Parliamentary Economy sends an “urgent” call to the government regarding the price of the dollar and border crossings

Parliamentary Economy sends an “urgent” call to the government regarding the price of the dollar and border crossings

Wednesday 16 June 2021 | 01:23 PM

Iraqi Dinar-Dollar auctionsOn Wednesday, the Investment and Economy Committee in the House of Representatives sent an urgent call to the central government regarding the dollar exchange rate and the country’s border crossings .

Committee member Nada Shaker said that its committee “demanded the government to direct the Ministry of Finance and the Central Bank to address the error of raising the price of the dollar against the Iraqi dinar, in which only the Iraqi citizen was harmed .”

She added, “The decision to raise the exchange rate of the dollar contributed to the recovery of many banks and agencies affiliated with influential personalities with millions of dollars, and therefore the government must put an end to this catastrophic failure .”

And she indicated that “the pretext for this decision was to prevent currency smuggling, while the currency auction is still not controlled so far, as well as to protect the local product, but the border crossings are still open to foreign goods and merchandise .”

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