Former MP: Raising The Dollar Caused Four Deadly Social Diseases

Former MP: Raising The Dollar Caused Four Deadly Social Diseases

12/28/2021 | 12:30 PM

Former MP - Raising The Dollar Caused Four Deadly Social DiseasesInformation/Baghdad…

Member of the Economy Committee in the dissolved Parliament, Nada Shaker Jawdat, said on Tuesday that the decision to raise the price of the dollar caused the creation of four deadly social diseases in Iraq.

Shaker said in an interview with “Information” that “the decision to raise the price of the dollar, despite our rejection of it, came according to the government’s data to address a specific financial crisis, but the situation changed after the rise in oil prices and the reduction of the financial gap, although the correct decision was to strengthen the government’s capabilities in the face of corruption.” Which devours billions of dollars annually from important sectors.”

Shaker added, “The fact that the dollar exchange rate remained in its current condition without any change created 4 deadly social diseases, most notably poverty, which led to an increase in crime, addiction and divorce rates,” noting that “the government is primarily responsible for the dangerous challenges that are taking place in the Iraqi society, especially since the proportion of Poverty is on the rise.”

She noted that “reconsidering the dollar exchange rate should be a priority for any future government, because keeping things as they are means pushing millions of Iraqis into the abyss of extreme poverty, whose consequences will be dire.” finished/ 25 f

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