Monday, November 6, 2023

The Dollar Continues To Storm Iraqi Markets, And Many Solutions Are In Vain, 6 NOV

The Dollar Continues To Storm Iraqi Markets, And Many Solutions Are In Vain

Economy  2023/11/05 Number of readings : 216  Baghdad - Iraq Today:   With the return of the rise in dollar prices, popular dissatisfaction and anger are renewed, especially by poor citizens, after the possibility of a stifling economic crisis, which will cause great harm to their miserable living conditions.

The economic expert, Bassem Antoine, said in a press interview, “Economic reforms, in light of the rise in the price of the dollar against the Iraqi dinar, need a long time to complete what the current government seeks, by untying the dollar knot and ending the major crisis.”

He added, "Iraq needs to develop the economy in a way that is different from before, especially with regard to the agricultural, commercial, and tourism sectors," noting that "activating these sectors will contribute greatly to reducing poverty and unemployment rates, and increase the strength of the country's economy, which will strengthen the value of the Iraqi dinar." .  LINK

No comments:

Post a Comment

EXCERPTS OF MNT GOAT: "WHY WOULD IRAQ EVEN NEED THIS SOVEREIGN FUND?" , 19 SEPT

  😊Another article today on establishing a sovereign fund   but this time it is more seriously addressed and more aggressively and not just...