Representative Economy: Treatments for the rise in the exchange rate of the Iraqi dinar need “time”
Representative Economy: Treatments for the rise in the exchange rate of the Iraqi dinar need “time”
April 23, 2021 05:32 PM
Mubasher: The Parliamentary Economic and Investment Committee in Iraq confirmed, today, Friday, that the treatment of the exchange rate increase needs time.
MP Salem Al-Tafili, a member of the committee, told the Iraqi News Agency (INA) that the real treatments for the exchange rate increase need time to stabilize the market.
Al-Tufayli added that many deputies called for a reduction in the dollar’s price, not at the previous rate, but in a gradual manner so that the citizen would not be affected economically, indicating that the citizen with limited income and the poor was affected by the change of the exchange rate.
He pointed out that the budget supported the private sector and large projects in order to attract part of the workforce so that there would be a work movement, and that his committee presented a program and recommendations to the Prime Minister that included supporting the private, agricultural and industrial sector.
A member of the Parliamentary Economic and Investment Committee in Iraq explained that his country has all the infrastructure to improve the agricultural and industrial reality, but it needs fair and efficient hands.
mubasher.info
