AL-SUDANI: THE IRANIAN SIDE HAS NO PROBLEM IN DEALING COMMERCIALLY WITH IRAQ USING DINARS OR TOMANS
Prime Minister Muhammad Shiaa Al-Sudani said today, Thursday, that: “Economic reform begins with the financial and banking sectors,” while noting that “the government is committed to providing the dollar at the official rate,” and stressed that “there is no problem on the Iranian side in dealing commercially with Iraq in dinars.” Or toman. Al-Sudani said in a televised interview followed by “Al-Mutala’” that: “Conducting the population census, the first step in implementing Article 140 of the Constitution, was postponed to May 2024 after it was scheduled to be conducted this year due to the governorate council elections,” pointing out that “the time has come to lift the census.”
The outstanding problems between Baghdad and Erbil lie in the border crossings and the budget.” He added, “We went to borrow from the Ministry of Finance to pay the salaries of the employees of the Kurdistan region, and we are in favor of finding a solution with a legal amendment that considers the employees of the Kurdistan region as equal to the rest of the employees of Iraq,” stressing, “The government is keen to end the suffering of the Kurdistan employees’ salaries crisis.” On the other hand, he stressed, “Economic reform is the gateway to financial and banking reform, and the issue of the exchange rate requires this reform. We are committed to providing the dollar at the official rate to merchants, investors, contractors, students, and travelers.
” He pointed out, “95 percent of our trade now passes through the electronic platform, and there are those who circumvent the law and buy the dollar at the parallel price because they do not want to apply legal procedures.” He stressed, “We will not accept that the official price of the dollar be equal to the parallel price, because that would encourage smuggling.” Regarding foreign trade, Al-Sudani said: “The Iranian side has no problem in dealing commercially with Iraq in the dinar or toman currencies.”
He continued: “The problem of commercial transfers to Turkey has been solved by opening accounts in the Turkish lira.” He stressed that “food prices remained stable, despite the attempts of manipulators to speculate on the price of the dollar.”
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