A former official: Economic damage will be inflicted on the country if the exchange rate and this option are changed
Special – Mawazine News: The former director of the Financial Supervision Bureau, Salah Nouri, confirmed today, Wednesday, that “great economic damage will be inflicted if there is any change or modification to the dollar exchange rate.”
Nouri said in a statement to “Mawazine News”, that “even if the Ministry of Finance decides to amend the exchange rate to about 130, there are solutions to support the fragile and affected classes by raising the exchange rate.”
He added, “The procedure is to establish sovereign funds to support those segments that have been affected by the amount of their damage from the change, which amounted to 23%. They are compensated through these funds.”
He pointed out that “the Ministry of Finance has made it clear to the citizens about the increase in revenues and the recovery of the treasury.” Ended 29 / 92