Al-Saadawi stresses the need to find solutions before making any decision regarding the financial aspect.
Former member of the Parliamentary Finance Committee, Abdul Hadi Al-Saadawi, stressed the need to find solutions and remedies before the government takes any decisions regarding the country’s financial situation.
Al-Saadawi told Al-Maalouma, “A series of measures must be taken before making any amendments or issuing any decisions concerning the exchange rate in local markets to ensure the preservation of the value of the Iraqi dinar.”
He added, “There is a clear difference between the foreign currency sold through the official sales window and the same currency sold in local markets, with the difference reaching more than 20 points.”
He explained that “the government has taken good steps, as has the Central Bank, which has taken a series of measures to address the country’s financial and monetary situation,” noting that “financial solutions require courageous decisions from the government to address the economic situation, especially given the optimism surrounding the government’s ability to address the country’s economic situation.”
Almaalomah.me