmed that “the government bears the responsibility for raising the dollar exchange rate and its repercussions, as well as that the Central Bank is the other responsible for the consequences of decisions that affect the life of the Iraqi citizen .”

On the other hand, the deputy for the Badr Parliamentary Bloc, Mukhtar Mahmoud, stated that “there is continuous pressure by the parliamentary parties to reduce the exchange rate of the dollar in the local markets, due to the economic disasters that the Iraqi citizen suffers from.”

aynaliraqnews.com