Wednesday, October 18, 2023

Baghdad fails to control the dollar, and Washington puts pressure on Iraq economically due to its support for Palestine, 18 OCT

 Baghdad fails to control the dollar, and Washington puts pressure on Iraq economically due to its support for Palestine, 18 OCT

Baghdad fails to control the dollar and Washington puts pressure on Iraq economically due to its support for PalestineA member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, said today, Tuesday, that the government of Prime Minister Muhammad Shiaa Al-Sudani has failed miserably to control the dollar exchange rate despite the plans and reforms that were prepared and launched in the past.

Al-Karaawi confirmed, in an exclusive interview with Al-Mutala’ Agency, that “previous measures and meetings that took place between the government, the governor of the Central Bank, and the owners of government banks regarding controlling the price of the dollar and not trading it internally were of no benefit,” indicating that the government failed to impose its control over the dollar. The stability of the dollar against the Iraqi dinar.”
He added, “The Prime Minister met yesterday with the concerned authorities, to discuss the non-implementation of reform packages related to the price of the dollar,” calling on “Al-Sudani to take effective solutions like those issued by the Central Bank to control the dollar at border crossings and customs taxes.”

The member of the Finance Committee pointed out that there are American political influences that exert pressure on Iraq to put pressure on it economically, regarding its support for the Palestinian cause and advocacy for the people of Gaza against the Zionist occupation,” stressing that “Iraq seeks to address that issue and put pressure on the US Federal Bank to provide amounts in dollars and at a specific time.” .

He continued by saying, “Iraq’s position on the Palestinian issue is firm and will not change, and we reject all Zionist crimes committed by the occupation against the Palestinians, and this is an irrevocable decision.”

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