After al-Sadr’s tweet, the Iraqi parliament summons the Minister of Finance and the Governor of the Central Bank

After al-Sadr’s tweet, the Iraqi parliament summons the Minister of Finance and the Governor of the Central Bank

2022-02-18 07:39

After al-Sadrs tweet the Iraqi parliament summons the Minister of Finance and the Governor of the Central BankShafaq News / The Presidency of the Iraqi Parliament announced, on Thursday, summoning the Minister of Finance, Ali Allawi, and the Governor of the Central Bank, Mustafa Ghalib, to the council building immediately.

The Presidency said, in a brief statement received by Shafak News Agency, that the summoning of financial officials came as a “response” to the directives of the leader of the Sadrist movement, Muqtada al-Sadr.

Al-Sadr had presented, earlier today, six proposals regarding the exchange rate of the dollar against the Iraqi dinar, including summoning the Minister of Finance, Ali Allawi, and the governor of the Central Bank, Mustafa Ghaleb, immediately.

Al-Sadr’s proposals included, according to a statement received by Shafaq News Agency, “strongly stopping currency smuggling, looking into the matter of some banks, such as (Middle East, Al-Qaded, and Al-Ansari) belonging to some people who control the currency, and other private banks, and dealing firmly with banks belonging to some parties. controlling the country and the people.

In addition, Al-Sadr urged “to organize the Iraqi currency market centrally and in a correct manner, by enacting some laws that increase the value of the dinar exchange rate.”

It is noteworthy that the annual inflation in Iraq rose significantly after raising the exchange rate of the dollar against the dinar in the 2021 budget, to equal every 100 dollars 145 thousand dinars, after it was 121 thousand.

It is worth noting that all the prices of materials and commodities in the Iraqi market witnessed a significant increase, in conjunction with the devaluation of the dinar, which sparked a wave of strong resentment among the popular circles, as well as the objections of some interested in economic affairs.

shafaq.com