It is not within the authority of Parliament.. A political alliance indicates a single mechanism to adjust the dollar exchange rate in Iraq
It is not within the authority of Parliament.. A political alliance indicates a single mechanism to adjust the dollar exchange rate in Iraq
TUESDAY, 01-03-2022,PM 5:20
Today, Tuesday, the representative of the State of Law coalition, Muhammad Al-Shammari, revealed the only way to change the exchange rate of the dollar against the Iraqi dinar.
Al-Shammari said, in a press statement, that “the only way to change the exchange rate of the dollar against the Iraqi dinar is by amending this price through the Council of Ministers within the draft budget law.”
He stressed, “Otherwise, the House of Representatives has no authority to change this price.”
And he indicated, “The House of Representatives and the parliamentary blocs, who can pressure the government to change this price, by refusing to vote on the budget, but the power to change remains in the hands of the Council of Ministers, and this is what we will work on through dialogue and negotiation with the new cabinet, after the formation of the new government.” .
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