The Parliamentary Finance Committee calls for controlling the dollar exchange rate

The Parliamentary Finance Committee calls for controlling the dollar exchange rate

10-15-2023

The Parliamentary Finance Committee calls for controlling the dollar exchange rateOn Sunday, the Parliamentary Finance Committee called for controlling the dollar exchange rate, stressing the importance of following up on measures related to economic affairs and automating taxes as they are the basis of money and the economy.

The Media Department of the House of Representatives said in a statement, “The Finance Committee was held under the chairmanship of Atwan Al-Atwani and in the presence of members of the Subcommittee (Central Bank and Banking Committee) today, Sunday 10/15/2023, to discuss the report prepared by the Subcommittee on the procedures of the Central Bank and private banks as well as policy.” cash in the country.

She added, “Atwan Al-Atwani stressed during the meeting held at the committee’s headquarters the importance of following up on all measures related to economic affairs and automating taxes as they are the basis for money and the economy, in addition to creating a practical and realistic study by the committee in implementation of the supervisory role, to maintain financial and banking stability, as well as Mechanism for dealing with monetary policy.

She continued, “At the same time, the committee discussed the reasons for the rise in the exchange rates of the dollar against the dinar and the necessity of controlling the labor market and putting it on the right track, as the committee stressed the importance of activating the private sector and inviting investors and merchants to listen to relevant opinions and proposals.”

The Finance Committee listened, according to the statement, “to the report of the subcommittee on the policy of the Central Bank and private banks, conducting an evaluation of the dealing management and the bank’s tasks in financial trading, and developing confrontation packages and challenges facing monetary policy, to control exchange rates, in addition to the issues of granting loans and the housing initiative.”

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