Deputy: the devaluation of the dinar would adversely affect the low-income and poor classes



2015/12/21 14:50

[Baghdad - where]
Deputy for the National Alliance, said the central bank's decision to reduce the value of the dinar by 1.3% will saddle the citizens and put pressure on their standard of living and in particular the owners of low-income and poor people.

And between Abdul-Hussein al-Musawi said in a statement received by the agency all of Iraq [where] a copy of "first had to think about alternatives to distract us from this result, which will increase the suffering of the disadvantaged classes and low-income people, such as pressing the unnecessary expenditure and activate regulatory mechanisms to meet the corruption and waste of public money and inquire outlets about the fate of non-oil revenues that have been actually Asthsalha of citizen resources, such as fees, and take the sale of public sector products, and profits ministries, and taxes but absent presence in the budget items as a supporter of revenue for it.

"He added that" the investigation and audit in the fate of those revenues that carry citizen commitment it without to have a role in the consolidation of the budget is required and necessary, noting that "the cooperation of the executive and supervisory authorities in the detection of destiny will provide convenient alternatives to enrich us all make decisions increase the suffering of our people and patient."

The Central Bank of Iraq announced reduced the value of the dinar against the the US dollar.

According to a statement of the bank received [where] a copy of it, that "raise selling the US dollar to banks and exchange companies rate by 16 dinars, or 1.37 percent, to 1182 dinars" .anthy

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