Deputy: Raising The Dollar Exchange Rate Exhausted The Iraqi People, And There Are No Signs Of Treatment
Deputy: Raising The Dollar Exchange Rate Exhausted The Iraqi People, And There Are No Signs Of Treatment
03/19/2022 | 3:06 PM
Information / special
Member of Parliament Daoud Al-Eidan confirmed, on Saturday, that the continuation of raising the exchange rate of the dollar against the Iraqi dinar has burdened citizens, in addition to the crisis of rising prices of basic commodities, stressing that there are no signs of returning the exchange rate to its previous era.
Al-Aidan said in a statement to “The Information”, that “raising the dollar exchange rate was a wrong decision and exhausted citizens and burdened them with increases at all prices.
He added that “the exchange rate negatively affected the level of Iraqi per capita income, especially those with limited income.”
He explained that “the decision to raise the exchange rate of the dollar was taken in order to exhaust the Iraqi people and damage their purchasing power,” and indicated that “there is no intention of the government to reverse the decision to return the dollar exchange rate to its previous era.”
State of Law MP Muhammad al-Shammari accused the government of shirking its responsibilities towards citizens, stressing that the government is unable to rein in the price hike.
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