Tuesday, December 12, 2023

Parliamentary Finance calls for the adoption of an electronic system to control the rise of the dollar, 12 DEC

 Parliamentary Finance calls for the adoption of an electronic system to control the rise of the dollar

11/12/2023
Parliamentary Finance calls for the adoption of an electronic system to control the rise of the dollarToday, Monday, the Parliamentary Finance Committee announced its call to the Central Bank, taxes, ports, national security, and other concerned parties to adopt a robust electronic system for external and internal transactions with the aim of controlling the rise in the price of the dollar.
Mustafa Al-Karaawi, a member of the Parliamentary Finance Committee, explained that “supplying the dollar from the US Federal Bank will relieve pressure and contribute to providing the currency for internal and external commercial transactions,” indicating that the government will control the dollar file through the central bank as part of the strategy for dealing with the dollar.
Al-Karaawi stressed the need for other government agencies, such as customs, taxes, and border crossings, to carry out their duties effectively to control the issue of the rise in the dollar. He called on National Security to follow up on trade exchange operations to enhance control over the dollar.
He stressed that “the operations to control the dollar require complete coordination between the Central Bank and the relevant government agencies,” stressing the importance of concerted efforts to achieve effective control through an electronic system that controls the movement of the dollar.

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