Representatives hold the government and the central bank responsible for the disastrous consequences of the rise in the dollar

Representatives hold the government and the central bank responsible for the disastrous consequences of the rise in the dollar

Thursday 15 April 2021 | 09:13

Representatives hold the government and the central bank responsible for the disastrous consequences of the rise in the dollarOn Thursday, MPs from various political blocs held the government and the Central Bank responsible for the wrong financial policy imposed on the people of Iraq, which caused a stifling economic blockade for all citizens, especially those with limited income, after the decision to raise the dollar’s ​​exchange rate to more than 20 percent from its previous rate .

The deputy for the Badr Parliamentary Bloc, Mukhtar Al-Mousawi, said, “There are parliamentary moves to oblige the governor of the Central Bank to reduce the dollar exchange rate and restore it to its previous position, as a result of the great negative effects that the people suffer as a result of the high exchange rate of the dollar .”

On the other hand, Fadel Jaber, a deputy from the Sadikon Parliamentary Bloc, said, “The government took an improvised and ill-considered decision to raise the exchange rate of the dollar in the local markets, as it caused an increase in prices and a marked increase in poverty .”

On the other hand, Hamid Al-Mousawi, a member of the Parliamentary Economic Committee, held the Minister of Finance and the Governor of the Central Bank responsible for the continued rise of the dollar in the local markets, and the disastrous results that occurred as a result of this decision despite the absence of the government’s need for this rise.

aynaliraqnews.com