Parliamentary Finance: There is no intention to reduce the dollar exchange rate
Parliamentary Finance: There is no intention to reduce the dollar exchange rate
2021-02-04
The Parliamentary Finance Committee confirmed, on Thursday, that there are no intentions to reduce the exchange rates of the dollar, despite the presence of some claims, confirming that the current exchange rate remains the same.
A member of the Finance Committee, Jamal Cougar, said in a press interview that “there are some requests from members of the Finance Committee and others to reduce the dollar exchange rate.”
He added that “these matters did not go beyond being requests only,” noting that “the Finance Committee has no intention of changing the exchange rate by reducing the fact that the matter is approved by the Council of Ministers.”
Cougar explained that “the financial committee does not exceed its powers with recommendations and is not binding on the government with regard to reducing the exchange rate,” noting that “the matter is exclusively vested in the government and its powers
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