Friday, November 10, 2023

A parliamentary movement to dismiss the Governor of the Central Bank for his failure to control the rise of the dollar, 10 NOV

 A parliamentary movement to dismiss the Governor of the Central Bank for his failure to control the rise of the dollar

A member of the Parliamentary Oil and Gas Committee, Adnan Al-Jabri, confirmed on Thursday that the Governor of the Central Bank, Ali Al-Alaq, failed to control the rise in the dollar exchange rate.

Al-Jabri said in a televised interview followed by Mawazine News, “There is complaint in political and popular circles about the decline of the dinar against the dollar.”

Al-Jabri pointed out, “The government needs to take measures against the Governor of the Central Bank, Ali Al-Alaq.”

He continued, “After assuming the position of governor of the Central Bank, Al-Alaq presented a plan to control the rise in the dollar exchange rate, but he failed in it and did not fulfill his promises to the Iraqi people.”

Al-Jabri stated, “There are deliberations within the House of Representatives to take measures against the governor of the Central Bank, as he is directly responsible for the currency market,” pointing out that “Al-Alaq bears responsibility for the continued decline in the value of the dinar.”   link

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