Economist: The New Parliament May Lower The Price Of The Dollar, But It Will Clash With The IMF
Economist: The New Parliament May Lower The Price Of The Dollar, But It Will Clash With The IMF
01/10/2022 | 5:27 PM
Information / special
On Monday, economic expert Diaa Al-Mohsen suggested that the next government would reduce the exchange rate of the dollar and restore its price as before.
Al-Mohsen said in a statement to the “Information” agency that “the rise in the dollar exchange rate has had a significant impact on the living conditions of citizens and caused an economic stagnation.”
He added, “The next parliament will try to reduce the exchange rate of the dollar and will not agree to the proposed budget prepared by the Al-Kazemi government,” stressing that “the problem lies in persuading the International Monetary Fund to reduce the exchange rate.”
He indicated that “Al-Kazemi’s government did not change the dollar exchange rate in the proposed budget that it prepared for the current year.” finished / k
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