The Minister of Finance reveals the position of the international community on changing the price of the dollar and promises about the 2022 budget


  •  Time: 11/24/2021 15:04:37 
  •  Reading: 494 times 
The Minister of Finance reveals the position of the international community on changing the price of the dollar and promises about the 2022 budget

{Economic: Al Furat News} Finance Minister Ali Allawi said, “The international community supported the adjustment of the dollar exchange rate against the dinar.” 

Allawi said in a press statement that “the change in the exchange rate prevented the layoffs of thousands of employees,” noting that “the change in the exchange rate helped protect the reserves of the Central Bank and provided job opportunities in the market.”

Allawi warned that “the reassessment of the value of the dinar will have the opposite effect.”

He revealed that “the 2022 budget will provide an opportunity to strengthen the social protection network,” noting that “the positive effects of the currency adjustment are beginning to appear.”

https://alforatnews.iq/news/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%8A%D9%83%D8%B4%D9%81-%D9%85%D9%88%D9%82%D9%81-%D8%A7%D9%84%D9%85%D8%AC%D8%AA%D9%85%D8%B9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D9%85%D9%86-%D8%AA%D8%BA%D9%8A%D9%8A%D8%B1-%D8%B3%D8%B9%D8%B1-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%88%D9%8A%D8%A8%D8%B4%D8%B1-%D8%A8%D8%B4%D8%A3%D9%86-%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-2022

One thought on “The Minister of Finance reveals the position of the international community on changing the price of the dollar and promises about the 2022 budget

  1. “The positive effects of the currency adjustment are beginning to appear.”? The only legit benefit would be drawing in more dinar stored in people’s homes for fear another devaluation might be on the horizon and there was a report that suggested such. That is the only real benefit.

    The next step is moving to shut the currency auctions, move to the forex with an increased dinar value like it was in the 70’sand early 80’s

    Like

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