Deputy: Unknown reasons behind the failure to hold an emergency parliamentary session regarding the dollar

Deputy: Unknown reasons behind the failure to hold an emergency parliamentary session regarding the dollar

2-2-2023

Deputy - Unknown reasons behind the failure to hold an emergency parliamentary session regarding the dollarInformation / Baghdad..
On Thursday, Representative Muhammad Qutayba al-Bayati demanded that an emergency session be held to discuss the dollar crisis.

Al-Bayati said in an interview with Al-Maalouma, “We submitted a formal request to the Presidency of the House of Representatives to hold an emergency session to discuss the dollar crisis in the country, but it has not been approved yet and is still pending for unknown reasons.”

He added, “The markets in Iraq are facing a scenario of collapse if the dollar continues to rise against the dinar, which leads to great pressure on the markets and the affected are the poor who make up a large proportion of society.”

He pointed out that “the situation is very dangerous and an emergency session should be held in the presence of the Sudanese government in all its relevant aspects, including the financial one, in order to clarify the course of what is happening and the solutions that will be applied to contain the crisis before it gets out of control.”

The currency markets in Iraq suffer from an unprecedented rise in the exchange rates of the dollar against the dinar, and pressure on the rest of the commodities and merchandise.

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