The Financial Committee rules out the return of previous dollar prices and explains why
The Financial Committee rules out the return of previous dollar prices and explains why
3/3/2021 11:13
[Baghdad-Where]
The Finance Committee ruled out, on Wednesday, the return of the dollar’s exchange rates to what they were in the past.
Committee member Jamal Cougar said, “It is not possible to return the exchange rates of the dollar to what it was in the past,” explaining the reason to “the current year budget deficit will increase by 22 trillion dinars if this happens.”
He explained, “The committee is also afraid of fully returning the budget materials after they were formulated according to the current exchange rates of the dollar,” stressing that “citizens will lose confidence in the central bank and the market will be confused again.
alliraqnews.com
