On Friday, the Ministry of Finance issued a new statement regarding the measures supporting the increase in the positive effects of adjusting the exchange rate of the dollar against the Iraqi dinar.
The ministry said in a statement. She is “fully aware that there are a number of supportive measures that need to be taken to increase the positive effects of adjusting the exchange rate. The Ministry of Finance has not been able to do so publicly due to the sensitivity of the issue and because the budget must first be approved by the Council of Ministers.”
She added that she “led extensive discussions in the past weeks after the approval of the budget by the Council of Ministers regarding the follow-up to adjusting the exchange rate with many parties inside and outside the government. These discussions will culminate next week with a proposed expanded meeting with the main economic actors from the public and private sector, where the Ministry of Finance will develop its policy program.” Detailed designed to maximize the benefits of an exchange rate adjustment.
She indicated, “She hopes that these procedures will coincide with discussions within the House of Representatives on the budget. It should be noted that the main policy measures to protect the poor and the vulnerable have been included in the budget and discussed in the minister’s statement regarding the budget.”