Member Of Parliamentary Finance: The Dollar Exchange Difference Is Very Large And It Has Become Necessary To Address It, 5 NOV

 Member Of Parliamentary Finance: The Dollar Exchange Difference Is Very Large And It Has Become Necessary To Address It

Time: 11/05/2023 Read: 754 times    {Economic: Al-Furat News} A member of the Parliamentary Finance Committee stressed the need to address the high dollar exchange rates in the country.

Committee member Ali Jabbar Mu'nis told Al-Furat News Agency, "The financial difference between the official and parallel exchange rates in the markets has become very large."

He added, "It has become necessary to resolve this matter by dealing more seriously with the US Federal Reserve, oil dues, and increasing dollar payments to Iraq, and the issue must be addressed because of the negative repercussions on the lives of citizens."

He warned of "long-term repercussions, as the Iraqi government has large economic obligations and the budget must undertake the process of organizing the budget more closely."   LINK