An Economic Center Proposes Changing The Mechanism For Delivering Dollars To Travelers At Iraqi Airports
Economy breaking center Proposal changing Dollar delivery mechanism Iraqi travelers
2024-01-03 Shafaq News/ Today, Thursday, the Iraqi Political and Economic Center presented a proposal to change the mechanism for delivering dollars to travelers at Iraqi airports, while recording several observations on the currently approved mechanisms.
The center’s director, Wissam Hadmal Al-Helu, said in a statement received by Shafaq News Agency,
“The mechanism for delivering the dollar to travelers has witnessed in the past months a lot of complexity and did not provide it to many of its beneficiaries for the purposes permitted by the Central Bank.”
He added, "The mechanism adopted links that open at limited times, which causes great pressure on it and deprives many people of the ability to enter and reserve to request dollars, as well as
banks specifying specific numbers that are allowed to purchase, and then closing the application according to what was reported by the complaints of many that reached the Iraqi Central Bank."
Al-Helu continued, "Accordingly, the Center proposes another mechanism that is simple and protected at the same time, and that it should be under the supervision of the Central Bank of Iraq and the competent authorities in Iraqi airports," explaining that
"the proposed mechanism includes enabling the traveler who meets the conditions to request what he needs from the 3,000 US dollars allocated to him."
The traveler brings an amount equivalent to the Iraqi dinar and delivers it immediately from inside the airport after stamping his passport upon departure and presenting the stamp, ticket, and board to the bank outlets located at the airports, whose employees are present 24 hours a day.
He pointed out that "this measure will facilitate the way travelers receive the dollar and ensure fair distribution and that the majority of travelers will not be forced to buy the dollar from the black market with a large difference from the official price, which constitutes pressure that represents one of the factors that contributed to raising the exchange rate months ago."
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