Parliamentary warning: Reducing the dollar without controlling market prices is in the interest of the corrupt
Parliamentary warning: Reducing the dollar without controlling market prices is in the interest of the corrupt
2023-02-16 04:40
Shafaq News/ Independent MP Raed Al-Maliki stressed, on Thursday, the need to reduce the discrepancy between the official price of the dollar and the parallel price, and to control food and consumer prices in the local markets, considering that the continuation of this discrepancy in the two prices will be in the interest of the corrupt.
Al-Maliki told Shafaq News agency, “We support the government’s decision to reduce the exchange rate of the dollar, but on the condition that the market, the prices of food and consumer goods, and the fight against corruption be controlled in the currency buying and selling window.”
He added, “If there remains a difference between the official exchange rate and the parallel rate in the market, this will cause corruption and a great waste of public money, and if these things are not achieved, the government’s decision will be worthless.”
He continued, “If the situation remains as it is now, the decision to change the exchange rate will be in the interest of the corrupt more than the interest of the Iraqi people.”
Al-Maliki explained, “We, as independent representatives, will follow up and evaluate the government’s work, and we will not accept that there is a difference in the official and parallel exchange rate, and prices and the market depend on the parallel exchange rate, not the official one.”
And he added, “We are not opposed to decreasing the dollar exchange rate, and we asked earlier to host the prime minister and the governor of the central bank to discuss the high exchange rate, but we do not want the decision to reduce the dollar exchange rate to be a lifeline for the government’s survival and continuity. Rather, we want the decision to reduce the dollar exchange rate to It is in the interest of the Iraqi people, not for political reasons and to protect and stabilize the government.”
Last week, the Iraqi government decided to reduce the official price of the dollar from 1450 dinars per dollar to 1320 dinars per dollar in the currency sale window of the Central Bank of Iraq.
shafaq.com
