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Mon. PM KTFA Iraq News Articles 3-27-23

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KTFA

Clare » March 27th, 2023

Planning: Recommendations to the Council of Ministers regarding the repercussions of the exchange of the dollar on the Iraqi market

3/27/2023

Today, Monday, the Ministry of Planning began discussing the effects of changing the exchange rate on the Iraqi market

And the ministry’s media mentioned in a statement received by {Euphrates News}, “The Undersecretary for Technical Affairs, Maher Hammad Johan, presided over an expanded meeting, with the participation of the Investment Authority and a number of government agencies, representatives of the Iraqi Contractors Union, the Iraqi Federation of Industries, the Baghdad Chamber of Commerce, and the Foundation for Sustainable Development.” “. 

The statement added, “The meeting discussed a number of proposals and recommendations, which aim to address the repercussions of changing exchange rates on the economic and commercial movement.” 

He pointed out that “the ministry will submit its recommendations to the Council of Ministers during the coming period.”

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It is worth noting that the Prime Minister, Muhammad Shia’ al-Sudani, had directed that the Ministry of Planning conduct a study of the effects of changing the exchange rate on the Iraqi market.     LINK

DeepWoodz » March 27th, 2023

Imo   Here is your study….the higher the value of your currency, the better off are your poorest citizens. Duh

Source: Dinar Recaps

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