MP: Confused financial decisions have disrupted markets and burdened citizens
MP: Confused financial decisions have disrupted markets and burdened citizens
11-15-2026
Information/Baghdad…
Member of Parliament Ahmed Shaheed held the relevant government and financial authorities fully responsible on Sunday for the sharp rise in food and basic commodity prices in local markets. He called on the Parliament’s leadership to convene an emergency session to discuss the repercussions of this crisis and develop urgent solutions to protect citizens’ purchasing power.
Shaheed told the Information Agency, “The erratic financial policies and decisions, particularly the decision to raise the dollar exchange rate, have directly led to market volatility and disrupted commercial activity, leaving Iraqi citizens helpless in the face of this ongoing price surge.”
He added, “The repercussions of this unjustified price hike have affected all segments of society, leaving no Iraqi citizen untouched. This threatens the food security and livelihoods of families and cannot be ignored or its causes overlooked under any pretext.”
The MP stressed “the necessity of holding an urgent emergency parliamentary session to host the relevant officials, discuss the repercussions of rising prices in the markets, and take decisive legislative and oversight measures to regulate the market and hold those manipulating citizens’ livelihoods accountable.”
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