Parliamentary Finance sends an “urgent” message to the government regarding dollar prices
Baghdad today – The Parliamentary Finance Committee called on the Iraqi government to restore the exchange rate of the dollar against the Iraqi dinar to its previous position, because of its significant negative impact on the lives of citizens at various levels.
Committee member Muhammad Al-Shabki told (Baghdad Today), “The main justification for raising the dollar exchange rate against the Iraqi dinar, which is Iraq’s entry into a financial and economic crisis due to global oil prices, has disappeared with the continuous rise in oil prices, especially there is a big difference between the current price. And the price recorded in the 2021 budget.”
Al-Shabki indicated that “with the rise in oil prices, the Iraqi government must restore the dollar’s exchange rate to its previous position, as there is no real justification for the dollar to remain high, especially since this government move greatly harmed the Iraqi process.”
He pointed out that “the government should reconsider it quickly, especially as it has greatly affected the lives of citizens.”