Parliamentary movement to change the dollar exchange rate in Iraq’s budget for 2022
News source / First News Agency – A member of the Parliamentary Economy and Investment Committee, Nada Shaker Jawdat, revealed today, Tuesday, the existence of a parliamentary movement aimed at changing the exchange rate of the dollar against the Iraqi dinar in the draft budget law for the year 2022.
Jawdat said, in a statement received by (Al-Oula News), that “the Iraqi government, until this moment, refuses to restore the exchange rate of the dollar against the Iraqi dinar, as it was before, especially after the disappearance of all justifications for raising this price, which greatly affected the lives of citizens from raising it. Food prices and others, and these justifications ended with the rise in oil prices and the presence of financial abundance to fill the remaining budget deficit.”
She added, “The Iraqi government’s insistence on its refusal to return the exchange rate of the dollar against the Iraqi dinar, as it was previously, prompted a new parliamentary movement, which will be effective during the coming days, for the purpose of which the exchange rate in the 2022 budget is different from the current budget.”
She stressed, “This matter is supported by the majority of deputies, and the new parliament will certainly have a position on this important economic file.”