Wednesday, November 1, 2023

Parliamentary Warnings About The Consequences Of The Decline In The Value Of The Iraqi Dinar, 1 NOV

 Parliamentary Warnings About The Consequences Of The Decline In The Value Of The Iraqi Dinar

Information/Baghdad..  On Wednesday, the representative of the Kurdistan Democratic Party, Sharif Suleiman, warned of the consequences of the continuing rapid decline in the value of the Iraqi dinar against the dollar, while calling on the government to adopt a new reform package to stabilize the value of the Iraqi dinar.

Suleiman said in an interview with the Maalouma Agency, “The value of the Iraqi dinar witnessed a noticeable decline against the US dollar during the past days.”

He added, "It is the responsibility of the government and the central bank to take quick measures to preserve the value of the Iraqi dinar as it affects people's pensions and the Iraqi market."

He pointed out that "the procedures followed by the government and the Central Bank are below the required level," calling on the Central Bank to "take new steps to address the crisis of the decline in the value of the Iraqi dinar."

Independent MP Raed al-Maliki confirmed the failure of the government and the central bank to control the dollar against the Iraqi dinar. Ended / 25 h  LINK

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