Parliamentary Economy: The rise of the dollar broke the back of the citizen, and the government must intervene
Parliamentary Economy: The rise of the dollar broke the back of the citizen, and the government must intervene
06/10/2021 14:06:23
The Parliamentary Economy and Investment Committee warned of the repercussions of the continued rise in the dollar exchange rate in local markets.
Committee member Nada Shaker said in a press statement, “The rise in dollar prices in the Iraqi markets broke the back of the citizen,” stressing that “the government has to control the markets and prevent the rise in commodity prices.”
She added, “The government and the political blocs that approved raising the price of the dollar at the end of last year bear the responsibility for stabilizing the markets,” noting that “the exacerbation of prices generates many problems for citizens.”
Shaker confirmed, “The House of Representatives had previously requested to host the Central Bank Governorate against the background of raising the price of selling the dollar to banks to 1460 dinars, but some blocs did not support the step,” pointing out that “the efforts to interrogate the Minister of Finance in the House of Representatives during the previous period did not succeed for the same reason.” .
The exchange rate of the dollar rose against the dinar in the currency markets in the regions of Kurdistan and Iraq, in an unprecedented way, as it exceeded more than 1500 dinars.
alforatnews.com
