Economist: The budget is not affected by dollar exchange rates. And explain the reason
An economist excluded, the financial budget was affected by dollar exchange rates.
“The budget is not affected by the rise or decline in dollar exchange rates, because Iraq will receive the dollar from the export of oil, and on the contrary, revenues increase as dollar prices increase globally,” Bassem Jameel Antoine told {Euphrat News}.
He pointed out that “market commitments deal in the Iraqi dinar and there is no treatment in dollars and that building the budget is mainly on the Iraqi dinar and not on the dollar, so the budget is never affected by the dollar exchange rates.”
Raghad Dahham
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