Within 72 Hours.” Al-Shammari Reveals Procedures And Proposals Regarding The Dollar
Time: 09/26/2023 22:22:00 Read: 6,123 times {Economic: Al-Furat News} The political advisor to the Prime Minister, Fadi Al-Shammari, revealed proposals that the government will present regarding the dollar within the next 72 hours.
Al-Shammari said in a television interview this evening, followed by {Al-Furat News}: “The dollar file is a complex file and needs time to regulate the exchange rate, but government measures are moving in the right direction.”
He added, "The Central Bank of Iraq is embarking on a set of measures to control small traders and their commercial exchange, as they constitute 40% of market traders."
Al-Shammari noted that, "Within 72 hours, papers and proposals will be presented regarding the dollar after an extensive meeting of the Prime Minister with Iraqi financial institutions."
He continued, "There is a serious discussion between the government and the Central Bank with the Iranian side to search for alternatives to trade in the dollar," denying "the presence of American pressure or punitive attempts against Iraq because of the dollar."
He noted, "There are commitments to standards in the exit and sale of the dollar, and this requires time and the market to adapt to them."
He revealed that "Turkish President Recep Tayyip Erdogan's scheduled visit to Iraq is linked to completing the development road project procedures." LINK
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