Al-Shammari: The Sudanese will announce next week a banking service that will lead to a decline in the dollar, 27 OCT

  Al-Shammari: The Sudanese will announce next week a banking service that will lead to a decline in the dollar

10/27/2023

Advisor to the Prime Minister, Fadi Al-Shammari, revealed that Prime Minister Muhammad Shiaa Al-Sudani will announce next week a new banking service for small merchants that will lead to a decrease in the exchange rate and facilitate their work procedures.

Al-Shammari said in a televised statement, "Those who manipulate the dollar are speculators. The government provides the dollar through official platforms. The government is not subject to blackmail by speculators who seek profit at the expense of citizens. At the beginning of implementing the platform, there were problems related to time, and now the delay has reduced to only three days."

He stressed that "food supplies were not affected by the rise in the price of the dollar, and the Prime Minister reviews on a daily basis a list of food prices in the local market, and the government provides a food basket for 10 months for citizens, and 12 months for social care," pointing out that "living issues were definitely not affected by the exchange rate." The dollar and the government will not allow the exchange rate to affect food prices.”

He pointed out that "the services file is one of the most prominent challenges facing the government as it continues to implement its project. The government is working with an executable strategic plan, and the precise daily follow-up of the Prime Minister is reflected in the great progress in work. The daily follow-up of work has led to work progressing beyond the scheduled schedule, and there are 190 basic and strategic projects." In Baghdad alone, this is a precedent that has occurred for the first time, and we will see a major boom in the value and quality of projects that will be launched in Baghdad and the rest of the governorates.”

Al-Shammari noted that “this year the government faced serious challenges, including the budget, and some budget items were launched and others are in the process of being launched. In previous budgets, it usually takes 3 months at a minimum to release the budget allocations when the data is completed after its already late approval. We will get rid of the problem of delay and release the budget allocations after approval.” Three-year budget.

He explained that "the government's wisdom in dealing with various political activities and components is considered its most prominent characteristic, while dealing realistically with regard to resolving files and the coordination framework, which is distinguished by the unity of decision-making that was present in many of its scenes."

Al-Shammari revealed, “The Prime Minister is making contacts and making an exceptional effort in constructive communication with the leaders and heads of states of the region and the world, and Iraq seeks to mitigate as much as possible the escalation taking place in the region, and what is happening in the region affects Iraq, given that the Middle East is the heart of the world and Iraq is the heart of the Middle East.” .  LINK