Al-Zaydi reiterates the need to control currency exchange rates and prevent “speculation”
On Monday, Prime Minister Ali Faleh al-Zaidi reiterated his commitment to controlling currency exchange rates in the country, preventing speculation, and eliminating price discrepancies between the official and parallel rates. Financialnews subscription
Al-Zaydi said during a meeting held at the Nineveh Governorate headquarters that “the government is proceeding with the implementation of its development plans for the governorates, and that Nineveh deserves efforts to improve its service and living conditions. The doors are also open to follow up on any shortcomings, in order for the governorate to have a future that befits it, its history and its cultural heritage.”
According to a statement from his media office, he stressed the need to confront any cases of corruption, the importance of preserving public funds, and countering attempts to distort national identity by inciting discord and division among the components of the governorate .
He explained that the government is committed to financial and administrative reform, including controlling foreign exchange rates, preventing speculation, and stopping the economic bleeding represented by exchange rate differences, from which speculators were making profits at the expense of the local economic cycle .
Al-Zaydi explained that his plan for the million-farm project will be in the form of agricultural specializations that suit the governorates and develop agricultural wealth in them, such as making Basra the capital of Iraqi palm trees, and Najaf the capital of rice production, in addition to establishing food factories that will be supplied with the products of the farms, as well as what this plan will provide in terms of job opportunities, an increase in local production and the strengthening of food security.
Shafaq.com