Parliamentary Finance issues an explanation regarding the exchange rate of the dollar
Parliamentary Finance issues an explanation regarding the exchange rate of the dollar
2020-12-24
Today, Thursday, the Parliamentary Finance Committee issued a clarification regarding the determination of Saad’s exchange of the dollar.
The committee said, “Determining the exchange rate of the dollar is a governmental matter and from its exclusive authority, as it is the one who draws and implements the fiscal and monetary policy, and the inclusion of that price in the draft budget law 2021 is to calculate the value of oil revenues and international loans that are calculated on a dollar basis and are transferred to the Iraqi dinar depending on the price.” Exchange”.
The committee added in a statement, “This price was mentioned in the budget. It is not intended to acknowledge or not, but to approve it in the calculation of revenues and expenditures only, as mentioned above.”
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