Ministry of Finance: The dollar exchange rate has not yet been determined; the proposed rate ranges between 1400 and 1500 dinars.
The Ministry of Finance denied on Sunday that a specific exchange rate for the US dollar had been set in the 2027 budget, while indicating that the proposed rate of 1400-1500 dinars would likely be adopted.
The statement from the ministry, reported by Al-Maalomah News Agency, quoted the Minister of Finance as saying that the exchange rate had not yet been determined and that the proposed rate ranged between 1400 and 1500 dinars. The statement added that the diversification of oil export sources, the coherence of the government program, and the ability to cover the budget deficit were all factors in the budget.
It further explained that all contracts would be made permanent and salaries converted to Contract 315. The statement also noted that 100,000 contracts had been created in the budget, with 50,000 allocated to security forces and another 50,000 to civilian positions.
Almaalomah.me