The State of Law coalition confirmed, on Tuesday, that the coalition will not vote to pass the 2022 budget except by a decision to lower the dollar exchange rate and return it to what it was previously.
The leader of the coalition, Haider al-Lami, said in an interview with / the information / that “Al-Maliki’s coalition categorically refused to raise the exchange rate of the dollar and keep the price as it was previously, or raise it to a maximum of 125,000 thousand Iraqi dinars for the 100 US dollars, but we were surprised by the refusal Great,” noting that “the only person affected by this rise is the Iraqi people.
He added, “Iraq today exports more than four million barrels, and the price of one barrel reaches more than $100, but so far we see the dollar exchange rate is very high.”
The leader of the State of Law explained that “the coalition will not proceed with passing the Federal Budget Law for 2022 inside the parliament, except by a decision to lower the dollar exchange rate and return it to what it was previously in order to serve the interests of the Iraqi people.”
And the leader in the State of Law coalition, Essam Shaker, confirmed to “Information” that “all the political elites agree that Al-Kazemi’s government has committed grave mistakes in the economic file, starting with the file of raising the dollar exchange rate and decreasing the value of the Iraqi dinar, leading to weak control over the markets and leaving millions of Iraqis at the mercy of Monopoly and the mafias of the markets that manipulate prices as they wish